Japan: Cashew Nut Market 2025

Cashew Nut Market Size in Japan

The Japanese cashew nut market shrank significantly to $X in 2021, dropping by -89% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a abrupt contraction. As a result, consumption attained the peak level of $X, and then declined sharply in the following year.

Cashew Nut Exports

Exports from Japan

In 2021, approx. X kg of cashew nuts were exported from Japan; with a decrease of -4.2% compared with the year before. Over the period under review, exports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 29%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, cashew nut exports reached $X in 2021. In general, exports faced a precipitous descent. The pace of growth was the most pronounced in 2019 with an increase of 16%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Micronesia (X kg) was the main destination for cashew nut exports from Japan, with a 75% share of total exports. Moreover, cashew nut exports to Micronesia exceeded the volume sent to the second major destination, Singapore (X kg), threefold.

From 2012 to 2021, the average annual growth rate of volume to Micronesia stood at -39.8%.

In value terms, Micronesia ($X) remains the key foreign market for cashew nut exports from Japan, comprising 78% of total exports. The second position in the ranking was taken by Singapore ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Micronesia stood at -31.3%.

Export Prices by Country

In 2021, the average cashew nut export price amounted to $X per ton, picking up by 6.3% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 18% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was Micronesia ($X per ton), while the average price for exports to Singapore totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Micronesia (+14.0%).

Cashew Nut Imports

Imports into Japan

In 2021, the amount of cashew nuts imported into Japan fell rapidly to X tons, reducing by -86.3% compared with the previous year's figure. Over the period under review, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 1,852%. As a result, imports attained the peak of X tons, and then fell notably in the following year.

In value terms, cashew nut imports dropped remarkably to $X in 2021. Overall, imports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 2,631% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Nigeria (X tons), Indonesia (X tons) and Myanmar (X kg) were the main suppliers of cashew nut imports to Japan, with a combined 99% share of total imports.

From 2012 to 2021, the biggest increases were in Indonesia (with a CAGR of +79.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Nigeria ($X) constituted the largest supplier of cashew nut to Japan, comprising 92% of total imports. The second position in the ranking was held by Indonesia ($X), with a 5.9% share of total imports. It was followed by Myanmar, with a 1.4% share.

From 2012 to 2021, the average annual growth rate of value from Nigeria totaled -21.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+24.6% per year) and Myanmar (+11.5% per year).

Import Prices by Country

In 2021, the average cashew nut import price amounted to $X per ton, falling by -50.7% against the previous year. Over the period under review, the import price recorded a sharp decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 60% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Burkina Faso (+12.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :