Which countries do you source Raw Cashew Nuts (RCN) from?

We source RCN from a comprehensive global network including East Africa (Tanzania, Mozambique), Indonesia, and a robust West African portfolio covering Benin, Burkina Faso, The Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Nigeria, Senegal, and Togo.

Do you supply RCN to India and Vietnam?

Yes, we are a leading importer and supplier specializing in the strategic supply chain corridor that connects premium African and Indonesian origins to the major processing hubs of India and Vietnam.

What is the typical harvest season for West African cashews?

The West African harvest generally begins in January (Nigeria/Burkina Faso) and extends through October (Guinea-Bissau/Senegal), with peak arrivals and high-volume trade occurring between March and June.

When is the best time to source East African Raw Cashew Nuts?

East African origins like Tanzania and Mozambique typically harvest from September through February, providing a vital counter-seasonal supply that ensures year-round availability for our processing partners.

How do you ensure the quality of RCN at the farm-gate?

Our network maintains a dedicated ground presence at key origins to conduct rigorous quality checks, ensuring the nuts meet international moisture, KOR, and nut-count standards before shipment.

What is KOR (Kernel Outturn Ratio) in the cashew trade?

KOR is the measure of the weight of usable kernels obtained after de-shelling 80kg of raw cashew nuts. We provide certified KOR reports for all our shipments to guarantee yield transparency.

How do you measure Nut Count?

Nut count refers to the number of raw cashew nuts per kilogram. A lower nut count indicates larger nuts, which are generally preferred by premium processors for higher-grade kernel recovery.

What is the maximum moisture content allowed for export?

We strictly ensure our RCN is dried to a moisture level of 8% to 10%. This is critical to prevent spoilage and maintain the integrity of the nut during long-duration sea voyages.

How are the raw cashew nuts packaged for shipment?

RCN is typically packed in high-quality 80kg jute bags. Jute is used because it is a natural, breathable fiber that allows for proper aeration, preventing 'sweating' and mold growth during transit.

Do you provide third-party quality inspections?

Yes, we work with reputable international agencies like RBS for India and Vinocontrol for Vietnam to provide independent, authoritative quality and weight certifications for our shipments.

What are your typical lead times for shipment?

Lead times vary depending on the specific origin and vessel availability, but we typically aim for shipment within 14–21 days of contract finalization.

What payment terms do you accept for RCN trade?

We generally work with standard international trade instruments to ensure security for all parties, including Letters of Credit (L/C) and Documents against Payment (D/P).

Do you manage the end-to-end logistics from Africa to Asia?

Yes, our network handles the entire supply chain, including origin collection, inland logistics, port handling, and sea freight directly to major ports in India or Vietnam.

Which ports in India do you supply to?

We frequently supply to major processing hubs via key Indian ports, including Tuticorin, Vizag, Mangalore, and Mundra.

Which ports in Vietnam do you ship to?

We primarily ship to Ho Chi Minh City (Cat Lai) and other major industrial ports that serve the massive Vietnamese cashew processing infrastructure.

Why are cashew prices volatile?

Prices are influenced by crop size forecasts, weather patterns in West Africa, global demand fluctuations in the snack industry, and shifts in international logistics costs.

Can I get a live harvest update for Nigeria or Benin?

Yes, we provide our partners with real-time 'Current Harvest' updates and market intelligence reports directly through the rawcashewnuts.com portal.

What is the 'New Crop' advantage?

New crop RCN offers the highest KOR and the freshest kernels. Securing stock during the early harvest window is essential for processors who demand premium quality.

How does Indonesian cashew quality compare to African origins?

Indonesian RCN is highly regarded for its excellent KOR and distinct flavor profile, often serving as a premium alternative during the African off-season.

How can I contact Ghosh Products & Resources P Ltd for a quote?

You can reach us via our headquarters in Trivandrum (Kerala, India) or by using the inquiry form on rawcashewnuts.com for a tailored price quotation based on current market rates.

What is the global cashew kernel market outlook for 2026–2027?

The global cashew kernel market is projected to grow at a CAGR of 4–6% through 2031, with 2026 market size estimates ranging between USD 4.66 and 9.65 billion. Demand growth remains strong despite supply volatility.

Why are cashew kernel prices expected to rise in early 2026?

Weather-induced dryness in West Africa has tightened raw cashew nut supply, creating upward pressure on kernel prices during Q1–Q2 2026.

