V Sajeev Kumar Kerala’s cashew sector is gearing to faucet the Japanese sector in the submit-Covid days in check out of growing demand from customers and recurring orders for kernels.
Japan is one particular of the big customers and the current lockdown is a hindrance to fulfill the demand from customers thoroughly. Having said that, the sector is self-assured to utilise its probable after the limitations are lifted, explained K Rajesh, national committee member of the Cashew Field Protection Council.
Japan is an important sector for Indian cashew kernels with annually export of all over ten,000 tonnes. Of this, the contribution of the Kerala cashew sector is all over 8,000 tonnes and the balance will be fulfilled from Vietnam and China markets. The drum-roasted cashew kernels are the USP of Kerala item, which finds several takers in Japan, Rajesh explained.
Past 12 months, shipments to Japan was as small as all over 5000 tonnes because of to a subdued demand from customers coupled with a muted work environment in the really labour-intensive cashew processing factories listed here on account of various sector-clever concerns, he additional.
Any hold off in entering the Japanese markets in the submit-Covid days may give Vietnam and China an chance to attain supremacy. Both these nations have a competitive gain of decreased output expenditures mainly because of mechanisation. The cost of output for kernels in India is all over ₹700 for every kg, even though in Vietnam, it is all over ₹350/kg.
In addition to Japan, the US, Australia, the European Union are also excellent markets and the Covid-19 situation has led to a diminishing demand from customers in these consuming economies, he additional.
In accordance to R.K.Bhoodes, Chairman, Federation of Indian Cashew Field, the sector is in the system of selling usage of cashew nuts as an immunity booster in consuming nations because of to the presence of zinc.
Having said that, he explained, the usage of cashew nut in the domestic sector has been influenced in the wake of the cancellation of marriages and other functions. It is anticipated to get at least one to 2 years to restore normalcy.