Maputo, Mozambique, 10 Nov – Cashew nut production in Mozambique is expected to reach 120,000 tons per year by 2015, as compared to production of 96,000 tons in 2009, the assistant director of the national cashew institute (INCAJU), said Tuesday in Maputo.
Raimundo Jorge Matule was commenting on the overall performance of the cashew sector since 2006 ahead of the 5th National Cashew Forum, and event that is due to take place in Maputo next Thursday and Friday.
Also according to Matule, in the same period, cashew processing is expected to increase from a current level of 35,000 tons to 60,000 tons, or half of total production.
“The government has invested US$50 million over the last five years to improve the performance of the cashew sectors, including setting up the 18 factories operating across the country,” he said.
A document from INCAJU showed that the cashew sub-sector has posted overall growth of 5.8 percent in the period, as a result of growth of production and distribution of saplings of 12.5 percent, with commercialisation increasing by 11.1 percent and 3.9 percent in processing.
Overall exports rose by an annual average of 6.2 percent as a result of 7 percent growth in exports of unprocessed cashews and of 5.4 percent in export of processed nuts. (macauhub)