1 The Great Indian Cashew Market PRESENTED BY
1 The Great Indian Cashew Market PRESENTED BY: HARI NAIR Western India Cashew Company
2 The Great Indian Cashew Market Worlds No 1 Market Ø Worlds No 1 Producer : 680, 000 MT of RCN Ø Worlds No 1 Processor : 1, 584, 700 MT of RCN Ø Worlds No 1 Consumer : • • Population of 1. 3 billion Growing income levels 232, 000 MT of Kernels
3 The Great Indian Cashew Market Ø Cashews traditionally used in food – Gravy, Sweets, Ingredients and Snacks Ø Difficult to estimate usage trends as data scarce. Ø Demographic Dividend – Fastest growing middle class
4 Consumption of cashews in India 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 1, 138 1, 191 1, 262 1, 338 1, 340 1, 235 1, 440 1, 503 1, 511 1, 584 2 6. 1 4. 8 1 (Quantity in (‘ 000 M. Ton) Total RCN Kernels Import Total Kernel Production 261 273 291 307 305 283 329 348 349 360 Export 119 117 115 111 106 95 110 100 116 128 142 156 176 199 188 219 248 233 232 Consumption
5 Indian Cashew consumption 300 Quantity in ‘ 000 M. Ton Year 2005 to 2014 248 250 219 200 150 176 142 233 232 196 199 188 156 Cashew 100 50 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 0
Indian Cashew & Almond consumption Ø Almonds next biggest nut sold in India 300 248 250 219 196 200 150 199 176 142 233 232 188 156 Cashew Almonds 100 2012 46 2014 56 2013 53 2011 2009 48 2010 26 38 2005 0 18 39 2007 50 33 2006 Quantity in ‘ 000 M. Ton Year 2005 to 2014 6
7 Thank you Hari Nair hari@wenders. com www. wenders. com
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