Israel: Cashew Nut Market 2025

Cashew Nut Market Size in Israel

In 2021, after two years of growth, there was significant decline in the Israeli cashew nut market, when its value decreased by -31.1% to $X. Overall, consumption, however, continues to indicate a significant increase. Over the period under review, the market reached the peak level at $X in 2020, and then reduced dramatically in the following year.

Cashew Nut Production in Israel

In value terms, cashew nut production amounted to $X in 2021 estimated in export price. Over the period under review, production saw resilient growth. The pace of growth appeared the most rapid in 2020 with a decrease of 99.9% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Cashew Nut Exports

Exports from Israel

In 2021, cashew nut exports from Israel soared to X tons, growing by 123% compared with the year before. Over the period under review, exports, however, recorded a mild descent. The pace of growth appeared the most rapid in 2019 when exports increased by 706% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, cashew nut exports declined modestly to $X in 2021. In general, exports saw a modest expansion. The growth pace was the most rapid in 2019 when exports increased by 346%. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Palestine (X tons) was the main destination for cashew nut exports from Israel, accounting for a 100% share of total exports. It was followed by France (X kg), with a 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Palestine amounted to -1.0%.

In value terms, Palestine ($X) remains the key foreign market for cashew nut exports from Israel, comprising 98% of total exports. The second position in the ranking was held by France ($X), with a 0.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Palestine stood at +1.2%.

Export Prices by Country

In 2021, the average cashew nut export price amounted to $X per ton, shrinking by -55.4% against the previous year. Overall, the export price, however, posted a pronounced expansion. The pace of growth appeared the most rapid in 2014 an increase of 532% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Palestine amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+13.2%).

Cashew Nut Imports

Imports into Israel

In 2021, after two years of growth, there was significant decline in overseas purchases of cashew nuts, when their volume decreased by -17.1% to X tons. Overall, imports, however, saw a perceptible expansion. The most prominent rate of growth was recorded in 2020 with an increase of 362% against the previous year. As a result, imports reached the peak of X tons, and then reduced rapidly in the following year.

In value terms, cashew nut imports dropped remarkably to $X in 2021. Over the period under review, imports, however, showed noticeable growth. The most prominent rate of growth was recorded in 2020 with an increase of 303% against the previous year. As a result, imports reached the peak of $X, and then reduced rapidly in the following year.

Imports by Country

In 2021, Vietnam (X tons) constituted the largest supplier of cashew nut to Israel, with a 66% share of total imports. Moreover, cashew nut imports from Vietnam exceeded the figures recorded by the second-largest supplier, Palestine (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Vietnam amounted to +11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Palestine (+18.3% per year) and Nigeria (-8.7% per year).

In value terms, Vietnam ($X) constituted the largest supplier of cashew nut to Israel, comprising 98% of total imports. The second position in the ranking was taken by Palestine ($X), with a 1.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Vietnam stood at +13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Palestine (-7.1% per year) and Nigeria (-22.9% per year).

Import Prices by Country

In 2021, the average cashew nut import price amounted to $X per ton, waning by -14.6% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 140% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Vietnam ($X per ton), while the price for Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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