Report Update Feb 1, 2025

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

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Ukraine: Cashew Nut Market 2025

Cashew Nut Market Size in Ukraine

In 2021, the Ukrainian cashew nut market decreased by -23.9% to $X, falling for the third consecutive year after seven years of growth. Overall, consumption showed a abrupt downturn. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Cashew Nut Exports

Exports from Ukraine

Cashew nut exports from Ukraine was estimated at X kg in 2019, approximately mirroring the previous year's figure. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 1,673%. As a result, the exports reached the peak of X kg. From 2015 to 2019, the growth of the exports remained at a somewhat lower figure.

In value terms, cashew nut exports shrank markedly to $X in 2019. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 699%. As a result, the exports reached the peak of $X. From 2015 to 2019, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X kg) was the main destination for cashew nut exports from Ukraine, with a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to China was relatively modest.

In value terms, China ($X) emerged as the key foreign market for cashew nut exports from Ukraine.

From 2012 to 2019, the average annual growth rate of value to China was relatively modest.

Export Prices by Country

In 2019, the average cashew nut export price amounted to $X per ton, with a decrease of -58.5% against the previous year. Overall, the export price faced a sharp curtailment. The pace of growth was the most pronounced in 2013 when the average export price decreased by -33.7%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2019, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2019, the rate of growth in terms of prices for Cyprus amounted to 0.0% per year.

Cashew Nut Imports

Imports into Ukraine

In 2021, overseas purchases of cashew nuts decreased by -23.9% to X tons, falling for the third year in a row after seven years of growth. Overall, imports faced a abrupt descent. The pace of growth appeared the most rapid in 2018 with an increase of 18%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, cashew nut imports reduced rapidly to $X in 2021. Over the period under review, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2013 when imports increased by 51% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Senegal (X tons) was the main supplier of cashew nut to Ukraine, accounting for a 99% share of total imports. It was followed by Burkina Faso (X kg), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Senegal stood at -9.7%.

In value terms, Senegal ($X) constituted the largest supplier of cashew nut to Ukraine, comprising 97% of total imports. The second position in the ranking was held by Burkina Faso ($X), with a 0.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Senegal amounted to -2.0%.

Import Prices by Country

In 2021, the average cashew nut import price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +10.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cashew nut import price decreased by -5.6% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 49% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 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 Burkina Faso ($X per ton), while the price for Senegal amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Burkina Faso (+64.7%).

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. Burundi ranked third in terms of total consumption 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 Ukraine?

In value terms, Senegal constituted the largest supplier of cashew nut to Ukraine.

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

The average cashew nut export price stood at $7,100 per ton in 2019, with an increase of 7.3% against the previous year.

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

In 2021, the average cashew nut import price amounted to $7,854 per ton, dropping by -64% against the previous year.

This report provides an in-depth analysis of the cashew nut market in Ukraine. 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:

Ukraine

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ukraine
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