Vietnam is a major supplier of cashew kernel and is a competitor to India. Industry has reported that processing cost in India can be attributed to a variety of factors like increased wage cost, lower output of cashew kernel, domestic and international demand-supply situation which increase the processing cost.
Details of Export of Cashew Kernel from India between CY 2013 to CY 2017 is given below:
|Year||India’s export of Cashew Kernel (HS code 080132)||CAGR % Growth||India’s export of Cashew Kernel (HS code 080132)||CAGR % Growth|
|2013||917.48||Base year||1596.34||Base year|
(Source: ITC Trade Map)