If you’ve ever eaten cashew nuts, you know that you can never have enough of them. This has made nuts a popular food with numerous health benefits, as well as the most traded of all nuts.
The reason why cashew nuts are more widely traded than cashew apples is that they are more durable and have a longer shelf life than the fruit.
Cashew apples are extremely delicate and prone to bruise, making them difficult to transport and preserve for long periods.
Cashew nuts, on the other hand, have a hard outer shell that protects them and extends their shelf life, making them ideal for international trade and distribution.
Thailand Cashew Nuts
Thailand’s warm temperature and fertile soil make it ideal for growing these delicious and nutritious nuts.
However, despite its favorable climate and soil, Thailand has faced and overcome challenges in growing cashews. Pests and illnesses are one of the most serious problems facing Thailand’s cashew nut sector.
Cashew trees are vulnerable to a variety of pests and diseases. These pests and illnesses can affect yields and quality and are difficult to control.
Climate change is another issue that cashew nuts have had to deal with. Cashew trees are extremely sensitive to temperature and rainfall variations. Thailand, like many other cashew-producing countries, has experienced weather changes, which can affect cashew tree growth and productivity.
Despite the challenges, Thailand’s cashew nut business has overcome them to become one of the greatest cashew nut farmers in the world through innovation, and a commitment to quality and sustainability.
Cashew Nuts Price in Thailand
In 2022, Thailand’s cashew nut exports were valued at just above 14 million US Dollars. This was a slight increase over the previous year’s figure.
The sharpest climb was between 2016 and 2017 when the export value increased from over 14 million US dollars to 23 million US dollars.
Here are the total values in the export of cashew nuts from Thailand between 2013 and 2022.
Price of Cashew Nuts per kg in Thailand
A kilogram of raw cashew nuts in Thailand costs about THB 50.62 per kilogram on average at the farm (or BRL8 per kilogram).
There are two main types of cashew nuts: raw cashew nuts and roasted cashew nuts. Raw cashew nuts are cheaper than roasted cashew nuts.
The quality of cashew nuts also affects the price. Larger, whiter cashew nuts that are with a higher moisture content and are more expensive.
Roasted cashew nuts of medium quality typically cost THB 300 (USD 9) per kg. High-quality cashew nuts can cost up to THB 500 (USD 15) per kg.
Premium grades of salted or flavored cashews, for example, might cost 300 to 600 Thai Baht per kilogram (about $10 to USD 20) or more.
These high-end cashews are always targeted at the domestic and foreign snack markets, where consumers are willing to pay a premium for higher taste and quality.
Cashew nuts can be purchased at a variety of places in Thailand, including supermarkets, markets, and shops.
Thailand Cashew Price
The best way to get the best price for cashew nuts in Thailand is by shopping around and comparing prices from different retailers. It is also important to buy cashew nuts in bulk to get a lower price per kg.
Cashew nut prices are also by worldwide market trends, production costs, and other factors such as processing, packaging, and transportation.
Market conditions and currency exchange rate shifts also impact the price of cashew nuts in Thailand. It is common for prices to vary throughout the year due to seasonal factors and supply and demand dynamics.
Despite all the challenges the cashew nut industry in Thailand has, the future of cashew nuts in Thailand looks bright.