2 hrs ago

Rising Dry-Fruit Prices Push Indian Consumers Toward Cashews

Rising Dry-Fruit Prices Push Indian Consumers Toward Cashews
Rising dry-fruit prices push consumers towards cashews · thehindubusinessline.com

Many dry fruits are becoming more expensive in India before the festive season.

Shipping problems and smaller harvests have reduced supplies and raised costs.

Pistachios and almonds have seen particularly large price increases.

Traders think people may buy fewer dry fruits overall because of the higher prices.

Cashews have mostly stayed at last year’s prices.

So shops and sweet makers are turning to cashews more often.

Importers are also looking for nuts from different countries.

Pumpkin and sunflower seeds and makhana are being promoted as other options.

Key facts

Price rise across several dry fruits
Retail prices are up 15–30% year-on-year.
Pistachios
Prices have risen 30–40%.
Almonds
Prices have risen 10–20%.
Other products
Pumpkin seeds, pecans and dates have risen 5–10%.
Expected sales impact
Traders anticipate a 10–15% decline in sales.
Whole cashew retail price
About ₹900–₹1,000 per kg.
Broken cashew retail price
About ₹800–₹900 per kg.
Date consumption
India accounts for an estimated 20–25% of global date consumption.

Sources

Related news