This episode presents a detailed snapshot of the global nuts market as of November 16, 2025.
- From January to August 2025, Azerbaijan's cashew imports surged by 28 percent in volume and 57 percent in value, totaling 282 tons worth $2.3 million. Vietnam dominated supply, contributing 229 tons valued at $1.9 million, while India’s exports to Azerbaijan declined by 44 percent in value. New trade links with Benin and Ghana have emerged, marking a significant shift after 14 years of absence from Azerbaijan’s supplier list.
- Vietnam, a top global cashew kernel exporter, continues to face operational pressures. Despite importing nearly $4 billion worth of raw cashews—much from Cambodia—to manage raw material costs, rising input prices and a shift in processing activity toward Africa threaten efficiency and raise the risk of operational losses and factory closures without strategic adjustments.
- In Ghana, the cashew sector shows strong growth potential, with revenue projections exceeding $660 million annually through enhanced regulation and infrastructure. The Tree Crops Development Authority is working to stabilize prices, increase local processing, and reduce raw exports, currently valued at about $300 million, with an ambition to match regional leaders like Côte d'Ivoire and Nigeria.
- Tanzania is poised for a record cashew harvest of 700,000 tons, up from 528,000 tons the previous year. Over 45 companies will engage in transparent, quality-assured online auctions. Most of Tanzania’s raw cashews are exported for processing in Vietnam and India, forming a vital part of the country's agricultural exports.
- In Iran, Kermanshah province expects a 2025 pistachio yield of around 250 tons. The region is expanding cultivation, focusing on water-efficient varieties such as Akhburi and Ahmad Agay, aligning with sustainability goals and regional development plans.
- Kenya has announced a temporary halt to macadamia trading from December 1, 2025, to February 15, 2026, aiming to protect crop maturity and uphold export quality. Meanwhile, Georgia’s hazelnut sector is under threat from pests and disease, potentially losing up to 30 percent of the crop. Investment in research and pest control is critical to preserving industry viability.
