ALL AGRI #Cashew Market

The value of the cashew nut market in Africa surged to $890M in 2024, growing by 19% 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, showed a relatively flat trend pattern. The level of consumption peaked at $1.5B in 2018; however, from 2019 to 2024, consumption stood at a somewhat lower figure.