Based on the forecasted data from 2024 to 2028, there is a clear declining trend in the volume of shelled cashews exported to Finland by India. The series starts at 19 metric tons in 2024 and steadily decreases to 10 metric tons by 2028. In 2023, the actual volume stood higher before the forecasted decline began.
Year-on-year variation shows a consistent negative trend, with estimates indicating falls of 10.53% from 2024 to 2025, 17.65% from 2025 to 2026, 14.29% from 2026 to 2027, and 16.67% from 2027 to 2028. Over the last five years leading up to 2028, the Compound Annual Growth Rate (CAGR) suggests a significant average annual decrease.
Future trends to watch for include shifts in global cashew supply chains, changes in agricultural practices, trade policies between India and Finland, and consumer demand patterns in Finland, which could either exacerbate or mitigate this downward trend.
