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Raw material: marked increase in cotton and cashew production

07/06/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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The director general of the Ivorian Cotton and Cashew Council, Adama Coulibaly announced at a conference organized on Tuesday in Abidjan, an increase in cotton and cashew production.

The director general of the Ivorian Cotton and Cashew Council, Adama Coulibaly said at a conference that during the 2023-2024 season, a rise in cotton production was recorded during the 2023-2024 season, a gain of 111,736 tons compared to the PR& recent campaign. In the cashew industry, production has only shown an upward curve since 2015 to reach 1,225,935 tonnes in 2023

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According to the CEO, the Ivorian cotton sector recorded a production of 347,922 tons for the 2023-2024 campaign, against 236,186 tons in 2023-2024, against 236,186 tons in 2022—23. Ivory Coast represented 40% of the world supply for the cashew nut industry. The cashew industry contributes to 7% of the country's gross domestic product (GDP)

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