Cashew Nut Market Overview in Germany
In value terms, cashew nut production rose significantly to $ in estimated in export prices. In general, production, however, showed a resilient expansion. The growth pace was the most rapid in 2009 with an increase of % year-to-year. Over the period under review, production hit record highs in and is expected to retain growth in the immediate term.
In , the average yield of cashew nuts in Germany amounted to kg per ha, approximately mirroring 2019. In general, 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 , the cashew nut harvested area in Germany totaled ha, leveling off at the previous year's figure. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.
The value of the cashew nut market in Germany fell to $ in , which is down by -% 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 showed a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of % y-o-y. Cashew nut consumption peaked at $ in 2007; however, from 2008 to , consumption remained at a lower figure.