Cashew Nuts Prices in Nigeria
| Variety | Market level | Price (US$/kg) | Local (NGN) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| — | Farmgate | 0.45 | 208 | n/a | n/a | FAOSTAT Producer Prices |
| — | Export (unit value) | 0.70 | 321 | ▼ 32.5% | ▼ 32.5% | UN Comtrade (unit value) |
As of June 2026, the cashew nuts price in Nigeria available is US$ 0.45 per kg (208 NGN).
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Cashew Nuts Price History & Trend
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Production, Exports, Imports & HS Codes — cashew nuts in Nigeria
Exports UN Comtrade · 2024
In 2024, Nigeria exported $63.8M (91.5 kt) of cashew nuts▼ 58.1% YoY. That ranks #5 worldwide (4% of global exports).
Export value by year (US$)
Export volume by year
Top cashew nuts exporters worldwide UN Comtrade · 2024
- #1 Ivory Coast $410.9M · 25.6%
- #2 India $295.8M · 18.4%
- #3 Netherlands $295.3M · 18.4%
- #4 Germany $161.5M · 10.1%
- #5 Nigeria $63.8M · 4%
Annual export data Nigeria · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $63.8M | 91.5 kt | $0.7 |
| 2023 | $152.6M | 147.6 kt | $1.03 |
| 2022 | $49.8M | 41 kt | $1.21 |
| 2021 | $43M | 66.1 kt | $0.65 |
| 2020 | $18.3M | 9.8 kt | $1.86 |
Production FAOSTAT · 2024
Nigeria produced 80.9 kt of cashew nuts in 2024▼ 8.5% YoY. It ranks #13 among producing countries (1.9% of world output).
Production by year (tonnes)
HS Code
cashew nuts is traded under Harmonized System code 0801.32. Trade figures above are compiled for this HS heading.
Sources: trade & HS — UN Comtrade; production — FAOSTAT (FAO); harvest season — FAO GIEWS Crop Calendar. Values are official reported figures.