Cashew nuts are seeds from the cashew tree which are valued in the culinary world and highly recommended by nutritionists. They are ranked among luxurious nuts due to their expensive prices compared to other nuts such as peanuts.
Cashew nuts are ranked among the healthiest nuts to eat due to their high content in vitamins and minerals. They contain minerals such as iron, copper and potassium. They are also rich in vitamins B, E and K which are important for several body processes.
Cashew nuts are recommended by nutritionists for people who want to lose weight. They should be taken in controlled amounts so as to be beneficial to the consumer. They are good for formation of hemoglobin since they contain iron and copper which are essential for this formation.
Cashew Price in Italy
In 2022, cashew imports into Italy were worth approximately 76 million US Dollars. This was a decrease from the previous year. However, it is yet another record high volume.
The sharpest climb was from 2013 to 2014 when the import value rose from approximately 30 million US Dollars to approximately 43 million US Dollars. This was an increase of over 40%.
Here are the total values in import of cashews from Italy between 2013 and 2022.
Cashew Nuts Price per kg in Italy
The price of a kilo of cashew nuts in Italy varies between 6 Euros (6 USD) and 9 Euros (10 USD). This is based on the average import price per kg. The wholesale price can go as high as 15 Euros (16 USD).
Cashew nuts are available throughout the year since they are mainly imported from cashew producing countries. You can purchase cashews from local supermarkets and grocery stores depending on the size you want. They are available in bulk and even in small amounts.
Cashews Italy
Italy boasts of having a rich culinary tradition, from pasta and sweet sauces to delicious pizzas the country has a lot to offer to the world. Cashew nuts are an essential ingredient in most of the sauces which are created. They are mostly used in pesto sauces which traditionally used pine nuts but unstable supply has led to increased use of cashews.
Cashew nuts are also used in baking to create products such as cashew cookies and cakes. They are used in confectionery industries to make products such as sweets. They are also eaten as snacks and are added to desserts to add crunch and flavor.
Cashew Nuts Italy
The price of cashews in Italy varies based on different factors. These factors may include:
- Supply and demand: The difference between availability of cashew nuts and the demand highly affects the price. An increase in supply over demand causes a decrease in prices while if demand is higher the prices increase.
- Production costs: High production costs lead to a higher price for the final product.
- Market Competition: Sellers may lower prices to attract more customers which is beneficial to the consumers but may cause losses to the sellers.
- Global market conditions: Factors such as global production trends, international trade policies and changes in exchange rates can impact the price of cashews.
Cashew nut prices also vary depending on the type of cashew nuts purchased. Whole cashews are the most expensive cashews. They have no damages to their kernel during processing hence are packaged in their natural shape. They are suitable to be consumed as snacks. Broken cashews are cheaper than whole cashews since they are damaged during either processing or packaging. They are suitable to use as ingredients during cooking and baking.
Final Note
The trend of cashew nut consumption is set to increase as more people become aware of their health benefits. This is good news for stakeholders within the sector.