Cashew prices are climbing sharply across international markets due to tightening global supplies and strong demand from major processing hubs. In Cambodia, cashew nut prices have surged past $1,700 per tonne, driven by supply shortages caused by adverse weather, reduced harvests in key producing regions, and continued demand growth from markets in China, Europe, and Asia — creating a favorable outlook for farmers but persistent price pressure for buyers.
Vietnam, the world’s largest cashew processor, reported significant costs in importing raw cashew nuts amid supply scarcity. In the first 10 months of 2025, Vietnamese companies spent nearly $4 billion on raw cashew imports — with average prices rising about 21% year‑over‑year — as local stock ran thin and export volumes from suppliers like Cambodia grew sharply.
Industry stakeholders in Andhra Pradesh have cited ongoing raw cashew nut shortages, affecting processing units and prompting calls for higher‑yield cashew varieties to improve domestic availability and reduce dependence on imported stock.
Analysts and market reports have pointed to persistent price volatility in cashew markets due to supply chain disruptions, weather impacts in West Africa (a key producing region), and fluctuating demand — conditions that could keep cashew prices elevated into 2025 and beyond.
