With its rich history, unique botanical qualities, health advantages, and culinary variation, cashew nuts genuinely have a global presence.
Cashew nuts have also made their way into several cuisines around the world, bringing a delicious crunch and distinct flavor to a variety of meals.
In Indian cuisine, cashews are often used in curries and desserts, adding a creamy texture and nutty taste. In Brazilian cuisine, cashews are fermented into a famous drink called “cajuna”.
In West African cuisine, cashews are used in savory stews like “Maafe,” giving a thick and nutty base.
Cashews’ versatility allows them to be enjoyed in both sweet and savory recipes, making them a popular ingredient across cultures.
Madagascar Cashew Nuts
Madagascar, the world’s fourth largest island, is a cashew nut lover’s dream. Aside from the well-known tourist attractions, Madagascar has quietly been cultivating a hidden treasure, its renowned cashew nuts.
Madagascar’s warm temperature and fertile soil make it ideal for growing these delicious and nutritious nuts.
However, cashew nuts are more than just a valuable export crop for Madagascar. They are also a source of income for many Malagasy farmers. Cashew nut agriculture is especially important in the country’s south, where it is one of the main sources of revenue for rural communities.
Cashew nuts are also a popular snack in Madagascar. They can be eaten on their own, cooked with, or processed into cashew butter and other products.
In recent years, the Madagascar government has been working to promote the cashew nut industry by providing financial help to cashew nut farmers and processors and investing in research and development to improve cashew nut production and processing methods.
As a result of these initiatives, the cashew nut sector in Madagascar is quickly expanding.
Cashew Nuts Price in Madagascar
In 2022, Madagascar’s cashew nut exports were valued at just above 2 million US Dollars. This was a slight increase over the previous year’s figure.
The sharpest climb was between 2013 and 2014 when the export value increased from over 1 million US dollars to 3 million US dollars.
Here are the total values in the export of cashew nuts from Madagascar between 2013 and 2022.
Price of Cashew Nuts per kg in Madagascar
A kilogram of raw cashew nuts in Madagascar costs between US$ 5 and US$ 7 per kilogram or between US$ 2.27 and US$ 3.17 per pound(lb).
The retail price range in Malagasy Ariary for cashew nuts is between MGA 22123.89 and MGA 30973.45 per kilogram or between MGA 10033.51 and MGA 14046.92 per pound(lb) in Antananarivo and Toamasina.
In 2023, the approximate wholesale price range for Madagascar cashew nuts is between US$ 3.5 and US$ 4.9 per kilogram.
Madagascar Cashew Price
Cashew nuts from Madagascar make their way to Tuticorin to be processed, shelled and readied for their final international markets. The cashew nuts undergo rigorous grading and sorting procedures, ensuring that only the finest nuts make their way to the market.
The port’s cutting-edge processing facilities ensure that the cashews satisfy worldwide quality requirements, resulting in a nut that is ready to tempt taste buds all around the world.
The export of cashew nuts from Madagascar has enormous economic repercussions, from creating jobs for local farmers and processors to serving as a critical source of income, contributing to the country’s economic growth and development.
Madagascar’s cashew nuts have earned a position in the worldwide market, with India being a main export destination.
The unique blend of organic farming, sustainable practices, and flavorful produce has proven Madagascar as a reliable supplier of high-quality cashew nuts.
As this trading partnership between Madagascar and India grows, it strengthens economic ties and also highlights the potential of Madagascar’s cashew industry on a worldwide scale.
Next time you are looking for a tasty and nutritious snack, reach for a bag of Madagascar cashew nuts. You will be helping local farmers while also enjoying a delicious treat.