The import of cashew nuts to Denmark has shown a consistent upward trend from 2013 to 2023, reaching 1.5688 million kilograms in 2023. The year-on-year variation has seen notable fluctuations, but the overall trajectory remains positive. Over the last two years, the year-on-year variations are 4.22% for 2022 and 3.96% for 2023. The compound annual growth rate (CAGR) over the last five years stands at 5.07%.
Forecasts from 2024 to 2028 predict continued growth, albeit at a slightly slower pace with a forecasted 5-year CAGR of 2.6%. The total growth rate for the next five years is expected to be 13.7%, reaching 1.8504 million kilograms by 2028.
Future trends to watch for include changes in global cashew production, potential trade policy shifts, and evolving consumer preferences towards healthier snacks, which could all impact import volumes and growth rates.
