Agriculture · ~55% of world raw cashew
Cashew Price.
Africa grows over half the world's raw cashew, led by Côte d'Ivoire, yet there is no global futures benchmark for the nut — the real reference prices are African: exchange spot in Nigeria and seasonal farmgate floors in Abidjan. Mansa Markets publishes them with their dates, which almost nobody else does.
African reference price · Nigeria
1,719.5 NGN / kg
African layer
Country-level prices
What the farmer is actually paid — farmgate, exchange and export prices the global benchmark never shows.
| Country | Type | Price | Source | As of |
|---|---|---|---|---|
| Nigeria | exchange | 1,719.5 NGN / kg | AFEX(daily) | 7 Aug 2026 |
Production
Africa's role
Africa's share
~55% of world raw cashew
Top producers
Côte d'Ivoire · Tanzania · Nigeria · Benin · Guinea-Bissau
Seasonality
The West African harvest runs roughly February–June. Côte d'Ivoire — the world's largest producer — opens each season with an official farmgate floor price; most African raw cashew is shipped to Asia for processing.
Methodology
The global benchmark is sourced from public EIA/FRED series. African country-level prices are seasonal regulator announcements and exchange reports, each stored with its source, cadence and as-of date. Prices are for informational purposes only and are not real-time.
Frequently Asked
Cashew FAQ
Which country produces the most cashew?
Côte d'Ivoire is the world's largest raw cashew producer, with Tanzania, Nigeria, Benin and Guinea-Bissau also major growers. Africa supplies over half the world's raw cashew nuts.
Is there a global cashew price benchmark?
No. Unlike cocoa or coffee, cashew has no international futures contract. Reference prices come from producing countries — exchange-traded spot prices in Nigeria and the seasonal farmgate floor price set in Côte d'Ivoire.
Why is most African cashew exported raw?
Processing capacity on the continent is still limited, so the bulk of African raw cashew is shipped to Vietnam and India for shelling — an active policy focus in Côte d'Ivoire, Tanzania and Nigeria.
Are these cashew prices real-time?
The Nigerian exchange price updates each trading day; seasonal farmgate prices update when regulators announce them. Every figure carries its source, cadence and as-of date.