The Hindu : Business : Cashew exports rise in volume

Online edition of India's National Newspaper
Saturday, Nov 10, 2007
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Business

Business

Cashew exports rise in volume

K. Venkiteswaran

But decline in terms of value

Kochi: The foreign exchange earned by the country through export of cashew kernels, cashew nut shell liquid, and allied products during 2006-07 was Rs. 2,465.44 crore. Among the agriculture commodities exported from India, cashew came third, contributing 0.44 per cent of the total export earnings during the period. This was announced by Walter D’Souza, outgoing Chairman of the Cashew Export Promotion Council of India, while addressing the annual general meeting here last week. Export of cashew kernels during 2006-07 was 1,18,540 tonnes, valued at Rs. 2,455.15crore, as against 1,14,143 tonnes, valued at Rs. 2,514.86 crore during 2005-06. There was an increase of 3.85 per cent in quantity and a decrease of 2.37 per cent in value. The average unit export price realised during 2006-07 was Rs. 207.12 a kg compared to Rs. 220.33 a kg during 2005-06, recording a decrease of 6 per cent. Export of cashew nut shell liquid during 2006-07 was 6,139 tonnes, valued at Rs. 10.29 crore, against 6,463 tonnes, valued at Rs. 7.21 crore, during the previous year. There was a decrease of 5.01 per cent in terms of quantity and an increase of 42.72 per cent in terms of value. The unit value realised for cashew nut shell liquid during 2006-07 was Rs. 16.76 a kg. In the previous year this was Rs. 11.16 a kg. The increase was 50.18 per cent.

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