Forecast: Cashew Nuts Exported to Switzerland by Ghana

In 2023, Ghana's export of cashew nuts to Switzerland stood at $5.0 thousand USD. From 2024 onwards, we observe a consistent upward trend with values forecasted at $6.0 thousand USD in both 2024 and 2025, followed by increases to $7.0 thousand USD in 2026, $8.0 thousand USD in 2027, and $9.0 thousand USD in 2028.

Year-on-year variation indicates a steady growth:

  • 2025: 0% (no growth from 2024)
  • 2026: 16.67%
  • 2027: 14.29%
  • 2028: 12.5%
The Compound Annual Growth Rate (CAGR) over the five-year period reflects an average annual growth rate of approximately 12.94%.

Future trends to watch for include:

  • Fluctuations in global cashew market prices and their impact on export values.
  • Potential changes in Switzerland's trade policies and demand for cashews.
  • Ghana's increasing production capacity and quality improvements in cashew nuts.
These factors could further influence the forecasted trends positively or negatively.

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