<p>Vietnam is a major supplier of cashew kernel and is a competitor to India. The industry has reported that processing cost in India can be attributed to a variety of factors, including the increased wage cost, the lower output of cashew kernel and the domestic and international demand-supply situation, which increase the processing cost. </p><p>The details of exports of cashew kernel from India between CY 2013 and CY 2017 are as follows:</p> <p>Year</p> <p>India’s export of cashew kernel (HS Code 080132)</p> <p>CAGR (Compound annual growth rate) percentage growth</p> <p>India’s export of cashew kernel (HS Code 080132)</p> <p>CAGR % Growth</p> <p>2013</p> <p>917.48</p> <p>Base year</p> <p>1,596.34</p> <p>Base year</p> <p>2014</p> <p>861.02</p> <p>-6.15</p> <p>1,930.39</p> <p>20.93</p> <p>2015</p> <p>804.49</p> <p>-6.57</p> <p>2,315.66</p> <p>19.96</p> <p>2016</p> <p>730.99</p> <p>-9.14</p> <p>2,732.52</p> <p>18.00</p> <p>2017</p> <p>943.41</p> <p>29.06</p> <p>3,320.07</p> <p>21.50</p> <p>CAGR Rate</p> <p>-</p> <p>0.70</p> <p>-</p> <p>20.09</p> <p><br></p> <p>(Source: ITC Trade Map)</p> <p>This information was given by C R Chaudhary, minister of state of commerce and industry, Government of India, in a written reply in the Lok Sabha recently.</p> <p></p>