What is the price of cashew nuts per kilogram/pound in Sri Lanka today?
The retail price range for Sri Lanka cashew nuts is between US$ 4.36 and US$ 8.48 per kilogram or between US$ 1.98 and US$ 3.85 per pound(lb). Click here to see today's exact prices of cashew nuts in Sri Lanka
The retail price range in Sri Lanka Rupee for cashew nuts is between LKR 1,342.66 and LKR 2,610.73 per kilogram or between LKR 608.92 and LKR 1,184.00 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2024, the approximate wholesale price range for Sri Lanka cashew nuts is between US$ 3.05 and US$ 5.94 per kilogram or between US$ 1.39 and US$ 2.69 per pound(lb).
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Sri Lanka Cashew Nuts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cashew Nuts from Sri Lanka over the last five years has been quite varied. In 2017, the price was 16.05 US$ per kg, which was the highest in the five year period. This was followed by a decrease in 2018 to 12.68 US$ per kg. In 2019, the price rose again to 13.49 US$ per kg and then to 19.19 US$ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Cashew Nuts from Sri Lanka in 2023 will be around 21.00 US$ per kg and in 2024 it will be around 22.90 US$ per kg.The Sri Lanka 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)
Sri Lanka Cashew Nuts Import Prices - Historical, Trends and Prediction
The import price of Cashew Nuts into Sri Lanka over the last five years has been quite volatile. In 2012, the price per kilogram was 9.14 US dollars, which dropped to 7.47 US dollars in 2013. The price then increased to 8.94 US dollars in 2014, before reaching a peak of 12.32 US dollars in 2015. In 2016, the price dropped slightly to 12.19 US dollars, before increasing to 16.05 US dollars in 2017. The price then decreased to 12.68 US dollars in 2019, before increasing again to 13.49 US dollars in 2020. The most recent data shows that the price per kilogram of Cashew Nuts into Sri Lanka was 19.19 US dollars in 2021. Based on this trend, it is predicted that the price of Cashew Nuts into Sri Lanka in 2023 will be around 21.21 US dollars, and in 2024 it will be around 23.23 US dollars.Export values for Sri Lanka cashew nuts
The total values in export for cashew nuts in Sri Lanka were US$ 768, US$ 947, US$ 2,198 and US$ 2,137 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Sri Lanka: Coconuts, Brazil Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts, Kola Nuts & Areca (Betel) Nut.
See prices of cashew nuts in other countries across Asia: Kazakhstan cashew nuts, Kyrgyzstan cashew nuts, Tajikistan cashew nuts, Turkmenistan cashew nuts, Uzbekistan cashew nuts, China cashew nuts, Hong Kong cashew nuts, Macao cashew nuts, North Korea cashew nuts & Mongolia cashew nuts.
Sri Lanka cashew nuts - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka shipped 1,061 tonnes of cashew nuts. For 2019 alone, the demand for Sri Lanka cashew nuts (nuts category) has gone up, recording a change of 142.792 pc compared to the year 2018. Between 2017 and 2019, cashew nuts' exports increased by 1698.31% earning the country US$2.14m for the year 2019. Sri Lanka's cashew nuts exports are classified as:
- Fresh or dried cashew nuts, in shell (HS code 080131)
- Fresh or dried cashew nuts, shelled (HS code 080132)
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Sri Lanka cashew nuts export values
In 2019, Sri Lanka supplied cashew nuts with a value of 2.14m USD, a contraction of -2.64% from 2018's total cashew nuts export of 2.198m USD. The annual change in value of Sri Lanka cashew nuts between 2017 to 2018 was 132.101%.
The annual variation in the volume of Sri Lanka's cashew nuts exports between 2017 and 2019 was 1698.31% in comparison to a variation of 142.792% in the period between 2018 and 2019.
Export markets for Sri Lanka cashew nuts ( in '000$ )
Sri Lanka's top export markets for cashew nuts are Greece, Malaysia, Australia, United Arab Emirates (UAE) and Singapore.
Sri Lanka ordered 501 tonnes of cashew nuts in 2019.
Production
The production of cashew nuts in Sri Lanka was 70,102 tonnes in 2019 and is forecast to change by an average of -21.68%. The country had approximately 33,516.00 hectares under cashew nuts cultivation.