Cashew Nut Market in Uzbekistan
In value terms, cashew nut production fell to $ in estimated in export price. Overall, production, however, showed a strong expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by % against the previous year. Over the period under review, production attained the maximum level at $ in , and then fell in the following year.
In , the average cashew nut yield in Uzbekistan amounted to less than kg per ha, approximately reflecting the year before. Over the period under review, the yield showed 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 Uzbekistan totaled less than ha in , remaining stable against the previous year's figure. Overall, the harvested area recorded a relatively flat trend pattern.
The value of the cashew nut market in Uzbekistan reduced slightly to $ in , almost unchanged from 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). Over the period under review, consumption, however, recorded a significant increase. Over the period under review, the market hit record highs at $ in , and then contracted slightly in the following year.