For the Quarter Ending March 2026
Cashew Prices in North America
- In United States, the Cashew Price Index rose quarter-over-quarter in Q1 2026, driven by surging feedstock costs.
- The Cashew Production Cost Trend increased in March 2026 as producer prices rose by 4.0 percent.
- Consumer prices increased 3.3 percent in March 2026, elevating freight expenses for imported cashew shell liquid.
- The Manufacturing Index expanded in March 2026, supporting a robust Cashew Demand Outlook for industrial applications.
- Retail sales grew 4.0 percent in March 2026, strengthening automotive friction materials demand during Q1 2026.
- Industrial production grew 0.7 percent in March 2026, sustaining steady consumption of cashew-based epoxy resins.
- United States import demand for shelled cashew nuts strengthened significantly during February 2026 from key suppliers.
- Premium-grade raw cashew inventories remained constrained in March 2026, driving an upward Cashew Price Forecast.
- Industrial demand for cashew liquid in marine biofuel applications solidified following successful trials in January 2026.
Why did the price of Cashew change in March 2026 in North America?
- Raw cashew nut feedstock costs surged in March 2026 due to constrained global availability.
- Producer prices increased 4.0 percent in March 2026, reflecting elevated processing and energy expenses.
- Asian processor inventories of raw cashew feedstock tightened significantly throughout the month of March 2026.
Cashew Prices in APAC
- In China, the Cashew Price Index rose quarter-over-quarter in Q1 2026, driven by tightening raw material supplies.
- The Cashew Demand Outlook strengthened as industrial production grew by 5.7% year-over-year in March 2026.
- The Cashew Production Cost Trend increased alongside a 0.5% year-over-year rise in producer prices in March 2026.
- Consumer prices rose 1.0% while retail sales grew a sluggish 1.7% year-over-year in March 2026.
- An elevated 5.4% unemployment rate in March 2026 and a 91.6 consumer confidence index in February 2026 restricted household spending.
- The Manufacturing Index expanded in March 2026, boosting bio-based hardener adoption in industrial coatings during Q1 2026.
- Raw cashew imports from West Africa surged in February 2026, solidifying China's market position in Q1 2026.
- The Cashew Price Forecast remained elevated as renewable fuel co-processing project approvals accelerated in February 2026.
Why did the price of Cashew change in March 2026 in APAC?
- Logistics and shipping costs for raw materials surged due to geopolitical disruptions in March 2026.
- Raw material supply tightened significantly due to strict origin-country export restrictions implemented in March 2026.
- Cashew nut shell liquid adoption in marine biofuel blends faced operational headwinds in March 2026.
Cashew Prices in Europe
- In Germany, the Cashew Price Index rose quarter-over-quarter in Q1 2026, driven by surging feedstock costs.
- Higher inflation at 2.7% in March 2026 and surging energy costs spiked Cashew production expenses.
- Despite a -0.2% producer price decline in March 2026, Cashew production cost trends increased amid shortages.
- An expanding manufacturing index in March 2026 supported Cashew demand outlook for industrial components and friction materials.
- Stagnant industrial production at 0.0% in February 2026 aligned with stabilized automotive and construction demand during Q1 2026.
- Modest retail sales growth of 0.7% and 4.2% unemployment in February 2026 sustained baseline Cashew demand.
- Deeply negative consumer confidence at -24.7 in March 2026 caused cautious inventory strategies and selective purchasing behaviors.
- Middle East logistical disruptions severely impacted freight movements, tightening Cashew supply conditions across Europe throughout Q1 2026.
Why did the price of Cashew change in March 2026 in Europe?
- Raw cashew nut feedstock costs surged due to tight availability and export taxes in January 2026.
- Upstream chemical and freight expenses spiked following geopolitical disruptions in the Middle East in March 2026.
- Global raw cashew inventories remained severely depleted at major processing hubs during March 2026.
For the Quarter Ending December 2025
Cashew Prices in North America
- In United States, the Cashew Price Index rose quarter-over-quarter in Q4 2025, driven by increasing production costs.
- Cashew production costs increased, influenced by a 2.7% CPI rise in December 2025 and 3.0% PPI increase in November 2025.
- Cashew demand remained robust, supported by 3.3% retail sales growth in November 2025, boosting consumption.
- Industrial production grew 2.0% in December 2025, positively impacting demand for industrial cashew by-products.
- A 4.4% unemployment rate in December 2025 indicated strong consumer purchasing power for cashews.
- Consumer confidence was 89.1 in December 2025, but showed a declining trend.
- Energy costs for Cashew processing saw some relief as U.S. crude oil prices declined during Q4 2025.
- Manufacturing output rose in December 2025, yet declined annually in Q4 2025, affecting industrial applications.
Why did the price of Cashew change in December 2025 in North America?
- Rising operational costs, evidenced by a 2.7% CPI increase in December 2025, pressured Cashew prices upward.
- Higher input costs for processors, with PPI rising 3.0% in November 2025, contributed to price increases.
- Robust consumer demand, supported by 3.3% retail sales growth in November 2025, also influenced Cashew prices.
Cashew Prices in APAC
- In China, the Cashew Price Index rose quarter-over-quarter in Q4 2025, driven by increased production costs and robust demand.
- Cashew production costs strengthened in October 2025 due to tightened raw nut availability and higher processing expenses.
- Festival-season demand and early Chinese New Year stocking bolstered the Cashew Demand Outlook in Q4 CY2025.
- China's Manufacturing Index expanded in December 2025, indicating economic growth and supporting consumer purchasing power.
- Global cashew market inventories remained tight in October 2025, contributing to upward pressure on prices.
