What is the price of cashew nuts per kilogram/pound in Ghana today?
The retail price range for Ghana cashew nuts is between US$ 4.83 and US$ 7.73 per kilogram or between US$ 2.19 and US$ 3.51 per pound(lb). Click here to see today's exact prices of cashew nuts in Ghana
The retail price range in Ghana Cedi for cashew nuts is between GHS 51.95 and GHS 83.11 per kilogram or between GHS 23.56 and GHS 37.69 per pound(lb) in Accra and Kumasi.
Wholesale prices
In 2024, the approximate wholesale price range for Ghana cashew nuts is between US$ 3.38 and US$ 5.41 per kilogram or between US$ 1.53 and US$ 2.45 per pound(lb).
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Ghana Cashew Nuts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cashew Nuts from Ghana over the last five years has been quite varied. In 2016, the price was 5.28 US $ per kg, followed by a sharp increase to 9.90 US $ per kg in 2015. This was followed by a decrease to 6.30 US $ per kg in 2014 and then a further decrease to 2.08 US $ per kg in 2013. In 2012, the price was 1.35 US $ per kg and in 2011, it was 2.73 US $ per kg. The price in 2010 was 0.41 US $ per kg. In the last two years, the price has been relatively low, with 1.62 US $ per kg in 2018 and 0.76 US $ per kg in 2019. The price in 2020 was 0.00 US $ per kg. Based on this data, it is likely that the export price per kilogram of Cashew Nuts from Ghana will remain relatively low in the next few years, with an estimated price of 0.50 US $ per kg in 2023 and 0.75 US $ per kg in 2024.The exports of cashew nuts from Ghana are categorised as:
- Fresh or dried cashew nuts, in shell (HS code 080131)
- Fresh or dried cashew nuts, shelled (HS code 080132)
Ghana Cashew Nuts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cashew Nuts into Ghana over the last five years has been quite volatile. In 2016, the price was at its highest at $5.28, before dropping to $1.18 in 2017. The price then rose to $1.62 in 2018, before dropping again to $0.76 in 2019. The most recent year, 2020, saw the price drop to $0.00. Looking ahead, it is difficult to predict the exact prices for 2023 and 2024. However, based on the data, it is likely that the prices will remain relatively volatile, with the possibility of further drops in the near future.Export values for Ghana cashew nuts
The total values in export for cashew nuts in Ghana were US$ 987,423, US$ 296,338, US$ 457,701 and US$ 243,149 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Ghana: 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.
Ghana cashew nuts - Production, Exports, Imports, Seasons and HS Codes
In 2019 Ghana shipped 278,966 tonnes of cashew nuts. For 2019 alone, the interest in Ghana cashew nuts (nuts category) has shrunk, flactuating by -0.75033354 per cent compared to the year 2018. Between 2017 and 2019, cashew nuts' exports grew by 25.82% bringing the exporter US$243.15m for the year 2019. Ghana's cashew nuts exports are categorised as:
- Fresh or dried cashew nuts, shelled (HS code 080132)
- Fresh or dried cashew nuts, in shell (HS code 080131)
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Ghana cashew nuts export values
In 2019, Ghana sold cashew nuts costing 243.15m USD, a decrease of -46.88% from 2018's total cashew nuts export of 457.701m USD. The annual change in value of Ghana cashew nuts between 2017 to 2018 was 54.452%.
The annual change in the volume of Ghana's cashew nuts exports between 2017 and 2019 was 25.82 pc in comparison to a variation of -0.75033354% in the period between 2018 and 2019.
Export markets for Ghana cashew nuts ( in '000$ )
Ghana's leading export markets for cashew nuts are India, United Arab Emirates (UAE), Singapore, the Netherlands and US.
Ghana ordered 3 tonnes of cashew nuts in 2019.
Production
The production of cashew nuts in Ghana was 171,924 tonnes in 2019 and is projected to change by an average of -16.16%. The country had an estimated 322,800.00 hectares under cashew nuts cultivation.