On-the-Ground Updates

Turkish Cashew Traders Prefer Domestic Production Due to Competitive Prices

Cashew Nut Kernel
Raw Cashew Nut
Turkiye
Supply Chain Management
Market & Price Trends
Orhan Ceylan
Published Oct 17, 2022
Cashew prices continue to fall in Turkey. The domestic price for the WW320 EXW warehouse is USD 7.53/kg + VAT (TL 140 + VAT). Considering that the CIF Turkey any port value of cashew is around USD 6/kg, the DDP warehouse price, which consists of customs duty and inland shipping, is around USD 7/kg + VAT (TL 130 + VAT). For this reason, importers prefer sourcing cashews from the domestic market instead of importing by themselves because the difference is not worth the financial risk and liability.

What to read next

On-the-Ground Updates
Egypt's Fresh Garlic Prices Soared by 40% MoM in Apr-24 Amid Inflation and Currency Changes
Emad Kader · Apr 24, 2024
On-the-Ground Updates
Stable Bread Prices in Egypt Despite 10% MoM Drop in White Wheat Prices
Emad Kader · Apr 24, 2024
On-the-Ground Updates
Early Greek Bostana Watermelon Exports Begin Amidst Chilly European Weather
Theodoros Damvakaris · Apr 22, 2024
On-the-Ground Updates
Vietnam Surpasses Philippines as Top Banana Exporter to China
Thao Nguyen · Apr 22, 2024
On-the-Ground Updates
Shift in Avocado Production Calibers Expected in Peru’s Primary Growing Regions
Jose Torres · Apr 22, 2024

Read more relevant content

News
The European Parliament adopts a revision of the CAP
TerreNet · Apr 25, 2024
News
Agricultural organizations: a convenient credit system and adequate representation of farmers in the European Parliament are necessary
AgroPolska · Apr 25, 2024
News
US wheat continues its bullish rally
TerreNet · Apr 24, 2024
News
Rapeseed loses another €3/t on Euronext
TerreNet · Apr 24, 2024
News
European crops threatened by falling temperatures
TerreNet · Apr 24, 2024
News
Old harvest wheat loses €4/t
TerreNet · Apr 24, 2024
News
Wheat and corn prices fueled by concerns over weather and UkraineUkrainian imports: measures to protect EU agriculture
TerreNet · Apr 24, 2024
News
Ukrainian imports: measures to protect EU agriculture
TerreNet · Apr 24, 2024
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.