📊 Global Cashew Market Overview
Amidst evolving trade landscapes and shifting consumer preferences, the global cashew market is witnessing significant changes. Indian cashew exports have seen an 8% increase in the first quarter of 2025, driven by strong demand from the European Union. Despite Vietnam's dominance due to competitive pricing, Indian cashews are gaining a value edge thanks to superior quality, appealing to markets that prioritize premium-grade products.
📈 Market Trends and Prices
📉 Key Market Drivers
- US tariff policy changes are expected to disrupt Vietnamese dominance in the US market, potentially benefiting Indian exporters.
- EU's strong demand for premium-grade cashews supports higher value exports from India despite higher prices.
⛅ Weather Forecast and Impact
Current weather conditions in major cashew producing areas in India and Vietnam are favorable, with no significant disruptions expected in the coming days. This stability is likely to support ongoing harvesting activities without major yield losses.
🔮 Price Forecast
Over the next three days, cashew prices are expected to remain stable in Vietnam while potentially seeing slight increases in India due to the premium quality demand.