The value of shelled cashew exports from Lithuania to Finland in 2023 stood at 8.9 million USD. Forecasted data suggest a steady increase in exports over the coming years:
- 2024: 9.5 million USD (6.7% increase year-on-year)
- 2025: 10.24 million USD (7.8% increase)
- 2026: 10.96 million USD (7% increase)
- 2027: 11.68 million USD (6.6% increase)
- 2028: 12.39 million USD (6.1% increase)
The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is approximately 7.05%, indicating a consistent upward trend in the market.
The future trends to watch for include changes in consumer preferences, potential impacts of economic factors or trade policies, and developments in supply chain efficiencies that could further drive or inhibit the growth of shelled cashew exports to Finland.