Which countries dominate global cashew kernel trade?

India is the largest consumer market, Vietnam is the leading exporter, and Côte d’Ivoire is the largest raw cashew nut producer globally.

What grade dominates the cashew kernel market?

White whole kernels accounted for approximately 61.8% of the market share in 2025, while scorched pieces are expected to grow fastest due to industrial demand.

Cashew Kernel Market Outlook 2026–2027

India, Vietnam & Global Trade Intelligence Report

The global cashew kernel market is entering the 2026–2027 marketing year amid structural supply tightening, expanding plant-based demand, and shifting processing geography from Asia to Africa.

With projected CAGR growth of 4–6% between 2026 and 2031, and estimated 2026 market valuations ranging between USD 4.66–9.65 billion, the cashew industry remains fundamentally strong despite near-term volatility.

India and Vietnam continue to anchor global cashew kernel trade, while Côte d’Ivoire and Tanzania expand processing capacity in Africa.

Global Cashew Kernel Market Growth (2026–2031)

The global cashew kernel market is driven by:

Plant-based dairy expansion (cashew milk, spreads)
Confectionery and bakery demand
Functional protein snack growth
Private-label retail expansion
Premiumization in North America and Europe

Demand growth continues to outpace supply expansion, particularly in high-grade white whole kernels.

India Cashew Market Outlook (2026–2027)

India remains:

The largest consumer of cashew kernels globally
A major processor of raw cashew nuts (RCN)
A benchmark pricing center for W320 grade

However:

Domestic production areas in India are stagnating
Labor costs remain elevated
Competition from Vietnam processors is intensifying

India’s kernel demand continues to support price stability in global markets.

Vietnam Cashew Kernel Trade Outlook

Vietnam remains:

The world’s leading cashew kernel exporter
Highly mechanized in processing
Aggressive in raw cashew procurement from West Africa

Vietnam’s processing expansion continues to reshape global trade flows and pricing benchmarks.

Vietnam’s export competitiveness remains a major factor influencing international kernel pricing.

Africa: The Emerging Processing Hub

Africa is the fastest-growing production region globally.

Key highlights:

Côte d’Ivoire remains the largest raw cashew nut producer
Tanzania is expanding industrial processing capacity
Ghana targeting 9% acreage expansion in 2026

A structural shift is underway from raw nut exports toward local kernel processing, gradually reducing Asia’s historical dominance.

Grade Market Intelligence

White whole kernels held approximately 61.8% of global share in 2025 and remain the dominant traded grade.

Scorched pieces are expected to grow at approximately 5% CAGR due to:

Industrial demand
Plant-based ingredient manufacturing
Competitive pricing vs premium grades

2026 Price Outlook

Raw Cashew Nut (RCN) Prices

West African RCN pricing for the 2025–2026 season is being established around USD 1/kg in certain markets, creating a firm price floor.

Weather-induced dryness in West Africa is expected to tighten early 2026 supply, potentially pushing RCN prices higher in Q1–Q2.

Cashew Kernel Prices (W320 Benchmark)

W320 kernel prices are expected to remain elevated and relatively stable, with potential spikes during early 2026 if supply tightness persists.

Seasonal price peaks are likely during lean supply periods.

Crop Risk & Climate Impact

Weather variability remains the primary risk factor for 2026–2027.

High Risk:

West Africa (dry spells, rainfall inconsistency)

Moderate Risk:

East Africa

Lower Risk:

Asia-Pacific processing regions

Climate volatility is increasingly influencing yield quality and procurement strategies.

Sustainability & Automation Trends

Global buyers are prioritizing:

Traceable sourcing
ESG compliance
Sustainable agroforestry integration
Carbon-credit linked production systems

Meanwhile, processors are investing in automation to improve yield efficiency and reduce labor dependency.

Competitive Pressure from Other Tree Nuts

Cashews compete directly with:

Almonds
Pistachios
Walnuts

This is driving product innovation, seasoning formats, and premium retail positioning.

Market Conclusion

The 2026–2027 global cashew kernel market will be defined by:

Sustained demand expansion
Geographic shift in processing capacity
Elevated but stable pricing
Increased climate sensitivity
Growing sustainability focus

Long-term fundamentals remain strong despite short-term volatility.

Global Cashew Kernel Intelligence Report 2026–2027