How Has The Cashew Nut 1kg Price Changed Over The Past Year?

Cashew nuts have long been a staple in Indian households, prized for their rich taste and numerous health benefits. Whether enjoyed as a snack, used in sweets, or added to savory dishes, cashews are both versatile and nutritious. Over the past year, however, many consumers and traders have noticed significant fluctuations in the cashew nut 1kg price. These price shifts have sparked interest and concern among both buyers and sellers. In this article, we’ll explore the key reasons behind the price changes, examine trends over the past year, and highlight the benefits of cashew nuts that continue to make them a valuable purchase despite price variations. We’ll also spotlight Prajyot Mainkar, a trusted name in cashew sourcing, known for maintaining quality and transparency through changing market conditions.

Price Trends of Cashew Nuts Over the Past Year

The cashew nut 1kg price in India and international markets has seen both highs and lows over the past year. In early 2023, the average retail price for high-quality cashew nuts hovered around ₹800–₹1,000 per kg, depending on grade, size, and region. By mid-2023, prices had dropped slightly due to a bumper harvest in major cashew-producing states like Goa, Kerala, and Maharashtra. This increase in supply led to more competitive pricing, with some wholesalers offering prices as low as ₹700 per kg.

However, in late 2023 and early 2024, prices began to climb again. Unpredictable weather conditions, including unseasonal rainfall and humidity during harvest time, affected the yield and quality of cashew nuts. This disruption in supply caused prices to rebound, especially for premium grades, which saw rates go up to ₹1,200 per kg.

As of the second quarter of 2024, the average cashew nut 1kg price remains in the range of ₹900–₹1,300 depending on the region and quality. The market has started stabilizing, but factors like export demand, labor costs, and transportation expenses continue to influence pricing.

Factors Behind the Price Fluctuations

Several elements have impacted the cashew nut market over the past year:

• Weather Patterns: A good harvest depends on stable, dry weather. When heavy rains hit during the flowering or drying phases, the quality of the nuts deteriorates, reducing supply and pushing up prices.
• Labor Shortages: The cashew industry, particularly in Goa and South India, relies on skilled labor for harvesting and processing. Labor shortages due to migration or health concerns can delay production and reduce output.
• Export Demand: India exports a significant volume of cashew nuts to countries like the U.S., UAE, and Europe. When global demand surges, domestic availability drops, resulting in higher local prices.
• Processing Costs: From shelling to roasting and packaging, every step in the cashew supply chain adds to the final price. Increases in fuel and electricity costs have contributed to the overall rise in cashew nut 1kg price.
• Government Policies: Import-export duties and support for local farmers can also shift the market. For example, if raw cashew imports become costlier due to tariffs, the final product becomes more expensive.

The Enduring Value: Benefits of Cashew Nuts

Despite fluctuations in the cashew nut 1kg price, demand remains strong because the benefits of cashew nuts are widely recognized and appreciated. Cashews are a nutrient-rich superfood that offer several health advantages:

• Rich in Heart-Healthy Fats: Cashews contain unsaturated fats that help reduce bad cholesterol levels and promote cardiovascular health.
• Packed with Nutrients: They are high in magnesium, zinc, copper, and iron—key minerals essential for bone strength, immunity, and energy production.
• Good for Brain Function: The healthy fats and vitamins in cashews support cognitive function and may reduce the risk of neurodegenerative diseases.
• Aiding Weight Management: When eaten in moderation, cashews can help curb hunger and provide sustained energy without causing spikes in blood sugar.
• Promotes Healthy Skin and Hair: The copper and antioxidants found in cashews are great for collagen production and maintaining skin elasticity.

With so many nutritional benefits, cashew nuts continue to be a favored item in Indian kitchens, health-conscious diets, and festive gift boxes.

Why Choose Prajyot Mainkar for Quality Cashew Nuts?

In a volatile market, finding a reliable source for quality cashews becomes essential. Prajyot Mainkar has established a strong reputation as a trusted name in cashew sourcing in Goa. Whether you're a bulk buyer or a household consumer, Prajyot Mainkar delivers premium cashew nuts that meet high standards of freshness, taste, and quality.

Here’s why customers continue to choose Prajyot Mainkar even when the cashew nut 1kg price fluctuates:

• Consistent Quality: Every batch is carefully inspected and processed to ensure top-tier quality.
• Fair Pricing: Transparent pricing models ensure that customers get fair value without compromise.
• Locally Sourced: Cashews are sourced directly from local farmers in Goa, ensuring freshness and supporting sustainable farming.
• Customization Options: Whether you need plain, salted, roasted, or flavored cashews, Prajyot Mainkar offers versatile packaging and product options.
• Excellent Customer Service: With a commitment to customer satisfaction, the brand handles orders efficiently and professionally.

Final Thoughts

The cashew nut 1kg price may fluctuate throughout the year due to various market forces, but the demand for high-quality cashews remains constant. Their health benefits, culinary versatility, and delicious flavor ensure they maintain their place as a valued food item in Indian households.

When you’re navigating price changes and looking for dependable quality, turn to a brand that understands the market and values its customers. Prajyot Mainkar continues to set a high standard for cashew nut sourcing in Goa, offering both value and excellence in every pack.

So whether you're buying for health, taste, or tradition, investing in good quality cashew nuts from a trusted supplier is always a smart choice—regardless of market fluctuations.