Market research

Cashew nuts market in Malaysia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The cashew nut market in Malaysia showed consistent growth from 2018 to 2023, expanding from 18 755 tonnes to 20 499 tonnes. This upward trend was interrupted only in 2022, when the market size dipped slightly to 19 959 tonnes before recovering the following year.

Steady increases in domestic production, which rose from 16 287 tonnes to 16 928 tonnes over the period, formed a stable base for the market. However, fluctuations in import volumes, particularly a sharp rise to 3 635 tonnes in 2021, were the primary driver behind the major changes in total market volume.

The market structure is characterized by a heavy reliance on imported cashew nuts, especially from Thailand, due to limited local cultivation and low domestic output. This import dependency makes the total market volume sensitive to international trade flows and supply conditions.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Malaysia
  1. 5.1.1. Annual dynamics of production in Malaysia in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Malaysia in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Malaysia in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Malaysia by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Malaysia in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Malaysia by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Malaysia, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Malaysia by countries, 2018-2025, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Malaysia in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Malaysia by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Malaysia in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Malaysia by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Malaysia, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Malaysia by countries, 2018-2025, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Malaysia in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Malaysia by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Malaysia in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Malaysia by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Malaysia, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Malaysia by countries, 2018-2025, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Malaysia in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Malaysia by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Malaysia in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Malaysia by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Malaysia, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Malaysia by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production cashew nuts in Malaysia

In kind, 2018-2021, t

From 2018 to 2021, Malaysia ranked as the 18th largest producer of cashew nuts globally.

Top producers of cashew nuts, 2018-2021

Source: SHEV.io

World map of production of cashew nuts, 2018-2021

Source: SHEV.io

Malaysia's cashew nut production grew for the third consecutive year. In 2021, the country produced 16 692 tonnes, marking a slight increase of 1.0% from the previous year. Over the 2018-2021 period, production rose by 2.5%, with an average annual growth rate of 0.8%.

Annual dynamics of production in Malaysia in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	0.5%	1.0%	1.0%	0.8%

Source: SHEV.io

Exports cashew nuts from Malaysia

Exports in kind, t

The export market for cashew nuts from Malaysia showed volatility during the observed period. The lowest point was in 2020 at 40 tonnes, while the peak occurred in 2018, resulting in a 4.6-fold difference between these years. In 2021, exports totaled 117 tonnes, a sharp increase of 194.4% compared to 2020. The largest decline was recorded in 2019 at 75.3%.

Annual dynamics of product's exports from Malaysia in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(75.3%)	(12.7%)	194.4%	(14.0%)

Source: SHEV.io

From 2018 to 2021, the United States (24.8% of exports by volume), Iran (20.7%), and Vietnam (16.7%) formed the core of Malaysia's cashew nut exports, together accounting for 62.1% of total shipments.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Malaysia in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

The value of cashew nut exports from Malaysia followed an unstable trend. The lowest point was in 2020 at 85 thousand US dollars, while the peak was in 2018, with an 18-fold gap between these years. In 2021, exports amounted to 736 thousand US dollars, a dramatic rise of 770.9% from the previous year. The largest decline occurred in 2019 at 87.8%.

Annual dynamics of product's exports from Malaysia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(87.8%)	(55.1%)	770.9%	(21.8%)

Source: SHEV.io

Over the 2018-2021 period, the United States (32.0% of exports by value), Iran (20.1%), and the Netherlands (19.7%) were the main buyers of Malaysian cashew nuts, together comprising 71.9% of total export value.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Malaysia in value, 2018-2021

Source: SHEV.io

Imports cashew nuts to Malaysia

Imports in kind, t

After a two-year decline, Malaysia's imports of cashew nuts increased. The lowest volume was in 2020 at 2 515 tonnes, with the largest drop that year at 4.2%. In 2021, imports reached 3 635 tonnes, a steep rise of 44.5% compared to 2020. Overall, from 2018 to 2021, imports grew by 37.1%, equivalent to an annualized rate of 11.1%.

Annual dynamics of product's imports to Malaysia in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(1.0%)	(4.2%)	44.5%	11.1%

Source: SHEV.io

From 2018 to 2021, Vietnam (36.6% of imports by volume), India (33.9%), and Myanmar (14.5%) dominated Malaysia's cashew nut imports, together representing 85.1% of total inflows.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Malaysia in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

Following a two-year decrease, Malaysia's cashew nut imports by value rose. The lowest point was in 2020 at 17 485 thousand US dollars, with the largest decline that year at 19.2%. In 2021, imports totaled 25 118 thousand US dollars, a sudden gain of 43.7% from 2020. Over the 2018-2021 period, imports increased by 3.3%, with an average annual growth rate of 1.1%.

Annual dynamics of product's imports to Malaysia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(10.9%)	(19.2%)	43.7%	1.1%

Source: SHEV.io

Between 2018 and 2021, three key markets—India, Vietnam, and Myanmar—together accounted for 84.3% of the total value of cashew nut imports into Malaysia.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Malaysia in value, 2018-2021

Source: SHEV.io