Category: Market Insights

La Niña and the Cashew Belt: Who Wins, Who Loses?

La Niña and the Cashew Belt: Who Wins, Who Loses? After several years of shifting weather patterns, the prospect of another La Niña raises a simple but important question for the cashew market: Will global cashew crops benefit – or suffer – if La Niña returns? La Niña is not a storm but a large-scale […]

Tanzania’s Cashew Auctions Open With Strong Start and Firm Prices

After a short delay caused by post-election disruptions, Tanzania’s cashew season has finally kicked off — and early results suggest both confidence and competitiveness in the market.The Cashew Board of Tanzania (CBT) has set an ambitious target of 700,000 tons for the 2025/26 season, a major step up from the 528,000 tons harvested last year. […]

Tanzania: Cashew Auction Delay Amid Post-Election Unrest

Tanzania’s cashew season has opened under unusual circumstances. The first auction of the 2025/26 marketing year, originally scheduled for October 31 in Tandahimba (Mtwara region), was postponed following unrest after the country’s general elections.According to Expana/Urner Barry (Foodmarket), traders and cooperative unions confirmed the delay, while the Cashew Board of Tanzania (CBT) has yet to […]

Vietnam’s Cashew Paradox: Record Exports, but Not to the U.S.

Vietnam is exporting near-record volumes of cashew kernels in 2025 — even as shipments to the U.S. have fallen sharply due to new tariffs. This paradox underscores deeper shifts in global demand, raw nut sourcing, and trade alignment that are reshaping the industry in real time.   2025 Exports Already Near Last Year’s Total Vietnam […]

Tanzania’s 700,000-Ton Cashew Ambition Meets Data Reality

The Cashewnut Board of Tanzania (CBT) has reaffirmed its ambitious target of 700,000 metric tons for the 2025/26 cashew season — nearly one-third higher than last year’s record harvest of 528,260 tons.While official statements emphasize favorable weather and expanded planting, independent forecasts and trade sources remain far more cautious, pointing to an outcome closer to […]

U.S. Cashew Market: Growth Outlook Solid, but Market Valuations Diverge

Industry reports point to a U.S. cashew market that continues to expand — though estimates on its current size vary widely depending on how analysts define it.   Market Signals: Steady Growth, Unclear Baseline Recent market studies differ sharply on the value of the U.S. cashew sector: Despite the different baselines, all sources agree on […]

India’s Cashew Market: Heavy Buying Signals vs. Mixed On-the-Ground Demand

Industry sources indicate India imported more than 118,000 tons of RCN in the first three weeks of September, with Guinea-Bissau leading arrivals. Kernel prices in key domestic hubs were reported broadly stable even as the rupee weakened (~₹88.7/USD late September). Ahead of Diwali, some market reports expect domestic demand to strengthen. At the same time, […]

Tanzania’s 700,000-Ton Cashew Goal Faces Reality Check

The Cashewnut Board of Tanzania (CBT) has set an ambitious target of 700,000 tons for the 2025/26 season, aiming to nearly double production from just two years ago. This follows a mixed track record: in 2023/24 the country set itself a goal of 400,000 tons but managed only 305,014 tons. In 2024/25, CBT reports production […]

Imports Up, Prices Up: Vietnam’s Cashew Market Defies Expectations

Vietnam, the world’s largest cashew processor, remains heavily reliant on raw cashew nut (RCN) imports while continuing to dominate kernel exports. The latest VINACAS August 2025 report highlights strong growth on both fronts, although market insiders suggest actual flows may have been even higher than reported. Raw Cashew Nut Imports (Jan – Aug 2025) Volume: […]