Cashew Nut Market Overview in the Netherlands
In value terms, cashew nut production rose remarkably to $ in 2019 estimated in export prices. Overall, the total production indicated resilient growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +% against 2014 indices. The pace of growth was the most pronounced in 2012 with an increase of % against the previous year. Cashew nut production peaked in 2019 and is likely to continue growth in the immediate term.
The average yield of cashew nuts in the Netherlands totaled kg per ha in 2019, flattening at the year before. Over the period under review, the yield continues to indicate 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.
The cashew nut harvested area in the Netherlands amounted to ha in 2019, approximately mirroring the previous year. In general, the harvested area showed a relatively flat trend pattern.
The size of the cashew nut market in the Netherlands rose notably to $ in 2019, with an increase of % 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, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2012 when the market value increased by % against the previous year. Over the period under review, the market attained the maximum level at $ in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.