{"id":34639,"date":"2021-08-02T12:04:23","date_gmt":"2021-08-02T05:04:23","guid":{"rendered":"https:\/\/kimmyfarm.com\/guinea-bissau-sets-a-floor-price-for-raw-cashew-nut-exports"},"modified":"2021-08-02T12:04:23","modified_gmt":"2021-08-02T05:04:23","slug":"guinea-bissau-sets-a-floor-price-for-raw-cashew-nut-exports","status":"publish","type":"post","link":"https:\/\/kimmyfarm.com\/en\/guinea-bissau-sets-a-floor-price-for-raw-cashew-nut-exports","title":{"rendered":"Guinea-Bissau Sets a Floor Price for Raw Cashew Nut Exports"},"content":{"rendered":"

Guinea-Bissau Sets a Floor Price for Raw Cashew Nut Exports<\/h1>\n

Guinea-Bissau<\/strong> is one of West Africa\u2019s important raw cashew-producing countries. Cashew nuts are the country\u2019s main export crop and accounted for more than 50% of national export revenue in 2019<\/strong>. However, most of Guinea-Bissau\u2019s cashew crop is still exported as raw cashew nuts<\/strong>, which brings lower added value compared with processed cashew kernels.<\/p>\n

To stabilize the value of this important agricultural product, the government of Guinea-Bissau has introduced several measures, including setting a floor price for raw cashew exports and encouraging more domestic cashew processing.<\/p>\n

Guinea-Bissau Sets a Floor Price for Raw Cashew Nuts<\/a><\/h2>\n

In recent years, Guinea-Bissau\u2019s raw cashew sector has faced pressure from low export prices. The situation became more difficult during the coronavirus outbreak, when supply chains and processing capacity were disrupted.<\/p>\n

To support local farmers and stabilize the domestic market, the government set the farm-gate price of raw cashew nuts at 360 CFA francs<\/strong>, around 0.65 USD per kilogram<\/strong>, during its trading campaign from April to September. This price was about 28% lower than the previous season<\/strong>, but it was still intended to create a clearer pricing framework for farmers, traders, and exporters.<\/p>\n

At the same time, the government encouraged the development of more local cashew-processing factories. It also set a basic export tax value for raw cashew nuts at around 850 USD per ton<\/strong>.<\/p>\n

\"Guinea-Bissau

Guinea-Bissau set a farm-gate price for raw cashew nuts at 360 CFA francs per kilogram.
<\/p><\/div>\n

Cashew Nuts Are Guinea-Bissau\u2019s Main Export Crop<\/h2>\n

Guinea-Bissau produces around 200,000 tons of raw cashew nuts<\/a><\/strong> each year. Most of this volume is exported to buyers in India, where the raw cashews are processed into cashew kernels<\/strong><\/a> and then shipped to other markets around the world.<\/p>\n

However, according to figures from the Ministry of Trade and Industry, exports fell to just under 160,000 tons in 2020<\/strong>. This decline showed how vulnerable the country\u2019s cashew industry can be when it depends heavily on raw exports and external processing markets.<\/p>\n

Infrastructure is another major challenge. Once the rainy season begins, usually from late May to mid-June, transporting raw cashew nuts by truck becomes much harder. Many rural roads are narrow, unpaved, and easily flooded. In some areas, the roads turn into mud, slowing down the movement of cashew nuts from farms to ports.<\/p>\n

\"Guinea-Bissau

Guinea-Bissau produces around 200,000 tons of raw cashew nuts<\/strong> per year, mostly for export to buyers in India.
<\/p><\/div>\n\t\t

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S\u1ea3n Ph\u1ea9m H\u1ea1t \u0110i\u1ec1u Th\u00f4 C\u1ee7a Ch\u00fang T\u00f4i - Kimmy Farm Viet Nam<\/a><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Cambodian Raw Cashew Nuts<\/a><\/h3>\n\t\t\t\n\n\t\n\t\n\t\t<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t
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Guinea-Bissau Raw Cashew Nuts<\/a><\/h3>\n\t\t\t\n\n\t\n\t\n\t\t<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t
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Raw Cashew Nuts From Local Farm Binh Phuoc Vietnam<\/a><\/h3>\n\t\t\t\n\n\t\n\t\n\t\t<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t
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Tanzania Raw Cashew Nuts<\/a><\/h3>\n\t\t\t\n\n\t\n\t\n\t\t<\/div>\n<\/div>\n\t\t\n\t\t\t\t<\/div>\n\t\n\t\t\n\t\t\n\t\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Related Cashew Kernel Products<\/h2>\n

Some cashew kernel products from Binh Phuoc Cashew Nuts<\/a>:<\/strong><\/p>\n