Nut price rises and production to increase up to 160,000 tonnes in Mozambique

Published 2021년 11월 17일

Tridge summary

Mozambique is projecting a 12% increase in cashew nut production for the 2021/2022 agricultural campaign, targeting around 160,000 tonnes. This comeback is attributed to the government's establishment of a reference price for cashew nuts and integrated management actions like cleaning, pruning, and chemical treatment. The production is expected to benefit cashew producers financially and potentially supply both the national industry and exports, with about 30,000 tons estimated for the international market, including India, China, and the European Union.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Mozambique plans to produce around 160,000 tonnes of nuts in the current 2021/2022 agrarian campaign, which could represent a growth of around 12%, compared to the last campaign, in which around 145 thousand tonnes were sold. The establishment, by the Government, of 43 meticais as a reference price for the commercialization of cashew nuts in the current campaign, may revive the production that, last year, saw a reversal in its performance as a result of Covid-19. According to the Director of the National Institute of Almonds, Ilídio Bande, “as a result of integrated management actions, namely cleaning, pruning and chemical treatment works, the national production could surpass, this year, the threshold of 160 thousand tons, a performance that will also have a positive financial impact on producers.” Ilídio Bande, who coordinated last Friday in Gucundo, Cumbane, Jangamo district, Inhambane, the official launch of the cashew nut marketing campaign, explained that “in addition to the ...

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