The world's leading cashew nut producing country raises its production forecast for 2023
Ivory Coast, the world's largest cocoa producer, has become the world's leading producer of cashew nuts, with an annual output of about 1 million tons.
According to the Ivory Coast Cotton and Cashew Council announced (June 22), the West African country's cashew production forecast has been revised up by 22% to a record 1.25 million tons. Ivory Coast, the world's largest cocoa producer, has become the world's leading producer of cashew nuts, with an annual output of about 1 million tons.
According to the Council, the initial production forecast is about 1.05 million tons in 2023, up from 1.028 million tons in 2022. However, Adama Coulibaly, Cotton and Cashew Council Leader added: traders from neighboring countries such as Guinea, Mali and Ghana have been smuggling their cashews into Ivory Coast this year as the market is considered more lucrative.” This raised concern to the Council because of the quality of the nuts. things will be uneven.
By June 2023, local processors had taken on 249,000 tonnes of cashews out of the 300,000 tonnes target for the 2023 crop year. At the same time, Ivory Coast has also exported 593,000 tonnes of cashews to Vietnam and India. , compared with 455,315 tons in the same period last year.
Currently, Ivory Coast is trying to increase the amount of locally processed cashews, in the next few months 4 cashew processing industrial zones under construction in the north and central part of the country will come into operation and promote domestic processing capacity.