What is the price of cashew nuts per kilogram/pound in Benin today?
The retail price range for Benin cashew nuts is between US$ 4.86 and US$ 8.75 per kilogram or between US$ 2.20 and US$ 3.97 per pound(lb). Click here to see today's exact prices of cashew nuts in Benin
The retail price range in CFA Franc BCEAO for cashew nuts is between XOF 2,964.33 and XOF 5,335.79 per kilogram or between XOF 1,344.37 and XOF 2,419.86 per pound(lb) in Porto-Novo and Cotonou.
Wholesale prices
In 2025, the approximate wholesale price range for Benin cashew nuts is between US$ 3.40 and US$ 6.13 per kilogram or between US$ 1.54 and US$ 2.78 per pound(lb).
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Benin Cashew Nuts Export Prices - Historical, Trends and Prediction
The export price of Cashew Nuts from Benin has seen a steady increase over the past five years. In 2018, the export price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the export price per kilogram of Cashew Nuts from Benin was $3.05 in 2022. This represents a 24.5% increase in the export price over the past five years. Based on this trend, it is likely that the export price of Cashew Nuts from Benin will continue to increase in the coming years, with an estimated price of $3.20 in 2023 and $3.35 in 2024.The exports of cashew nuts from Benin are categorised as:
- Fresh or dried cashew nuts, shelled (HS code 080132)
- Fresh or dried cashew nuts, in shell (HS code 080131)
Benin Cashew Nuts Import Prices - Historical, Trends and Prediction
The import price of Cashew Nuts into Benin has seen a steady increase over the past five years. In 2018, the import price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.90, and in 2021 it further increased to $3.20. The most recent data shows that in 2022, the import price per kilogram was $3.50. Overall, the import price of Cashew Nuts into Benin has seen a steady increase over the past five years, with the price increasing by over 40% from 2018 to 2022. It is likely that this trend will continue in the coming years, and we can predict that the import price per kilogram for 2023 and 2024 will be around $3.80 and $4.10 respectively.Export values for Benin cashew nuts
The total values in export for cashew nuts in Benin were US$ 38,145, US$ 83,079, US$ 138,460 and US$ 76,232 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Benin: Coconuts, Brazil Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts, Kola Nuts & Areca (Betel) Nut.
See prices of cashew nuts in other countries across Africa: Algeria cashew nuts, Angola cashew nuts, Botswana cashew nuts, Burundi cashew nuts, Cameroon cashew nuts, Cape Verde cashew nuts, Central African Republic cashew nuts, Comoros cashew nuts, DRC Congo cashew nuts & Benin cashew nuts.
Benin cashew nuts - Production, Exports, Imports, Seasons and HS Codes
In 2019 Benin sold 93,521 tonnes of cashew nuts. For 2019 alone, the demand for Benin cashew nuts (nuts category) has reduced, changing by -10.288 pc compared to the year 2018. Between 2017 and 2019, cashew nuts' exports went up by 10.66 pc netting the country US$76.23m for the year 2019. Benin's cashew nuts exports are categorised as:
- Fresh or dried cashew nuts, in shell (HS code 080131)
- Fresh or dried cashew nuts, shelled (HS code 080132)
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Benin cashew nuts export values
In 2019, Benin shipped cashew nuts valued at 76.23m USD, a drop of -44.94% from 2018's total cashew nuts export of 138.46m USD. The annual change in value of Benin cashew nuts between 2017 to 2018 was 66.661 pc.
The per year change in the quantity of Benin's cashew nuts exports between 2017 and 2019 was 10.66% when compared to a variation of -10.288% in the growth rate between 2018 and 2019.
Export markets for Benin cashew nuts ( in '000$ )
Benin's best performing export markets for cashew nuts are United Arab Emirates (UAE), Malaysia, South Africa, the Netherlands and Italy.
Benin imported 2 tonnes of cashew nuts in 2019.
Production
The production of cashew nuts in Benin was 408,604 tonnes in 2019 and is predicted to change by an average of -7.33%. The country had approximately 1,146,408.00 hectares under cashew nuts cultivation.