The Great Indian Cashew Market

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Presentation transcript:

The Great Indian Cashew Market PRESENTED BY: HARI NAIR Western India Cashew Company

The Great Indian Cashew Market Worlds No 1 Market Worlds No 1 Producer : 680,000 MT of RCN Worlds No 1 Processor : 1,584,700 MT of RCN Worlds No 1 Consumer : 232,000 MT of Kernels Population of 1.3 billion Growing income levels

The Great Indian Cashew Market Cashews traditionally used in food – Gravy, Sweets, Ingredients and Snacks Difficult to estimate usage trends as data scarce. Demographic Dividend – Fastest growing middle class

Consumption of cashews in India (Quantity in (‘000 M.Ton) 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Local (RCN) 573 620 665 690 613 695 650 670 723 680 Import (RCN) 565 571 599 648 727 540 790 833 788 904 Total RCN 1,138 1,191 1,262 1,338 1,340 1,235 1,440 1,503 1,511 1,584 Kernels Import 2 6.1 4.8 1 Total Kernel Production 261 273 291 307 305 283 329 348 349 360 Export 119 117 115 111 106 95 110 100 116 128 Consumption 142 156 176 196 199 188 219 248 233 232

Indian Cashew consumption Year 2005 to 2014

Indian Cashew & Almond consumption Almonds next biggest nut sold in India

Thank you Hari Nair hari@wenders.com www.wenders.com