West Africa is the leading producer of raw cashews, yet 90% of these raw nuts are sent outside of Africa for processing.
Africa and West African countries account for 58% and 44% of global cashew production in 2022 respectively.
While production volume increased by 5.4% last year, Cote d'Ivoire remains the largest exporter of cashew nuts in the world producing about 837,850 tonnes in 2021 and is set to reach a domestic processing rate of 40%.
Tanzania, Benin, Burkina Faso, Mozambique, Guinea Bissau and Nigeria are among the top producers in the region with nothing less than 100,000 tonnes.
As of today, African cashew has a market size of $793.37 million which is expected to grow to $950.04 million by 2028. The continent is the second-largest exporter of cashew kernels in Europe, while 90% of its produce are being exported to Vietnam and India.
However, cashew farmers and exporters only get a fraction of the retail price despite the crop value growth.
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Mr. Humaun
4 months ago
Import enquire from NDE, Bangladesh- 17.01.24
Dear Sir
Good morning
We are (www.ndebd.com) NDE, number one construction company in Bangladesh.
We will import “Raw cashew nut (RCN)- Nut Count: 200 approx.
If you interested, then pls give FOB price quotation with freight cost.
Quantity: 1 container- 25MT
Import term: 100% at site LC.
Shipment time from LC date= ?
Waiting for your reply.
Thanks
Mr. Humaun
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Mr. Humaun
4 months agoImport enquire from NDE, Bangladesh- 17.01.24 Dear Sir Good morning We are (www.ndebd.com) NDE, number one construction company in Bangladesh. We will import “Raw cashew nut (RCN)- Nut Count: 200 approx. If you interested, then pls give FOB price quotation with freight cost. Quantity: 1 container- 25MT Import term: 100% at site LC. Shipment time from LC date= ? Waiting for your reply. Thanks Mr. Humaun WhatsApp & Mobile= +88 01817605550 humaun@ndesteel.com