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Are cashew nuts Mozambique’s hidden commodity?

Raw Cashew Nut
Mozambique
Published Apr 25, 2023

Tridge summary

Cashew nuts have emerged as a promising commodity in the global market in recent years. With its high nutritional value and versatility, cashew nuts have become a popular snack and ingredient in various cuisines worldwide. However, what many may not realise is that Africa is the largest producer of cashew nuts.

Original content

According to the United Nations Conference on Trade and Development (UNCTAD), the global trade of cashew nuts was valued at USD 5.5 billion in 2019, with African countries accounting for 56% of the total production. For those following this market and paying attention to African countries, Mozambique stands out as a promising player. In 2020, Mozambique produced approximately 160,000 tons of cashew nuts, making it the fourth-largest producer in Africa after Nigeria, Ivory Coast, and Guinea-Bissau. The country’s production capacity remains largely untapped, with vast areas of land available for cultivation. This presents a significant opportunity for Mozambique to increase its production and compete with the top players in the global market. The demand for cashew nuts has been on the rise in recent years, with many countries recognizing its health benefits and incorporating it into their diets. As a result, the top buying nations of cashew nuts have shifted from traditional markets ...
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