MK254
JF-Expert Member
- May 11, 2013
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Taarifa zinasema mapato ya korosho kwenu yalishuka kwa asilimia 63% yaani asilimia zote hizo jameni mbona nyingi mno, nilijua kwa mbwembwe na mikwara yote ile hadi mkahusisha magwanda ya JWTZ kila kitu kitaenda sawa.
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Tanzania’s total cashew nut sales on the international market dropped 63 per cent to $196.5 million last year, compared with $529.6 million in the 2017 trading period, Minister for Finance and Economic planning Phillip Mpango has said.
Dr Mpango, who was presenting the 2019/20 budget in Dodoma, said exports fell to 120,200 tonnes from 329,400 tonnes in 2017. However, the price per tonne on the international market increased by 1.7 per cent from $1,607.7 to $1,634.2 in the one-year period.
Tanzania is among the world’s largest producers of raw cashew nuts, having realised a total production of 313,826 tonnes in the 2017/18 crop year. Cashew nut is the lead cash crop export in the country followed by tea, coffee and sisal.
Cashew nut production in Tanzania during the last harvest season (2017/2018) stood at about 240,000 tonnes, out of which, some 213,000 tonnes were purchased by the government. About 90 per cent of the cashew nuts are exported in their raw form owing to the country’s low processing capacity.
To grow local processing, Tanzania is looking for investors to add value on the nuts and produce products such as cashew nut cheese or butter, sweets, fruit drinks or distilled liquor, lubricants, waterproofing and paints.
Tanzania also wants investors for new plantations aimed at increasing production and total tonnage, suppliers of machinery, equipment, spare parts and investors to put up industrial parks and develop cashew nut processing industrial zones.
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Tanzania’s total cashew nut sales on the international market dropped 63 per cent to $196.5 million last year, compared with $529.6 million in the 2017 trading period, Minister for Finance and Economic planning Phillip Mpango has said.
Dr Mpango, who was presenting the 2019/20 budget in Dodoma, said exports fell to 120,200 tonnes from 329,400 tonnes in 2017. However, the price per tonne on the international market increased by 1.7 per cent from $1,607.7 to $1,634.2 in the one-year period.
Tanzania is among the world’s largest producers of raw cashew nuts, having realised a total production of 313,826 tonnes in the 2017/18 crop year. Cashew nut is the lead cash crop export in the country followed by tea, coffee and sisal.
Cashew nut production in Tanzania during the last harvest season (2017/2018) stood at about 240,000 tonnes, out of which, some 213,000 tonnes were purchased by the government. About 90 per cent of the cashew nuts are exported in their raw form owing to the country’s low processing capacity.
To grow local processing, Tanzania is looking for investors to add value on the nuts and produce products such as cashew nut cheese or butter, sweets, fruit drinks or distilled liquor, lubricants, waterproofing and paints.
Tanzania also wants investors for new plantations aimed at increasing production and total tonnage, suppliers of machinery, equipment, spare parts and investors to put up industrial parks and develop cashew nut processing industrial zones.
Tanzania cashew nut sales drop by more than half
Cashew nut is the lead cash crop export in the country.
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