Market research

In-shell cashew nuts market in Malaysia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The Malaysian in-shell cashew nut market volume demonstrated consistent growth from 16,300 t in 2018 to 16,952 t in 2023. Over this six-year period, the market expanded every year, adding a total of more than 650 t. The annual increases remained relatively stable, with yearly additions ranging from 78 t to 160 t.

Growth was most pronounced in 2020, when market volume rose by 160 t to reach 16,538 t. This was followed by similar incremental rises in the subsequent years, maintaining a steady upward trajectory through 2023 without any major deviations or declines.

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, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Malaysia in kind, 2018-2025, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Malaysia by countries, 2018-2025, kg
    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, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Malaysia in kind, 2018-2025, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Malaysia by countries, 2018-2025, kg
    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, kg
    1. 7.1.2.1. Annual dynamics of product's exports from Malaysia in kind, 2018-2025, kg
    2. 7.1.2.2. Dynamics of product's exports in kind from Malaysia by countries, 2018-2025, kg
    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, kg
    1. 7.2.2.1. Annual dynamics of product's exports from Malaysia in kind, 2018-2025, kg
    2. 7.2.2.2. Dynamics of product's exports in kind from Malaysia by countries, 2018-2025, kg
    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, kg
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  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 in-shell cashew nuts in Malaysia

In kind, 2018-2021, t

From 2018 to 2021, Malaysia maintained the 18th position globally in terms of production volume for in-shell cashew nuts.

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

Source: SHEV.io

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

Source: SHEV.io

In-shell cashew nut production in Malaysia increased for the third consecutive year. In 2021, Malaysia produced 16 692 tonnes of in-shell cashew nuts, reflecting a modest year-over-year advance of 1.0%. Between 2018 and 2021, production grew by 2.5%, which equates to an annualized 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 in-shell cashew nuts from Malaysia

Exports in kind, kg

The market exhibited volatility during the observed period. Exports reached their lowest point in 2020 and peaked in 2018, with a 92-fold difference between these years. In 2021, Malaysia exported 598 kg of in-shell cashew nuts, marking a sharp uptick of 1 656.8% compared to the previous year.

Annual dynamics of product's exports from Malaysia in kind, 2018-2021, kg

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	1 656.8%	(42.3%)

Source: SHEV.io

From 2018 to 2021, Indonesia and Thailand consistently accounted for 97.3% of total exports in kind, indicating a high degree of market concentration, with the remainder spread across a long tail of smaller markets.

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 market showed signs of volatility over the observed period. The span from 2018 to 2020 saw a peak-to-trough amplitude of 70 times. In 2021, in-shell cashew nut exports from Malaysia amounted to 5.3 thousand US dollars, representing a sharp increase of 1 464.3% compared to the previous year.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	1 464.3%	(39.4%)

Source: SHEV.io

From 2018 to 2021, Indonesia absorbed 87.8% of the total export value of in-shell cashew nuts from Malaysia, with the remaining share distributed across a wide range of smaller destinations.

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 in-shell cashew nuts to Malaysia

Imports in kind, kg

The data reveals irregular changes, indicating a volatile market environment. Import volumes hit a low in 2019 and peaked in 2018, with a top-to-bottom ratio of 4.6 times. In 2021, foreign in-shell cashew nut supplies to Malaysia amounted to 6 702 kg, which is 13.4% higher year-over-year. The minimum value was recorded in 2019 at 3 458 kg. The largest decline occurred in 2019, at 78.3%, while the largest increase was recorded in 2020, at 70.9%.

Annual dynamics of product's imports to Malaysia in kind, 2018-2021, kg

Parameter		2019	2020	2021	CAGR
1	Change from last year	(78.3%)	70.9%	13.4%	(25.1%)

Source: SHEV.io

Throughout 2018–2021, Vietnam (46.0% of imports in kind), India (23.5% of imports in kind), and China (18.4% of imports in kind) remained the main sources for in-shell cashew nut imports to Malaysia, jointly accounting for 88.0% of total flows.

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

There were noticeable fluctuations in market performance during the period. Import values dropped to a minimum in 2019 and climbed to their maximum in 2018, a 4.6-fold shift. In 2021, cross-border shipments of in-shell cashew nuts to Malaysia amounted to 42.5 thousand US dollars, constituting a rise of 3.8% compared to the previous year. The minimum value was recorded in 2019 at 30.8 thousand US dollars. The largest decline occurred in 2019, at 78.1%, while the largest increase was recorded in 2020, at 33.1%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(78.1%)	33.1%	3.8%	(32.8%)

Source: SHEV.io

Throughout 2018–2021, Vietnam (45.0% of imports in value terms), India (29.1% of imports in value terms), and China (19.3% of imports in value terms) formed the core of imports in value terms, together accounting for 93.4% of total flows.

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