ProductsCashew Nuts, Middle East Products, Crafts
Company typeDistributor/Wholesaler
Address5 Frognal Parade, London, United Kingdom
ZipNW3 5HH
CountryUnited Kingdom
ProductsCashew Nuts, Middle East Products, Crafts
Num of employees5 - 10 People
Establish year1997
MarketsWestern Europe
SalesBelow US$1 Million

Europe Cashew Market : Investigation and Growth Forecasted until the End

Mon, 15 Nov 2021 04:38:00

(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Nov 15, 2021, 07:02 /Comserve / -- Europe Cashew Market With Top Countries Data, Industry Analysis , Size, Share, Revenue, Prominent Players, Developing Technologies, Tendencies and Forecast

The cashew market in Europe is estimated to register a CAGR of 3.4% during the forecast period (2020-2025). Europe is completely dependent on imports for cashew with zero domestic production. The demand for cashew nut is growing at a continuous rate of 3-4% annually, making cashew the cheapest tree nut in the region. The majority of the regional demand is generated by countries like the Netherlands, the United Kingdom, France, Germany, Spain, and Italy. The primary cashew market drivers in this region are the nut's nutrient content and the demand for ready-to-eat snacks.

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Key Market Trends

Germany and the Netherlands are the leading Importers

The European cashew import trade is highly concentrated with two major importers, Netherlands and Germany, with 60% of total European imports. Both countries are big consumers of cashew nuts, and they are also transit countries for other European destinations. The Netherlands is an important trade hub for the re-export of cashew nuts within Europe. The Netherlands re-exports to other European countries approximately 75% (approximately 30 thousand tonnes) of its cashew imports.

Vietnam - The Leading Supplier to Europe

The leading supplier of cashew to Europe is Vietnam, followed by India. In 2017, Vietnam reached its highest ever export value of cashew nuts to Europe at USD 1,062.50 million, nearly USD 245.5 million more than the previous year. Honduras and Indonesia have also been growing their shares of the European market at average annual export growth rates of 40% and 50%, respectively in the past five years. However, the export volume of those two countries is still minimal.

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study



4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.4 Market Restraints
4.5 Value Chain Analysis


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