Togo produced 16% less cashew in 2024, against 2023

Published 2024년 11월 6일

Tridge summary

In 2024, Togo's cashew nut production fell by 16% to 34,500 tonnes from 41,000 tonnes in 2023, according to N’Kalô and Ecofin Agency. Despite this decline, Togo remains a significant player in the cashew industry, acting as an export hub for neighboring countries like Benin and Burkina Faso. The combined cashew trade among these nations totals around 165,000 tonnes, with major exports directed to India, Vietnam, and China. Only 11.6% of Togo's cashew production is processed domestically. This decrease in production is part of a broader trend in West Africa, where overall output dropped by about 15% due to adverse climate conditions, with the region's total production at approximately 2.6 million tonnes, down from 3.1 million tonnes the previous year. Côte d'Ivoire, Nigeria, and Guinea-Bissau are the leading producers in the region.

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Original content

(Togo First) - Togo produced 34,500 tonnes of cashew nuts in 2024, compared to 41,000 tonnes in 2023, which is 16% down. N’Kalô, an independent consultant, disclosed the figure in preliminary estimates, reported by Ecofin Agency. Despite the drop, Togo remains a significant player in the cashew sector, acting as an export relay for neighboring countries like Benin and Burkina Faso. Cashew trade between these nations totals around 165,000 tonnes, nearly five times Togo's national production. Over the 2024 campaign, the cashew produced (cross-border and Togo’s) was shipped to India (160,000 tonnes), Vietnam (32,000 tonnes), and China (35,000 tonnes). Meanwhile, only 11.6% of Togo’s output (4,000 tonnes) was processed domestically. According to N'kalô, the drop in Togolese production mirrors a regional trend in West Africa. N’kalô found that the region’s output slumped by about 15% over the period reviewed. The consultant attributes the drop ...

Source: Togofirst