Cashew boom: Subsidies drive record production and earnings

What you need to know:

As of March 2024, cashew nut exports generated $227.1 million (Sh581.4 billion), up from $162.4 million (Sh415.7 billion) in the prior season

Dar es Salaam. Cashew production skyrocketed by 115,900 metric tonnes in the 2023/24 season, generating more earnings for farm-ers, the Cashewnut Board of Tanzania (CBT) has said.
Tanzania’s cashew nut production stood at 305,014 metric tonnes in the 2023/24 season, up from 189,114 metric tonnes in the 2022–23 season.
The rise was attributed to the provision of subsidised agriculture inputs, whose value doubled to Sh188.99 billion in 2023/24 season from Sh96.26 billion recorded in the 2022/23 season, according to CBT’s primary assessment.
As of March 2024, the crop generated $227.109 million (about Sh581.40 billion), up from $162.363 million (about Sh415.65 billion) in the 2022/23) season.
The volume produced in 2023/24 is the highest in five years, CBT director general Francis Alfred told The Citizen.
“The government has been making various efforts to enhance cashew nut production in the country, including revitalising the cashew nut farmers’ database,” said Mr Alfred.
Apart from distributing improved seeds, the government also distributes subsidised cashew nut inputs, strengthens extension services, and trains farmers on the best practices of cashew nut farming. In the first phase of the cashew nut farmers’ database revitalization process, Mr Francis said CBT was forecast to reach 3,569,523 acres, comprising 80,870,287 cashew trees in the Mtwara, Lindi, Ruvuma, Coast, and Tanga regions.
“At least 424,142 farmers have been reached and their information updated out of 563,932 anticipated growers, which is equivalent to 75 percent,” he said.
Mr Alfred said in the last three years, cooperative unions through the Korosho Cooperative Joint Enterprise Ltd. (KCJEL) managed to import and distribute 13,562 metric tonnes (2021/22), 14,937 metric tonnes (2022/23), and 39,275 metric tonnes (2023/24) of powder sulphur.
During the same period, 1,497,354 litres, 2,684,470 litres, and 1,989,238 litres of liquid inputs were also distributed to cashew farmers across the country.
“Government investment in the procurement and distribution of subsidised inputs to farmers kept increasing from Sh59.35 billion in 2021/22, Sh96.26 billion in 2022/23, and Sh188.99 billion in the 2023/24 season, respectively,” he said.
Furthermore, he said the government has also set a 50 percent pesticide spraying equipment subsidy, and a total of 6,216 sprayers have been delivered to farmers in 2022/23 and 2023/24, respectively. Additionally, Mr Alfred said in previous years that there was a significant chal-lenge regarding the availability of empty sacks for cashew nut packaging, especially during the trading season. He noted, however, that the challenge has been resolved starting from the 2022/2023 season.
He said during this period the government has trained cashew farmers on the proper and safer use of pesticides, distributed 23,490 kilo-grammes of high-quality seeds, which is equivalent to an average of 3.3 million seedlings to 10 cashew-growing regions comprising 36 coun-cils, and strengthened the provision of extension services.

Cashew boom: Subsidies drive record production and earnings

What you need to know:

Latest

EAC trade surges 37pc to $52.3bn as mineral exports drive growth

Tanzania steps up checks on weighing and measuring equipment to protect consumers

Samia to grace Great Lakes women parliamentarians’ conference

SGR passengers to get free heart screening worth Sh500,000

JKT puts digital patriotism at the heart of youth training

Sh4 billion wildlife management area gets new leadership in Manyara

In the headlines

EAC trade surges 37pc to $52.3bn as mineral exports drive growth

Ride-hailing safety gap exposed as drivers bypass crucial checks

British Airways returns to Tanzania with direct flights to Kilimanjaro and Zanzibar

Rostam Azizi challenges governments to earn investor confidence

What you need to know:

AI platform to help beekeepers monitor hives, find customers

DSE investors' paper wealth jumps by Sh16.1 trillion as banking stocks rally

EAC trade surges 37pc to $52.3bn as mineral exports drive growth

Tanzania steps up checks on weighing and measuring equipment to protect consumers

Samia to grace Great Lakes women parliamentarians’ conference

SGR passengers to get free heart screening worth Sh500,000

JKT puts digital patriotism at the heart of youth training

Sh4 billion wildlife management area gets new leadership in Manyara

EAC trade surges 37pc to $52.3bn as mineral exports drive growth

Ride-hailing safety gap exposed as drivers bypass crucial checks

British Airways returns to Tanzania with direct flights to Kilimanjaro and Zanzibar

Rostam Azizi challenges governments to earn investor confidence