Market Size of Netherlands Cashew Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 120.99 Million |
Market Size (2029) | USD 140.24 Million |
CAGR (2024 - 2029) | 3.00 % |
Netherlands Cashew Market Analysis
The Netherlands Cashew Market size is estimated at USD 120.99 million in 2024, and is expected to reach USD 140.24 million by 2029, at a CAGR of 3% during the forecast period (2024-2029).
The Netherlands plays a crucial role in the European cashew market as a major import and processing center, despite not producing cashews domestically. Its significance in the global cashew supply chain is primarily due to its activities in importation, processing, and re-exportation. According to the ITC Trade Map, the Netherlands imported 48.7 million metric tons of cashews in 2023. The country has seen a rising trend in cashew nut consumption, driven by increasing health awareness among consumers. Additionally, cashew nuts are becoming more prevalent as ingredients in spreads and snack bars, particularly in organic products, contribute to overall cashew consumption growth.
The Netherlands, while not a cashew producer, plays a crucial role in cashew processing for the European market. The country's sophisticated food processing sector provides services including cashew shelling, grading, and packaging. Raw cashews imported from African and Asian countries, particularly Vietnam and India, undergo processing in the Netherlands before distribution across Europe. In 2023, the Netherlands imported shelled cashews worth USD 209.3 million from Vietnam, representing approximately 70% of the country's total shelled cashew imports. The Netherlands also functions as a significant re-exporter within Europe, supplying processed cashews to countries such as Germany, Belgium, and France. The country's strategic location and advanced logistics infrastructure, notably the port of Rotterdam, position it as a key player in the global cashew trade.
Netherlands Cashew Industry Segmentation
Cashew nuts are edible kidney-shaped nuts, rich in oil and protein, roasted and shelled before being eaten. The study analyzes the scenario of the cashew nuts market in the Netherlands. The Netherlands cashew market includes production analysis (volume), consumption analysis (value and volume), export analysis (value and volume), import analysis (value and volume), and price trend analysis. The report offers the market size and forecasts in terms of volume in metric tons and value in USD thousand for all the above segments.
Netherlands Cashew Market Size Summary
The Netherlands cashew market is experiencing a steady growth trajectory, driven by increasing health consciousness among consumers and a rising preference for plant-based diets. This trend has led to a surge in the use of cashew nuts as ingredients in various food products, such as spreads, snack bars, and nut-infused foods, catering to the growing vegan and vegetarian populations. The country's reliance on imports, due to its unsuitable climate for domestic cashew cultivation, positions it as a significant player in the European cashew trade. The Netherlands not only imports a substantial volume of cashew nuts but also re-exports a significant portion, making it a crucial hub for cashew distribution across Europe.
The Dutch market's demand for cashew nuts is further bolstered by their application in the end-user food and beverage industry, where they are increasingly used in products like cookies, ice cream toppings, and nut spreads. The preference for roasted and salted cashew nuts, along with the growing popularity of unsalted varieties, reflects a broader trend towards healthy snacking options. The Netherlands' strategic position as a major importer and re-exporter of cashew nuts, coupled with favorable exchange rates and stable domestic prices, continues to attract interest from both packers and consumers, reinforcing its status as a key market in the European region.
Netherlands Cashew Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Emerging Export Demand
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1.2.2 Expanding Retail Market for Cashew Products
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1.2.3 Increasing Health Consiousness
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1.3 Market Restraints
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1.3.1 Increasing Competition due to High Import Dependency
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1.3.2 Highly Volatile Cashew Prices
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1.4 Value Chain / Supply Chain Analysis
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2. MARKET SEGMENTATION
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2.1 Production Analysis
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2.2 Consumption Analysis (Volume and Value)
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2.3 Import Market Analysis (Volume and Value)
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2.4 Export Market Analysis (Volume and Value)
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2.5 Price Trend Analysis
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Netherlands Cashew Market Size FAQs
How big is the Netherlands Cashew Market?
The Netherlands Cashew Market size is expected to reach USD 120.99 million in 2024 and grow at a CAGR of 3% to reach USD 140.24 million by 2029.
What is the current Netherlands Cashew Market size?
In 2024, the Netherlands Cashew Market size is expected to reach USD 120.99 million.