The forecast for U.S. cashew nut imports indicates a steady growth from $1.865 billion in 2024 to $2.0884 billion by 2028. In 2023, the import value was lower, reflecting the growth projection for the upcoming years. The year-on-year growth from 2024 to 2025 is around 3.08%, indicating a consistent upward trend. Over the five years from 2024 to 2028, the compound annual growth rate (CAGR) is expected to be approximately 2.87%.
Future trends to monitor include shifts in global cashew production, changes in trade policies affecting imports, consumer demand for cashew products, and potential supply chain disruptions. These factors could influence the volume and value of imports beyond current projections.
