Ghana is among Africa’s major producers of cashew nuts. Ghana currently produces around 85,000 metric tonnes of raw cashew nuts each year, which accounts for about one percent of the worlds’ total production. Of this, over 90% is exported to India and Vietnam by Asian exporters and processors.
Which country exports the most cashews?
Trends of Top 10 Exporters
| Country | Export % | |
|---|---|---|
| 1 | Global | |
| 2 | Vietnam | 64.19% |
| 3 | India | 10.14% |
Where is cashew produced in Ghana?
Cashew grows in seven out of the ten regions of Ghana, although it is mostly found in the Brong Ahafo and the Northern Regions.
Where are cashews exported from?
Cashews thrive in the tropical climates of 20 western and eastern African nations, where about 90% of the raw cashew nuts traded in the global market are grown.
How much is cashew price in Ghana?
The price in Ghana Cedi is GHS 5.05 per kg. The average price for a tonne is US$ 871.61 in Kumasi and Accra.
Does Nigeria export cashew?
Nigeria is presently doing more export of raw cashew nuts because we don’t process more of it. It is generally a problem in Africa, not only in Nigeria,” he said. “We are not processing, but we are exporting raw cashew nuts, which gives us a lot of income when we talk about foreign earnings.
What is the cashew capital of the world?
Kollam
The Cashew business in Kollam is based in the eponymous city, which is known as the Cashew Capital of the World. Kollam is the largest processed cashew exporter in the world.
Do cashews grow in Ghana?
Ghana is among Africa’s major producers of cashew nuts. Ghana currently produces around 85,000 metric tonnes of raw cashew nuts each year, which accounts for about one percent of the worlds’ total production. Of this, over 90% is exported to India and Vietnam by Asian exporters and processors.
Is cashew farming profitable in Ghana?
HOW PROFITABLE IS CASHEW FARMING IN GHANA. The results show that a one-hectare cashew plantation has a net present value of GH¢260.82 ($343.16) when discounted at 25%, a benefit-cost ratio of 1.13, and an internal rate of return of 43.85%. These indices show that cashew production is profitable.
What nuts are grown in Ghana?
Of significance, over 98% of Ghana’s cashew nuts are exported in their raw form to India and Vietnam. Here the nuts are processed and re-exported to the US, Europe, the Middle East, China and Australia. Globally, demand for cashew nuts has grown at around 7% each year.
Who is the biggest producer of cashew?
Vietnam is the largest cashew producing country all over the world and India is the second-largest cashew producing country. Maharashtra is the largest producer of cashews in the states of India and Andhra Pradesh and Odisha are followed by Maharashtra.
Which country is the largest importer of cashew nuts?
That year, China was the second largest importer of cashew nuts in the world, with an import value of around over 13 million U.S. dollars.
Leading cashew nut (in shell) importers worldwide in 2021 (in million U.S. dollars)*
| Characteristic | Import value in million U.S. dollars |
|---|---|
| – | – |
Which country imports the most cashew nuts?
In 2020, the top importers of Cashew nuts, fresh or dried were Vietnam ($1.56B), United States ($1.09B), India ($986M), Netherlands ($440M), and China ($380M).
How much is cashew nut per kg in dollars?
US cashew nuts wholesale price. In 2022, the approximate price range for US Cashew Nuts is between US$ 7.44 and US$ 8.26 per kilogram or between US$ 3.37 and US$ 3.75 per pound(lb).
What is the yield of cashew per acre?
Various research organizations in India have developed more than 30 varieties of cashew nut to be farmed at different regions and achieve practically good yield. The mean yield of all these varieties is 8 to 10 kg of cashew nuts per tree, i.e. one tonne of nuts per hectare of land.
Which country does Nigeria export cashew to?
Nigeria – the sixth largest producer of cashew nuts globally – exports more than 80% of its raw cashews primarily to Vietnam and India where they are processed into various consumer products such as butter, food and cosmetic ingredients.
What is the most traded cashew product?
Cashew nuts in shell surpassed sesame seeds and cocoa beans to become the most traded agricultural product in the second quarter (Q2), growing by 10.67 percent year-on-year (y/y). The product traded for N41. 27 billion in the second quarter of 2022, as against N37.
Which country is Nigeria highest export destination for cashew nut?
Vietnam
Trends of Top Export Destinations From Nigeria
| Country | Export % | |
|---|---|---|
| 1 | Vietnam | 47.21% |
| 2 | United States | 19.09% |
| 3 | India | 11.88% |
How can I start a cashew export business?
To get a proper guidance you can contact experienced cashew nut exporters, who can give you perfect idea about the initial investment of the business also. First you have to get clear information about the local supplier of the market. It is necessary to gather information about purchasers in various foreign countries.
Which state is famous for cashew?
Maharashtra
The highest productivity is observed in Kerala and Maharashtra with over one ton per ha. The high yields in Maharashtra are primarily due to the fact that cashew production is of recent origin and the major part of the plantations have been established with high yielding clonal material.
How can you tell good quality cashews?
FIRST QUALITY FANCY cashew kernels have a uniform color which may be white, light yellow or pale ivory. SECOND QUALITY SCORCHED cashew kernels may be yellow, light brown, light ivory, light ash-grey or deep ivory. THIRD QUALITY SPECIAL SCORCHED cashew kernels may be deep yellow, brown, amber, and light to deep blue.