Although cashew output in India increases, the price stays at a high level. Now, cashew price has reached the highest level. The price per pound rises up to USD 5.35-5.50, higher than the highest level of USD 5.

Cashew output in India per year is about 6-7 million ton, and India is a globally leading cashew producing area in the world in recent years. Even the price rises, cashew demand is still strong. Data shows, since 2010, global cashew demand increases 53%. From 2014 to 2019, the market value of the product may rise by growth rate of 5.7%.

In the aspect of destination market, the US and European Union have become the largest cashew consumption areas than Asia.