Report Update Apr 1, 2024

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

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Algeria: Cashew Nut Market 2024

Cashew Nut Market Size in Algeria

In 2022, after three years of growth, there was significant decline in the Algerian cashew nut market, when its value decreased by X% to $X. In general, consumption, however, recorded a prominent increase. Cashew nut consumption peaked at $X in 2021, and then contracted remarkably in the following year.

Cashew Nut Production in Algeria

In value terms, cashew nut production amounted to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average yield of cashew nuts in Algeria amounted to less than X kg per ha, approximately reflecting 2021. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of cashew nuts production in Algeria amounted to less than X ha, remaining stable against 2021 figures. In general, the harvested area saw a relatively flat trend pattern.

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Cashew Nut Exports

Exports from Algeria

In 2020, exports of cashew nuts from Algeria amounted to X tons, almost unchanged from the year before. Over the period under review, exports recorded a dramatic contraction. The smallest decline of X% was in 2019. The exports peaked at X tons in 2018; however, from 2019 to 2020, the exports stood at a somewhat lower figure.

In value terms, cashew nut exports totaled $X in 2020. Overall, exports continue to indicate a dramatic setback. The smallest decline of X% was in 2019. The exports peaked at $X in 2018; however, from 2019 to 2020, the exports failed to regain momentum.

Exports by Country

Mongolia (X tons) was the main destination for cashew nut exports from Algeria, with a approx. X% share of total exports.

From 2018 to 2020, the average annual growth rate of volume to Mongolia was relatively modest.

From 2018 to 2020, the average annual rate of growth in terms of value to Mongolia was relatively modest.

Export Prices by Country

The average cashew nut export price stood at $X per ton in 2020, approximately equating the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 a decrease of X%. The export price peaked at $X per ton in 2018; afterwards, it flattened through to 2020.

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

From 2018 to 2020, the rate of growth in terms of prices for Mongolia amounted to X% per year.

Cashew Nut Imports

Imports into Algeria

After three years of growth, supplies from abroad of cashew nuts decreased by X% to X tons in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at X tons in 2021, and then dropped significantly in the following year.

In value terms, cashew nut imports contracted rapidly to $X in 2022. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then reduced sharply in the following year.

Imports by Country

In 2022, Cote d'Ivoire (X tons) constituted the largest supplier of cashew nut to Algeria, accounting for a X% share of total imports. Moreover, cashew nut imports from Cote d'Ivoire exceeded the figures recorded by the second-largest supplier, Senegal (X tons), twofold. The third position in this ranking was taken by Burkina Faso (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Cote d'Ivoire stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Senegal (X% per year) and Burkina Faso (X% per year).

In value terms, Cote d'Ivoire ($X), Senegal ($X) and India ($X) appeared to be the largest cashew nut suppliers to Algeria, with a combined X% share of total imports.

India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cashew nut import price stood at $X per ton in 2022, dropping by X% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cashew nut import price increased by X% against 2017 indices. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The import price peaked at $X per ton in 2021, and then reduced slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of consumption in 2023 were Vietnam, India and Ghana, together accounting for 73% of global consumption. Nigeria, the Philippines, Benin, Brazil, Indonesia, Tanzania and Mozambique lagged somewhat behind, together comprising a further 19%.

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

The countries with the highest volumes of production in 2022 were Cote d'Ivoire, Ghana and India, with a combined 45% share of global production. Nigeria, Vietnam, Tanzania, the Philippines, Benin, Indonesia, Mozambique, Burkina Faso, Brazil and Guinea-Bissau lagged somewhat behind, together comprising a further 45%.

What are the leading suppliers of cashew nuts to Algeria?

In value terms, the largest cashew nut suppliers to Algeria were Cote d'Ivoire, Senegal and India, with a combined 87% share of total imports.

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

The average cashew nut export price stood at $3,732 per ton in 2020, almost unchanged from the previous year.

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

The average cashew nut import price stood at $4,803 per ton in 2022, waning by -3.4% against the previous year.

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

Algeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Algeria
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023