In-shell cashew nuts market in Indonesia

Earlier Report Observations

From 2018 to 2021, production of in-shell cashew nuts in Indonesia increased from 147.6 thousand tons to 166.3 thousand tons. This growth was supported by the focused development of cultivation in marginal dry-climate zones, particularly in Southeast Sulawesi, and the adoption of improved farming technologies adapted to climate change to enhance productivity. By 2020, the planted area had reached 479.7 thousand hectares, directly contributing to higher output volumes.

The domestic market volume fell to 87.5 thousand tons in 2019 as exports surged to over 81 thousand tons, underscoring the industry's strong export orientation. However, the market rebounded to 112.7 thousand tons by 2021, driven by growing consumer awareness and demand for healthy, sustainable foods. Small and medium enterprises innovated with value-added processed cashew products, premium packaging, and sought-after certifications like halal and organic to capture this demand.

Market volume peaked at 120.1 thousand tons in 2022 amid continued consumer interest in cashews as a superfood and ingredient. The subsequent decline to 108.1 thousand tons in 2023 coincided with the initial implementation of new National Food Agency regulations concerning food labeling, safety standards, and oversight, which required market participants to adapt their practices.

Production in-shell cashew nuts in Indonesia

In kind, 2018-2021, K t

Indonesia was one of the world's top producers of in-shell cashew nuts from 2018 to 2021, ranking sixth globally by production volume.

Top producers of in-shell cashew nuts, 2018-2021

World map of production of in-shell cashew nuts, 2018-2021

Indonesia's production of in-shell cashew nuts grew for the third year in a row. In 2021, the country produced 166.3 thousand tonnes, showing minimal change compared to the previous year. Over the period from 2018 to 2021, production increased by 12.7%, which translates to an average annual growth rate of 4.1%.

Annual dynamics of production in Indonesia in kind, 2018-2021, K t

In value, 2018-2021, M $ US

The value of in-shell cashew nuts production in Indonesia fell for the third consecutive year. In 2021, output was valued at 217.1 million US dollars, marking a 1.0% decrease from the year before. From 2018 to 2021, production value dropped by 11.3%, with a compound annual growth rate of -3.9%.

Annual dynamics of production in Indonesia in value, 2018-2021, M $ US

Exports in-shell cashew nuts from Indonesia

Exports in kind, t

Indonesia's exports of in-shell cashew nuts declined for the second year in a row. In 2021, exports totaled 54 182 tonnes, down 30.0% from 2020. Between 2018 and 2021, exports rose by 6.5%, averaging a 2.1% annual increase. The peak was in 2019 at 81 451 tonnes, with the largest year-on-year jump of 60.1% also occurring that year.

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

From 2018 to 2021, Vietnam accounted for 77.3% of Indonesia's total in-shell cashew nuts exports by volume, while the remaining shipments were distributed among various smaller trading partners.

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

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

Exports in value, M $ US

Indonesia's in-shell cashew nuts exports in value terms decreased for the second consecutive year. In 2021, exports were worth 70.7 million US dollars, a sharp 30.9% drop from the previous year. Over the 2018-2021 period, export value fell by 16.2%, with a compound annual growth rate of -5.7%. The highest value was recorded in 2019 at 121.0 million US dollars, when exports surged by 43.5%.

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

Between 2018 and 2021, Vietnam dominated Indonesia's in-shell cashew nuts exports in value, holding a 76.1% share of total flows, with other partners contributing relatively small portions.

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

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

Imports in-shell cashew nuts to Indonesia

Imports in kind, t

The import market for in-shell cashew nuts in Indonesia showed significant volatility during the observed period. Imports hit their lowest point in 2020 at 44 tonnes and peaked in 2019 at 6 465 tonnes, resulting in a 145-fold difference between these years. In 2021, imports reached 44 tonnes, which was 1 171.9% higher than the previous year. The largest decline occurred in 2020, with a 99.3% drop.

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

From 2018 to 2021, Côte d'Ivoire was the primary source for Indonesia's in-shell cashew nuts imports by volume, making up 95.9% of total flows.

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

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

Imports in value, M $ US

Indonesia's in-shell cashew nuts import market experienced notable fluctuations. The value plummeted to its minimum in 2020 at 0.0 million US dollars and soared to a maximum in 2019 at 7.2 million US dollars, creating a 375-fold variation. In 2021, imports totaled 0.6 million US dollars, a staggering 3 096.1% increase from the year before. The steepest decline was in 2020, with a 99.7% fall.

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

During 2018-2021, Côte d'Ivoire nearly monopolized Indonesia's in-shell cashew nuts imports in value terms, capturing 94.8% of total flows.

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

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