What is the price of cashew nuts per kilogram/pound in Kenya today?
The retail price range for Kenya cashew nuts is between US$ 7.31 and US$ 8.23 per kilogram or between US$ 3.32 and US$ 3.73 per pound(lb). Click here to see today's exact prices of cashew nuts in Kenya
The retail price range in Kenyan Shilling for cashew nuts is between KES 1,015.62 and KES 1,142.57 per kilogram or between KES 460.60 and KES 518.17 per pound(lb) in Nairobi and Mombasa.
Wholesale prices
In 2024, the approximate wholesale price range for Kenya cashew nuts is between US$ 5.12 and US$ 5.76 per kilogram or between US$ 2.32 and US$ 2.61 per pound(lb).
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Kenya Cashew Nuts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cashew Nuts from Kenya over the last five years has been quite volatile. In 2017, the price was 7.49 US$ per kg, which was the highest in the period. In 2018, the price increased to 8.46 US$ per kg, but then decreased to 7.52 US$ per kg in 2019. In 2020, the price dropped to 5.75 US$ per kg, and then further decreased to 5.67 US$ per kg in 2021. It is difficult to predict the prices for 2023 and 2024, but it is likely that the prices will remain relatively stable.The cashew nuts exports from Kenya are classified as:
- Fresh or dried cashew nuts, shelled (HS code 080132)
- Fresh or dried cashew nuts, in shell (HS code 080131)
Kenya Cashew Nuts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cashew Nuts into Kenya over the last five years has been quite volatile. In 2017, the price was 7.49 US$ per kg, which was the highest in the last five years. This was followed by a slight decrease in 2018 to 8.46 US$ per kg. In 2019, the price dropped to 7.52 US$ per kg, and then further decreased to 5.75 US$ per kg in 2020. The price has been relatively stable in 2021, with a slight decrease to 5.67 US$ per kg. Based on this trend, it is likely that the import price per kilogram of Cashew Nuts into Kenya in 2023 will be around 5.50 US$ per kg, and in 2024 it will be around 5.30 US$ per kg.Export values for Kenya cashew nuts
The total values in export for cashew nuts in Kenya were US$ 4,301, US$ 4,068, US$ 905 and US$ 1,406 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Kenya: 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.
Kenya cashew nuts - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kenya sold 187 tonnes of cashew nuts. Through 2019 alone, the demand for Kenya cashew nuts (nuts category) has gone up, with a change of 74.766 percent compared to the year 2018. Between 2017 and 2019, cashew nuts' exports decreased by -65.56% bringing the country US$1.41m for the year 2019. Kenya's cashew nuts exports are categorised as:
- Fresh or dried cashew nuts, in shell (HS code 080131)
- Fresh or dried cashew nuts, shelled (HS code 080132)
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Kenya cashew nuts export values
In 2019, Kenya sold cashew nuts worth 1.41m USD, an improvement of 55.80% from 2018's total cashew nuts export of 0.905m USD. The annual increase in value of Kenya cashew nuts between 2017 to 2018 was -77.753 per cent.
The annual variation in the amount of Kenya's cashew nuts exports between 2017 and 2019 was -65.56 per cent in comparison to a variation of 74.766% in the period between 2018 and 2019.
Kenya's stake of the world's total cashew nuts' exports in 2019 was less than 1%. The country is ranked position 40 in world exports of cashew nuts.
Export markets for Kenya cashew nuts ( in '000$ )
Kenya's leading export markets for cashew nuts are US, Canada, Japan, the Netherlands and Turkey.
Import/Export Trends
Kenya is a net importer of cashew nuts. The annual growth of Kenya cashew nuts in value between 2015 to 2019 was -11%, per annum, while annual growth in quantity through the same period was 1%, per annum.
Kenya purchased 52 tonnes of cashew nuts in 2019.
Production
The production of cashew nuts in Kenya was 25,604 tonnes in 2019 and is predicted to change by an average of -7.58%. The country had an estimated 45,372.00 hectares under cashew nuts cultivation.