In 2023, the import volume of cashew nuts to Finland stood at 1,548.6 thousand kilograms. Historically, this market has shown a notable increase from 823.47 thousand kilograms in 2013 to 1,548.6 thousand kilograms in 2023, with some fluctuations in between. Over the last two years, the year-on-year variation has been positive, with a growth rate of 3.42% in 2022 and 3.24% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years was 5.16%. The forecasted CAGR for the next five years stands at 2.18%, indicating a moderate and steady growth expected through 2028.
Future trends to watch for include potential impacts from global supply chain disruptions, changing consumer preferences, and economic factors influencing demand. Monitoring the balance between supply and demand as well as emerging market opportunities in the organic and fair-trade segments could provide further insights into the market dynamics.
