Cambodia's cashew exports surge, 870,000 tons in 8 months

Published 2024년 10월 9일

Tridge summary

In the first eight months of the year, Cambodia's cashew exports reached 870,000 tons, with 800,000 tons exported to Vietnam, generating about US$1.2 billion in revenue. After a price drop in February, the association dried cashews, resulting in a rise in price. The Ministry of Agriculture, Forestry and Fisheries has recorded a cashew planting area of 700,000 hectares in Cambodia, with a yield of approximately 58 tons per hectare. The Cashew Association predicts a decrease in Cambodia's cashew exports in 2023, with a projected volume of 656,000 tons and a value of US$837 million, both showing year-on-year decreases.

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Original content

Ensilo, chairman of the Cambodia Cashew Association, recently said that in the first eight months of this year, Cambodia's cashew exports reached 870,000 tons, of which 800,000 tons were exported to Vietnam, with an export value of about US$1.2 billion. Ensilo pointed out that after the price of cashews fell in February this year, the association members began to dry cashews. This move has caused the price of fresh cashews to rise. It is worth noting that in the past 15 years, the price of fresh cashews in April has never risen. Currently, the price of cashews has begun to fall and is now US$1,570 per ton. According to the announcement of the Ministry of Agriculture, Forestry and Fisheries, the current cashew planting area in Cambodia has reached 700,000 hectares, and the yield per hectare is about 58 tons. According to statistics from the Cambodia Cashew Association, there are currently 10 provinces that grow cashews, namely Kampong Thom, Ratanakiri, Kampong Cham, Mondulkiri, ...

Source: Foodmate