- China's cashew imports rose rapidly in Q4 CY2025, reflecting strong domestic demand ahead of the Chinese New Year.
- Consumer prices increased by 0.8% and industrial production grew by 5.2% in December 2025, supporting economic stability.
- Producer prices declined by 1.9% in December 2025, while consumer confidence was pessimistic in November 2025.
Why did the price of Cashew change in December 2025 in APAC?
- Raw cashew nut availability tightened in October 2025, increasing offers from processors.
- Festival-season demand and early Chinese New Year stocking bolstered cashew consumption in Q4 CY2025.
- Freight rates inched up in October 2025, contributing to higher landed costs for cashews.
Cashew Prices in Europe
- In Germany, the Cashew Price Index fell quarter-over-quarter in Q4 2025, influenced by contracting manufacturing activity in December 2025.
- Cashew production costs declined in December 2025, as the Producer Price Index (PPI) decreased by 2.5% year-on-year.
- The Cashew demand outlook remained subdued in Q4 2025 due to low consumer confidence at -17.5 in December 2025.
- Industrial demand for Cashew derivatives showed modest growth of 0.8% year-on-year in October 2025.
- Retail sales rose 1.1% year-on-year in November 2025, supporting consumer spending on Cashew products.
- The Cashew Price Index faced downward pressure from a contracting Manufacturing Index in December 2025.
- Stable inflation, with CPI at 1.8% year-on-year in December 2025, offered some support to consumer purchasing power.
- The Cashew price forecast suggests continued stability with potential for slight declines given mixed economic signals in Q4 2025.
Why did the price of Cashew change in December 2025 in Europe?
- Producer Price Index declined by 2.5% year-on-year in December 2025, indicating lower input costs for Cashew processors.
- Consumer confidence remained low at -17.5 in December 2025, dampening overall consumer demand for Cashew products.
- Manufacturing activity contracted in December 2025, reducing industrial demand for Cashew Nut Shell Liquid derivatives.
For the Quarter Ending September 2025
Cashew Prices in North America
- In the United States, the Cashew Price Index rose quarter-over-quarter in Q3 2025, driven by robust retail sales and rising input costs.
- Cashew production costs increased, influenced by a 2.6 percent Producer Price Index rise in August 2025.
- Demand for cashews was supported by a 5.42 percent year-over-year retail sales increase in September 2025.
- The 3.0 percent Consumer Price Index increase in September 2025 indicated inflation, impacting cashew retail prices.
- A stable unemployment rate of 4.3 percent in September 2025 supported consumer purchasing power for food items.
- Declining consumer confidence to 94.2 in September 2025 suggested reduced discretionary spending on premium foods.
- Sluggish industrial production, up 0.1 percent in September 2025, indirectly affected overall consumer income.
- Input and raw material costs generally increased in Q3 2025, adding to cashew production cost pressures.
Why did the price of Cashew change in September 2025 in North America?
- Rising input costs, pressured cashew prices upward.
- Robust consumer spending, retail sales up 5.42 percent in September 2025, supported strong cashew demand.
- Ongoing inflation, CPI up 3.0 percent in September 2025, contributed to higher retail cashew prices.
Cashew Prices in APAC
- In China, the Cashew Price Index remained stable to slightly fell quarter-over-quarter in Q3 2025, influenced by deflationary pressures in September.
- Cashew demand outlook was mixed; retail sales grew 3.0% in September 2025, supporting edible nuts consumption.
- However, consumer confidence at 89.6 in September 2025 remained pessimistic, dampening discretionary spending on premium snacks.
- Industrial production expanded 6.5% in September 2025, providing bullish support for Cashew Nutshell Liquid (CNSL) derivatives.
- The Manufacturing Index contracted in September 2025, indicating reduced industrial demand for raw materials like CNSL derivatives.
- Cashew production costs faced upward pressure from strengthened input cost inflation for broader manufacturing in September 2025.
- Global raw cashew nut production experienced a slight contraction for the 2025/26 season, impacting feedstock availability.
- China's total trade volumes increased in September 2025, with strengthening exports and imports, affecting overall market flows.
Why did the price of Cashew change in September 2025 in APAC?
- Deflationary pressures, with CPI at -0.3% in September 2025, impacted demand.
- Manufacturing Index contracted in September 2025, reducing industrial demand for CNSL derivatives.
- Pessimistic consumer confidence at 89.6 in September 2025 dampened spending on edible cashews.
Cashew Prices in Europe
- In Germany, the Cashew Price Index remained stable quarter-over-quarter in Q3 2025, influenced by mixed macroeconomic signals.
- Cashew production costs faced pressure from elevated operating expenses in Q3 2025.
- Demand for Cashew Nut Shell Liquid (CNSL) increased across automotive, construction, and electronics sectors during Q3 2025.
- Industrial production declined by 1.0% year-over-year in September 2025, impacting overall industrial cashew demand.
- The Manufacturing Index contracted in Q3 2025, signaling reduced industrial output and raw material consumption.
- Consumer purchasing power was reduced by a 2.4% year-over-year CPI increase in September 2025, affecting direct cashew consumption.
- Raw input availability for broken-grade cashews tightened in African and Asian sources during Q3 2025.
- Retail sales showed modest 0.2% year-over-year growth in September 2025, indicating stable consumer spending on food items.
Why did the price of Cashew change in September 2025 in Europe?
- Consumer purchasing power was reduced by a 2.4% CPI increase in September 2025, dampening discretionary demand.
- Lower producer prices, down 1.7% in September 2025, offered some relief to cashew processing costs.
- Industrial production declined by 1.0% in September 2025, reducing demand from food processing industries.
