As reported during the latest INC Congress, the global 2022/23 production is anticipated to remain within the same range as last season.
As per the Directorate of Cashew and Cocoa Development (DCCD) in India, there are about 20,000 hectares of new plantations coming into production this year. However, this growing season flowering and fruiting were late by 20 to 25 days due to weather disruptions and therefore, the incoming crop is expected to be around 9% below 2021/2022.
Cambodia was under reported last year. The actual 2021/2022 crop has been estimated to be closer to 600,000 MT and it is forecasted at 550,000 MT for 2022/23. A decrease is expected in the Vietnamese crop, which for this season is anticipated to be around 350,000 MT. Both Cambodia and Vietnam's crops were also late and affected by excess of rainfall, explaining the decrease in size of 8% and 13%, respectively. Based on the number of new plantations with high-yielding trees that are coming into production, the continued growth of the Cambodian crop should be expected. There is potential for Cambodia to become a significant producer of raw material going forward and more investment in shelling and peeling is also expected.
Compared with last year, West Africa's total crop is forecasted 10% up from 2021/22. The crop in Côte d’Ivoire is growing further thanks to the plantings that happened in 2016, which are now coming into full yield, and it is expected to keep growing in the near future. Overall, the general outlook for West Africa is good in terms of production volumes, but the challenge for the region remains the total yield compared with Asia. In this regard, there are a lot of projects ongoing to train the farmers on improved agricultural practices in order to improve the yield of 500 kg per hectare versus 1,200 kg/ha.

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