In 2023, the value of shelled cashews exported to Finland by Sweden stood at 1.01 million US dollars. From 2024 onwards, forecasts indicate steady growth: 1.11 million in 2024, 1.21 million in 2025, 1.31 million in 2026, 1.41 million in 2027, and 1.5 million in 2028. Year-on-year percentage variations demonstrate a consistent upward trajectory of approximately 9-10% annually. The five-year compound annual growth rate (CAGR) from 2024 to 2028 is projected to be 8.18%, showcasing a robust and sustained increase in export value.
Future trends to watch for include:
• Changes in consumer demand for cashew products in Finland.• Possible impacts of trade policies or tariffs between Sweden and Finland.• Fluctuations in global cashew prices affecting export dynamics.• Shifts in competitive landscape and sourcing alternatives for cashews in Europe.
