The cashew tree is also scientifically known as Anacardium Occidentale and is found in tropical regions with warm climates and sandy soils. The cashew tree unknown to many, has more use than just bearing cashew nuts.
The cashew tree bears cashew apples that is the holder of the nut. Although it is mostly discarded, the cashew apple is used in making alcoholic drinks, juices, and jams. The cashew tree leaves are used as traditional medicine as a treatment for diabetes and minor skin problems.
The cashew nut is the main seed of the cashew tree and the main focus of the whole tree. The nuts are covered in hard shells and hang from the outside of the cashew apple. The hard cashew is also important, the liquid inside the cashew shell is used in making paints and varnishes.
The cashew tree is one of the wonder trees of nature with its fruits a blessing to our health and well-being. The cashew nuts are a rich source of vitamins, proteins, minerals, and healthy fats. The tree itself has a deep root system that helps prevent soil erosion.
Cashew production and importing are equally important as they provide opportunities for farmers and jobs for people to earn a living. It also promotes economic growth and revenue generation for countries while conserving the environment.
Cashew Prices in Singapore
In 2022, cashew imports into Singapore were worth approximately 16 million US Dollars. Although this was a slight decrease from the previous year, it was another high-value record.
The sharpest climb was from 2013 to 2014 when the import value rose from about 20 million US Dollars to over 27 million US Dollars.
Here are the total values in import of cashews in Singapore between 2013 and 2022.
Cashew Nut Price Per kg in Singapore
The price of one kilogram of raw cashew nuts in Singapore costs between SGD 13.73 and SGD 25.55 ($ 10.21 and $ 19.00) on the retail market. The wholesale price rates between $7.15 and $ 13.30 per kilogram.
You can buy raw cashew nuts from organic shops or food stores. Most stores offer different varieties of cashews to meet the different preferences and needs of consumers.
Cashew kernels and other ready-to-eat cashews like salted or spiced cashews can be found in supermarkets, and grocery store ready-to-eat stores. Whether you want cashews in bulk or small packets, you can get your package at any local store of your choice or opt for online stores that offer a wide range of cashews and their products.
Cashews Singapore
Singapore imports all forms of cashew nuts including raw cashew nuts, cashew kernels, cashew products, and crushed or broken cashews.
The market value of cashew nuts has grown over the years, playing a pivotal role in the cashew industry.
With cashew nuts growing in demand and mushrooming uses in cuisines and the food industry, the market is projected to expand and be more competitive in the coming years.
Of the many cashew products spreading in the market, cashew milk is becoming a popular cashew product on demand. Cashew milk offers a rich source of vitamins and healthy fats that are very valuable in heart health and well-being.
Cashew Nuts Singapore
The cashew market in Singapore has experienced significant growth in the last 5 years due to consumer demand.
The market has a variety of high-quality cashews and cashew products giving consumers several options that match their preferences.
With increasing eating and healthy living trends, the market is expected to expand and cashews are likely to continue being a valued commodity.
If you have never had pr tasted cashew nuts in any form whatsoever, this is your cue to go buy yourself a packet and enjoy the yummy delicacies before they become gold.