Cashew nut exports fall by 16 per cent; Domestic consumption witnesses growthKOCHI: Cashew nut export volumes are steadily declining even as domestic consumption is witnessing a consistent growth. Cashew export has dropped for second successive year in 2016-17.It fell by 16 per cent to 81,110 tonnes. In the year before it had declined by 19 per cent to 96,346 tonnes.
Cashew, cocoa & pepper hit by weak rupeeThe depreciation of the rupee against the dollar following Brexit may hit import-dependent commodity export sectors like cashew, cocoa and pepper, traders and exporters said.The immediate impact would be felt on cashew industry, which has been importing more raw nuts for processing as the domestic consumption has been increasing. The