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Cashews are one of the most popular and sought-after nut varieties in the world. Market research shows the global cashew market being valued at more than $8 billion in 2022, but it's expected to ...
The Philippines is the world's third largest producer of pineapples, producing more than 2.4 million of tonnes in 2015. [50] The Philippines was in the top three banana producing countries in 2010, including India and China. [51] Davao and Mindanao contribute heavily to the total national banana crop. [51]
Fluctuations in world market prices, poor working conditions, and low pay for local harvesting have caused discontent in the cashew nut industry. [ 23 ] [ 24 ] [ 25 ] Almost all cashews produced in Africa between 2000 and 2019 were exported as raw nuts which are much less profitable than shelled nuts. [ 26 ]
The Goan cashew refers to the variety of the cashew fruit grown in the Indian state of Goa, which is one of the major cashew-growing Indian states. [1] In the entire state of Goa, the cashew crop spans approximately 55,302 hectares, yielding an estimated 27,070 tonnes annually. [2] Goa Kaju or Goa Caju are variations of the same name. [3] [4]
The Philippines' National Food Authority (Filipino: Pambansang Pangasiwaan ng Pagkain, abbreviated as NFA), is an agency of the Philippine government under the Department of Agriculture responsible for ensuring the food security of the Philippines and the stability of supply and price of rice, the Philippines' staple grain.
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2025, the Philippine economy is estimated to be at ₱29.66 trillion ($507.6 billion), making it the world's 31st largest by nominal GDP and 11th largest in Asia according to the International Monetary Fund.
However, Brazil, which in 2011 was the fifth largest world producer of cashew nuts, in 2016, fell to 14th position, with 1.5% of the total volume of nuts produced in the world. Vietnam, Nigeria, India and Côte d'Ivoire were the world's largest cashew nut producers in 2016, with 70.6% of global production.
India is on top nowadays in exporting cashew kernels and cashew nut shell liquid (CNSL). Foreign exchange earned by the country through export of cashew kernels during 2011–12 touched Rs.4,390 crore as per statistics of Cashew Export Promotion Council of India. 1.31 lakh tonnes of kernel were exported during 2011–12; 80% of India's export quality cashew kernels are prepared in Kollam. [8]