Report Update Mar 1, 2025

Peru - Cashew Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Cashew Nut Market 2025

Cashew Nut Market Size in Peru

The Peruvian cashew nut market fell dramatically to $X in 2021, with a decrease of -15% against the previous year. The market value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then dropped markedly in the following year.

Cashew Nut Production in Peru

In value terms, cashew nut production skyrocketed to $X in 2021 estimated in export price. In general, production, however, showed a buoyant increase. The growth pace was the most rapid in 2019 when the production volume increased by 289%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

In 2021, the average yield of cashew nuts in Peru dropped dramatically to X tons per ha, with a decrease of -20.6% on the previous year's figure. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the yield increased by 82%. As a result, the yield attained the peak level of X tons per ha, and then declined significantly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of cashew nuts were harvested in Peru; with a decrease of -7.7% compared with the previous year. Overall, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. As a result, the harvested area reached the peak level of X ha, and then fell in the following year.

Cashew Nut Exports

Exports by Country

Hong Kong SAR (X kg) was the main destination for cashew nut exports from Peru, with a approx. 100% share of total exports.

From 2019 to 2019, the average annual growth rate of volume to Hong Kong SAR was relatively modest.

From 2019 to 2019, the average annual rate of growth in terms of value to Hong Kong SAR was relatively modest.

Cashew Nut Imports

Imports into Peru

In 2019, after two years of growth, there was significant decline in overseas purchases of cashew nuts, when their volume decreased by -88.1% to X kg. In general, imports saw a dramatic decrease. The pace of growth appeared the most rapid in 2018 when imports increased by 370%. As a result, imports reached the peak of X tons, and then reduced sharply in the following year.

In value terms, cashew nut imports plummeted to $X in 2019. Overall, imports saw a significant decline. The pace of growth appeared the most rapid in 2018 when imports increased by 124% against the previous year. As a result, imports reached the peak of $X, and then shrank sharply in the following year.

Imports by Country

In 2019, Chile (X kg) was the main supplier of cashew nut to Peru, accounting for a approx. 100% share of total imports.

From 2017 to 2019, the average annual growth rate of volume from Chile was relatively modest.

In value terms, Chile ($X) constituted the largest supplier of cashew nut to Peru.

From 2017 to 2019, the average annual rate of growth in terms of value from Chile was relatively modest.

Import Prices by Country

The average cashew nut import price stood at $X per ton in 2019, with a decrease of -52.4% against the previous year. In general, the import price showed a sharp curtailment. The pace of growth appeared the most rapid in 2018 a decrease of -52.3% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2019, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Chile.

From 2017 to 2019, the rate of growth in terms of prices for Chile amounted to 0.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cashew nuts in the world?

Vietnam remains the largest cashew nut consuming country worldwide, accounting for 41% of total volume. Moreover, cashew nut consumption in Vietnam exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by Burundi, with a 6.7% share.

What are the largest producers of cashew nuts in the world?

The countries with the highest volumes of cashew nut production in 2021 were India, Cote d'Ivoire and Vietnam, with a combined 39% share of global production. These countries were followed by Ghana, Burundi, Tanzania, the Philippines, Nigeria, Mali, Benin, Guinea-Bissau, Burkina Faso and Brazil, which together accounted for a further 46%.

What are the leading suppliers of cashew nuts to Peru?

In value terms, Chile $330) constituted the largest supplier of cashew nut to Peru.

What is the average export price for cashew nuts in Peru?

The average cashew nut export price stood at $10,000 per ton in 2019, standing approx. at the previous year.

What is the average import price for cashew nuts in Peru?

In 2019, the average cashew nut import price amounted to $5,077 per ton, with a decrease of -22% against the previous year.

This report provides an in-depth analysis of the cashew nut market in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 217 - Cashew nuts

Country coverage:

Peru

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Peru
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024