40% of the world's cashews come from Côte d'Ivoire, with a slight decrease in production in the new production season and a partial lifting of the export ban!

According to African media CommodAfrica, the Ivorian Cashew Association (Conseil du Coton et de l’anacarde) recently lowered the country’s 2024 raw cashew production forecast from 1.25 million tons to 1 million tons. The main reason for the reduction is the poor weather conditions this year. As one of the world’s major cashew producers, Ivory Coast’s cashew production accounts for about 40% of the world’s total supply. In 2023, the country’s raw cashew production was 1.225 million tons. Adama, the association’s director general, Coulibaly also said that Côte d'Ivoire has about 30 cashew processing plants with a total capacity of 350,000. In 2023, the country's local processing rate of raw cashews into cooked cashew kernels was 21%, and about 265,863 tons were processed. A month ago, the Ministry of Agriculture of Côte d'Ivoire announced a suspension of exporters' purchase and export of raw cashews to ensure the supply of local processing plants and promote the development of the ...