22 June 2018

West Africa rebuts its cards as India's cashew supplier

West Africa rebuts its cards as India's cashew supplier


From January to May, raw cashew imports from the world's three largest processor countries - India, Vietnam and Brazil - fell by 10.6% compared to the same period last year, totaling 629 723 tons (t), reports specialist Rongead in his bulletin n'kalo published today. On the other hand, these volumes are up sharply compared to 2016 (January / May) which were then only 431,700 t.

The performance of the Ivory Coast has been rather disappointing with an 11% decline in volumes shipped to India from January to May 2018 compared to 2017, to 41 283 t, almost the same tonnage as the 5 first months of 2016. The decline is even stronger towards Vietnam, with -18% to 66,452 t (81,518 t in January-May 2017 and 54,418 t in January-May 2016). Figures are not available for Brazil.

Also declining, Nigeria whose sales to India fell by 32%, to 12,303 t in the first five months of 2018 but remain well above volumes in early 2016 (6,730 t).

All other West African countries see their gross cashew sales increase to India. The Ghana passes the Ivory Coast as a supplier, with exports jumping 71% over the first five months of 2018, to 45 410 t against 26,479 t and 11,813 t the previous two years over the same period.

The Benin accuses an increase of 42% to 10 593 t, 646 t party early 2016. Togo also becoming more and more over the years, with exports climbing 54% to 9,088 t early 2018. The Burkina Faso is not rest, jumping 101% to 4,950 t, the Guinea 912% to 1 336 t, the Guinea Bissau 173% to 577 t. More modest, The Gambia records a 4% increase in sales to India, at 52 t, while Senegal emerges as supplier of New Delhi with 63 t to his credit at the beginning of the year.

Elsewhere in Africa, Tanzania's sales to India slipped 14%, although it remains the leading supplier among African countries with 96,018t shipped early in 2018. Mozambique also recorded a major 79% decline fall to 10,097 t.

Outside Côte d'Ivoire, Vietnam imports mainly from Cambodia (95,115 t + 6%) and Indonesia (7225 t, -43%), according to Rongead.

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