What is the price of cashew nuts per kilogram/pound in South Africa today?
The retail price range for South Africa cashew nuts is between US$ 13.85 and US$ 15.83 per kilogram or between US$ 6.28 and US$ 7.18 per pound(lb). Click here to see today's exact prices of cashew nuts in South Africa
The retail price range in Rand for cashew nuts is between ZAR 269.09 and ZAR 307.53 per kilogram or between ZAR 122.04 and ZAR 139.47 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa cashew nuts is between US$ 9.70 and US$ 11.08 per kilogram or between US$ 4.40 and US$ 5.03 per pound(lb).
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South Africa Cashew Nuts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cashew Nuts from South Africa has seen a steady increase over the last five years. In 2017, the price was 5.41 US$ per kg, followed by 5.10 US$ per kg in 2018. In 2019, the price dropped to 4.42 US$ per kg, before increasing again to 5.50 US$ per kg in 2021. The latest data shows that the export price per kilogram of Cashew Nuts from South Africa is 6.17 US$ per kg in 2022. Based on the current trend, it is predicted that the export price per kilogram of Cashew Nuts from South Africa will be 6.50 US$ per kg in 2023 and 6.80 US$ per kg in 2024.The cashew nuts exports from South Africa are categorised as:
- Fresh or dried cashew nuts, shelled (HS code 080132)
- Fresh or dried cashew nuts, in shell (HS code 080131)
South Africa Cashew Nuts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cashew Nuts into South Africa has been quite volatile over the last five years. In 2017, the price was 5.41 US dollars per kg, which was the highest in the last five years. This was followed by a decrease in 2018 to 5.10 US dollars per kg. In 2019, the price dropped further to 4.42 US dollars per kg, which was the lowest in the last five years. However, the price increased again in 2020 to 3.05 US dollars per kg. In 2021, the price rose to 5.50 US dollars per kg and in 2022, it further increased to 6.17 US dollars per kg. Based on this trend, it is predicted that the import price per kilogram of Cashew Nuts into South Africa will be 6.50 US dollars per kg in 2023 and 6.90 US dollars per kg in 2024.Export values for South Africa cashew nuts
The total values in export for cashew nuts in South Africa were US$ 502, US$ 644, US$ 546 and US$ 628 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in South Africa: 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.
South Africa cashew nuts - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa shipped 2,362,592 tonnes of cashew nuts. For 2019 alone, the demand for South Africa cashew nuts (nuts category) has decreased, recording a change of -1.452 percent compared to the year 2018. Between 2017 and 2019, cashew nuts' exports grew by 305.6% earning the country US$0.63m for the year 2019. South Africa's cashew nuts exports are classified as:
- Fresh or dried cashew nuts, shelled (HS code 080132)
- Fresh or dried cashew nuts, in shell (HS code 080131)
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South Africa cashew nuts export values
In 2019, South Africa shipped cashew nuts worth 0.63m USD, an improvement of 15.38% from 2018's total cashew nuts export of 0.546m USD. The yearly growth in value of South Africa cashew nuts between 2017 to 2018 was -15.217 per cent.
The annual change in the quantity of South Africa's cashew nuts exports between 2017 and 2019 was 305.6 pc when compared to a variation of -1.452% in the growth rate between 2018 and 2019.
South Africa's stake of the world's total cashew nuts' exports in 2019 was less than 1%. South Africa is ranked number 10 in world exports of cashew nuts.
Export markets for South Africa cashew nuts ( in '000$ )
South Africa's best performing export markets for cashew nuts are Turkey, the Netherlands, Botswana, Zambia and Namibia.
Import/Export Trends
South Africa is a net importer of cashew nuts. The annual growth of South Africa cashew nuts in value between 2015 to 2019 was 74%, per annum, while annual growth in quantity for the same period was 50%, per annum.
South Africa imported 2,655 tonnes of cashew nuts in 2019.