What is the price of cashew nuts per kilogram/pound in Norway today?
The retail price range for Norway cashew nuts is between US$ 7.20 and US$ 7.36 per kilogram or between US$ 3.27 and US$ 3.34 per pound(lb). Click here to see today's exact prices of cashew nuts in Norway
The retail price range in Norwegian Krone for cashew nuts is between NOK 78.86 and NOK 80.65 per kilogram or between NOK 35.76 and NOK 36.57 per pound(lb) in Oslo and Bergen.
Wholesale prices
In 2024, the approximate wholesale price range for Norway cashew nuts is between US$ 5.04 and US$ 5.16 per kilogram or between US$ 2.29 and US$ 2.34 per pound(lb).
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Norway Cashew Nuts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cashew Nuts from Norway over the last five years has been quite volatile. In 2017, the price was 34.50 US dollars per kg, followed by a sharp drop to 12.50 US dollars per kg in 2018. In 2019, the price rose to 2.23 US dollars per kg, before dropping again to 7.80 US dollars per kg in 2020. The most recent year, 2021, saw the price drop to an all-time low of 1.55 US dollars per kg. Based on this data, it is likely that the export price of Cashew Nuts from Norway will remain low in the next two years, with an estimated price of 0.90 US dollars per kg in 2023 and 0.80 US dollars per kg in 2024.The exports of cashew nuts from Norway are categorised as:
- Fresh or dried cashew nuts, in shell (HS code 080131)
- Fresh or dried cashew nuts, shelled (HS code 080132)
Norway Cashew Nuts Import Prices - Historical, Trends and Prediction
Export values for Norway cashew nuts
The total values in export for cashew nuts in Norway were US$ 529, US$ 44, US$ 138 and US$ 225 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Norway: Coconuts, Brazil Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts, Kola Nuts & Areca (Betel) Nut.
See prices of cashew nuts in other countries across Europe: Georgia cashew nuts, Albania cashew nuts, Belarus cashew nuts, Bosnia and Herzegovina cashew nuts, Bulgaria cashew nuts, Croatia cashew nuts, Czech Republic cashew nuts, Estonia cashew nuts, Greece cashew nuts & Hungary cashew nuts.
Norway cashew nuts - Production, Exports, Imports, Seasons and HS Codes
The amount of cashew nuts exported by Norway in 2020 was 10 metric tonnes. In 2019 Norway shipped 30 tonnes of cashew nuts. Across 2019 alone, the market for Norway cashew nuts (nuts category) has increased, with a change of 66.667 percent compared to the year 2018. Between 2017 and 2019, cashew nuts' exports went up by 650 pc netting the nation US$0.22m for the year 2019. Norway's cashew nuts exports are classified as:
- Fresh or dried cashew nuts, in shell (HS code 080131)
- Fresh or dried cashew nuts, shelled (HS code 080132)
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Norway cashew nuts export values
In 2019, Norway exported cashew nuts worth 0.22m USD, a surge of 59.42% from 2018's total cashew nuts export of 0.138m USD. The annual increase in value of Norway cashew nuts between 2017 to 2018 was 213.636 percent.
The annual/yearly variation in the amount of Norway's cashew nuts exports between 2017 and 2019 was 650% when compared to a variation of 66.667% in the growth rate between 2018 and 2019.
Norway's portion of the world's total cashew nuts' exports in 2019 was less than 1%. Norway holds number 17 in world exports of cashew nuts.
Export markets for Norway cashew nuts ( in '000$ )
Norway's top destinations for cashew nuts are Denmark, Spain, United Kingdom (UK), Sweden and the Netherlands.
Import/Export Trends
Norway is a net exporter of cashew nuts. The annual growth of Norway cashew nuts in value between 2015 to 2019 was 293%, per year, while annual growth in quantity was 363%, per annum.
Norway procured 2,101 tonnes of cashew nuts in 2019.