Forecast: Shelled Cashew Exported to South Korea by Netherlands

Based on the provided forecast data, the Netherlands is expected to see a steady increase in shelled cashew exports to South Korea. The values are projected to grow from 2024 to 2028, starting at 33.0 thousand USD in 2024 and reaching 46.0 thousand USD by 2028. This represents a year-on-year growth rate of 9.1% between 2024 and 2025, and it continues at rates of 11.1%, 7.5%, and 7.0% in subsequent years. The compound annual growth rate (CAGR) over the five-year period is 8.6%.

The baseline value for 2023 is not provided but is crucial for understanding the trend's continuation from the past year into the forecast period.

Future trends to watch for:

  • Potential market shifts in consumer preferences towards healthier snacks may continue to drive demand for cashews.
  • Trade policies and tariffs between the Netherlands and South Korea may impact future export values.
  • Currency fluctuations could affect the profitability of exports.

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