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Dekel Agri-Vision PLC on Monday said it expects increased revenue for its palm oil operation, as stronger pricing offset a drop in production. For 2025, the West Africa-focused agricultural company expects palm oil revenue from its Ayenouan project in the Ivory Coast to be around 5% higher than in 2024. Dekel attributed this to ‘strong’ pricing for crude palm oil and palm kernel oil, which offset a 16% on-year drop in CPO production to 21,128 tonnes from 32,498 tonnes. CPO sales volume, meanwhile, fell by 17% to 27,039 tonnes from 32,491 tonnes. ‘This year represented the lowest harvesting environment we have historically experienced,’ Dekel said. ‘Periods of lower production have historically been cyclical, and we expect an uplift in production as we shortly re-enter the high season, which typically commences in late January.’ The CPO sales price increased 23% to €972 per tonne, while PKI prices surged by 52% to €1,252 per tonne. In both cases, international prices remained strong, as the ‘weak harvesting year’ led to local supply shortages. Over at Dekel’s cashew nut processing plant, also in the Ivory Coast, cashew production more than quadrupled to 1,360 tonnes from 311 tonnes the year before. Cashew sales more than tripled to 1,280 tonnes, and the amount of raw cashew nut processed nearly quadrupled to 5,606 tonnes. The significant improvements in its cashew operation, Dekel said, were largely due to the successful installation of additional shelling and peeling equipment. The average sales price increased 23% on-year to €4,800 per tonne of peeled cashews, up from €3,900. ‘In FY 2025, palm oil revenues increased by approximately 5% year-on-year, driven by higher CPO and PKO prices, with all production sold despite lower volumes. The cashew operation delivered a strong improvement in performance, with significant gains in production, sales volumes, and pricing, reflecting enhanced efficiency and more favourable cashew prices. ‘With additional cashew production capacity commissioned in late H2 2025, the cashew operation is well positioned for further growth in 2026.’ Shares in Dekel Agri-Vision climbed 11% to 0.50 pence each on Monday in London. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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