Forecast: Shelled Cashew Exported to Italy by Nigeria

The export of shelled cashew from Nigeria to Italy is on a steady rise. In 2023, the actual volume stood at 197.8 metric tons. Forecasted figures show an increase, reaching 204.9 metric tons in 2024, and growing annually by approximately 3.7%, 3.4%, 3.2%, and 3.0% respectively, culminating at 233.5 metric tons by 2028.

Future trends to watch for:

  • Monitoring global market prices for cashew nuts which might impact demand.
  • Potential changes in trade policies between Nigeria and Italy affecting the export volume.
  • Developments in Nigeria's agricultural sector to boost productivity and export capacity.
  • Consumer preferences and health trends in Italy as they might increase or decrease demand.

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