Netherlands Cashew Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Netherlands Cashew Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Netherlands cashew market is estimated to record a CAGR of 3.2% during the forecast period, 2020-2025. The Netherlands is the largest European importer of cashew nut kernels, accounting for more than 40% of the total regional imports. Globally, the country comprises 10% of the total trade. The demand for the nut is growing at a continuous rate of 3-4% annually, thus making cashew the cheapest tree nut. The favorable exchange rates and stable prices in the regional market are triggering the interest of packers and consumers equally.

Key Market TrendsImport Dominates the Cashew Market

As the largest importer and re-exporter in Europe, the Netherlands is a highly relevant market for cashew trade in Europe. The country is the main distribution center for cashew nut kernels in Europe and has a 93% share of imports sourced directly. The country also possesses a number of specialized organic and fair trade importers mainly active in the European snack segment. According to International Trade Centre, during the forecast period 2016-2018, the import of cashew in the region saw an increase of 60.77%, whereas the export of cashew in the region saw only an increase of 30.18%, indicating that there was a high demand for cashew in the region causing a rise in the import opportunities within. In 2019, the Netherlands imported a cashew value of 497,424 metric ton, up from 414,647 metric ton in 2016. Vietnam, India, and the Phillippines are some of the major exporters of cashew to the Netherlands.

The Netherlands is the Largest Cashew Nuts Re-exporter

Since the European climate is not suitable for growing cashews, exports of cashew in the market are actually the re-export of imported cashews. However, imported cashews undergo various processing procedures in terms of export requirements. The Netherlands alone accounts for 50% of the total re-export of cashew products in the European region. Germany, Belgium, France, and Poland are some of the major importers of cashew from the Netherlands. During the forecast period, the export in the Netherlands saw an increase of 39.01% in the overall cashew export to the world.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
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Companies Mentioned

IBM Corporation
Oracle Corporation
Internap Corporation
Packet Inc. (An Equinix Inc. Company)
Scaleway Inc.
Amazon Web Services Inc
Rackspace Inc.
CenturyLink, Inc.
LightEdge Solutions, Inc

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