We export Raw cashew nuts from Nigeria at Deremi Shittu Investments. In Nigeria, Cashew nuts are produced in 28 states of the Federation and the Federal Capital Territory (FCT). Nigeria is the 6th largest producer of cashew in the world after India, Brazil, Vietnam, Guinea Bissau and Tanzania. Like most African producers, most of Nigeria’s production are exported in raw form to India and Vietnam for processing and export with added value and benefits to those economies. Vietnam, for example entered the field of cashew production for export in the early 80’s about the same time Nigerians became aware of the commercial significance of cashew.
In 2004, Nigeria’s production of cashew amounted to 60,660 tonnes out of which, 30,510 tonnes were exported at a value of US$22.27 million. Worldwide, trade in cashews exceeds US$2 billion and demand is increasing. Of the total world supply, 110 000 tonnes are traded on international markets. There is great investment opportunity for the processing and export of the commodity in Nigeria.
The United States is the largest importer of cashew kernels, accounting for over 50 percent of world imports. Other importers include the Netherlands (ten percent), Germany (seven percent), Japan (five percent) and the United Kingdom (five percent). Other emerging markets include the Middle East, South East Asia and Australia.
We currently supply the highest quality Raw Cashew Nuts from Nigeria. Traditionally a country known for its Cashew crops Deremi Shittu Investment has tapped into the wealth of raw crops available across Nigeria to produce this much sought after product. Our Raw Cashew Nuts are sourced from various parts of the country i.e. Kogi and Oyo.
Seasonal Product: February through May
Specifications vary based on where the crop has been sourced.
Processing : Raw
Quality/Kor : Between 46 and 52Kor
Nut Count : 180-200kg
Moisture Content : 8-10%
Defective Nuts : 15% Maximum
Our RCN are typically packaged in 80kg Sea worthy jute bags, loaded into a container size of clients’ choice. Due to the delicate nature of the RCN market, Deremi Shittu Investment only makes shipments that have been inspected by the buyers’ authorised representative or SGS in Nigeria. This precaution is to ensure quality