In Mozambique, cashew is one of the main cash crops, along with sugar, tobacco and cotton. The country's export prospects are positive for 2022/2023.

In Mozambique, the government expects sales of 150,000 tons of cashew nuts for the 2022/2023 campaign. The announcement was made by Olegário Banze, Vice Minister of Agriculture. This volume would represent an increase in 3% compared to the 146,000 tons sold in the previous campaign.

For this new season, which began on November 24, the average price per kilogram of cashews will be 37 meticais (0.58 dollars), according to the reference price agreed between agents in the sector, compared to 39 meticais (0.58 dollars). $61) applied previously. This price will stagnate producers' marketing revenues this season at $87 million, despite projected volume growth.

It should be remembered that the main export markets for Mozambican cashews are Vietnam and India. In the country, cashew nuts are mainly grown in the provinces of Nampula, Cabo Delgado and Zambezia.

Source: EcomNewsAfrique