Opportunities and challenges of the European cashew kernel market.

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Presentation transcript:

Opportunities and challenges of the European cashew kernel market

The Cashew Nut Main growing regions: India, Brazil, Vietnam, Eastern Africa (Mozambique & Tanzania) and Western Africa (Guinea Bissau, Benin, Ghana, Togo, Ivoorkust, Nigeria)

World Nuts & Dried Fruits Map

Cashews in Europe Cheapest treenut Stable prices – triggering interest of packers and consumers 3-4% growth in demand in Europe Southern Europe limited growth – economic impact Significant increase in demand in Germany Exchange rate

Consumption

Usd-Euro exchange rate

Current: Euro 2,19 per bag New: Euro 2,52 per bag Difference: 14-15%