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Mozambique: Government promotes the cashew export development strategy

  • Mozambique: Government promotes the cashew export development strategy

    by Market Insider

    Thursday, 18 Dec. 2014

    In the meeting of cashew sector stakeholders of 11 and 12 December 2014, the Guinea-Bissau Minister of Commerce stated Government’s plan to increase cashew exports from 150,000 to 200,000 tons per year.

    Participants to the meeting, including  farmers, producers, traders,  exporters, as well as representatives of banks, police and the government, analysed new export strategy measures with a view to improve export conditions, increase export incentives and augment the market transparency. 

    According to the Director of the National Cashew Institute –INCAJU and to information published by the African Cashew Association, the country produced 96,000 tons of raw cashews in the 2009/10 season, 113,000 tons in 2010/11, the lowest crop in 10 years amounting to 64,000 tons in 2011/12, about 80,000 tons in 2012/13, and 140,000 tons in 2013/14. The Government estimates that cashews are the main source of income for more than 80 % of the rural population.  

    Only some  30,000 tons/year of cashew are currently processed. The remaining of the crop is partly exported, and partly smuggled to neighbouring countries, mainly Senegal (smuggled cashews can at times reach a half of the crop). 

    Sources :  http://jornaldeangola.sapo.ao/economia/sector_do_caju_deve_aumentar_as_exportacoes, http://af.reuters.com/article/guineaBissauNews/idAFL6N0PV0T820140722 http://www.mozacaju.com/about , http://www.freshplaza.com/article/130862/Mozambique-to-sell-80,000-tons-of-cashews-this-year

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