Browsing: import cashew from africa

The Cashew Industry Association (AICAJU) does not identify with the current model, which assigns the government the leading role in setting prices. “AICAJU reinforces its position already expressed previously, and once again appeals to the need to let the market work, since this is what will dictate the real reference price,” reaffirms the association’s Julina Harculette.

In 2021, Harculette said, the Mozambican cashew industry processed around 32,663 tons of cashew nuts last year when the reported total production was 146,000 tons, an increase of 6.52 per cent against the previous year. In 2020, 30,664 tons of cashew were processed in Mozambican cashew industries.

According to Tridge, Europe is the world’s largest importer of cashew nut kernels, accounting for 35-40 per cent of global cashew import value. The value of European cashew nut imports increased by an average of 2 per cent a year in the 2017-2021 period, and volumes increased …

Africa is missing out on the wealth of opportunity offered by cashew nuts which have a booming global demand. 

This reality is despite the fact that the continent grows most of the world’s raw cashews. The losses come about because cashew nut producing countries in Africa only process a fraction of them.

Cumulatively, African countries grow more than half the world’s supply but they are not cashing in on the opportunity due to their lack of processing industries.…