1 western india cashew company presented by: hari nair the great indian cashew market

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1 Western India Cashew Company PRESENTED BY: HARI NAIR The Great Indian Cashew Market

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Page 1: 1 Western India Cashew Company PRESENTED BY: HARI NAIR The Great Indian Cashew Market

1

Western India Cashew Company

PRESENTED BY:

HARI NAIR

The Great Indian Cashew Market

Page 2: 1 Western India Cashew Company PRESENTED BY: HARI NAIR The Great Indian Cashew Market

2

The Great Indian Cashew Market

Worlds No 1 Market Worlds No 1 Producer : 680,000 MT of RCN

Worlds No 1 Processor : 1,584,700 MT of RCN

Worlds No 1 Consumer : 232,000 MT of Kernels

• Population of 1.3 billion• Growing income levels

Page 3: 1 Western India Cashew Company PRESENTED BY: HARI NAIR The Great Indian Cashew Market

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The Great Indian Cashew Market

Cashews traditionally used in food – Gravy, Sweets, Ingredients and Snacks

Difficult to estimate usage trends as data scarce.

Demographic Dividend – Fastest growing middle class

Page 4: 1 Western India Cashew Company PRESENTED BY: HARI NAIR The Great Indian Cashew Market

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Consumption of cashews in India

(Quantity in (‘000 M.Ton)

2005 2006 2007 2008

2009

2010

2011

2012 2013 2014

Local (RCN) 573 620 665 690 613 695 650 670 723 680

Import (RCN) 565 571 599 648 727 540 790 833 788 904

Total RCN 1,138 1,191 1,262 1,338

1,340

1,235

1,440

1,503 1,511

1,584

Kernels Import 2 6.1 4.8 1

Total Kernel Production

261 273 291 307 305 283 329 348 349 360

Export 119 117 115 111 106 95 110 100 116 128

Consumption 142 156 176 196

199

188

219

248 233 232

Page 5: 1 Western India Cashew Company PRESENTED BY: HARI NAIR The Great Indian Cashew Market

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Indian Cashew consumption

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

0

50

100

150

200

250

300

142156

176196 199

188

219

248233 232

Cashew

Qu

an

tity

in

‘0

00

M.T

on

Year 2005 to 2014

Page 6: 1 Western India Cashew Company PRESENTED BY: HARI NAIR The Great Indian Cashew Market

6Indian Cashew & Almond

consumption

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

0

50

100

150

200

250

300

142156

176196 199

188

219

248233 232

18 26 33 39 3848 53 56

46

Cashew

Qu

an

tity

in

‘0

00

M.T

on

Year 2005 to 2014

Almonds next biggest nut sold in India