Kampot pepper looks for a new market

Oct 17th at 13:37
17-10-2018 13:37:31+07:00

Kampot pepper looks for a new market

Cambodia is eyeing new markets for its highly-prized Kampot pepper – the Kingdom’s only product granted official geographical indication (GI) status – as production of the crop continues to increase, the Kampot Pepper Promotion Association (KPPA) said.

KPPA president Ngoun Lay said the group is looking to expand to new markets in South Korea and Hong Kong due to the year-on-year increase in pepper yields.

“We are in discussions with South Korea and Hong Kong to expand our market destinations,” he said.

Kampot pepper’s GI area currently stands at 250ha in Kampot and Kep provinces. Within that area, 200ha have mature pepper plants that can be harvested, Lay said.

Excess supply

“Our stockpiles have kept increasing year-on-year, so we are looking for more buyers to meet our production,” he said, adding that Kampot pepper’s major markets are the EU, the US, Japan and Canada.

KPPA members number 442 farmers, and the body has partnered with 29 private companies to export its product to international markets.

The price of Kampot pepper remains at $15 a kg for black pepper, $25 for red pepper, and $28 for white pepper. The sector generates approximately $1 million in annual revenue, said the KPPA.

GI status products possess certain qualities or a reputation due to their specific geographical origin and are awarded certain protections according to the World Intellectual Property Organisation.

Such products must originate from a certain place and its “qualities, characteristics or reputation should be essentially due to its place of origin.

The qualities must also depend on the geographical place of production and there must be a clear link between the product and its original place of production.

Notable products afforded GI status include Roquefort cheese and Parma ham.

phnompenh post



NEWS SAME CATEGORY

Chinese imports are the salt of the Earth

Cambodia will ink an agreement with China next week to import 30,000 tonnes of salt by the end of November, said co-president of the Kep-Kampot Salt Producers...

Exports of rice fall in first nine months

Casmbodian rice exports fell 8.4 per cent from 421,966 tonnes in the first nine months of last year to 389,264 tonnes in the same period this year, said the...

Fuel prices set to put pressure on inflation

Increases in environmental protection taxes on petroleum from the beginning of next year would weigh heavily on inflation, especially as fuel prices rise worldwide...

Government explains petrol price jump

The retail price of petrol in Cambodia has increased for the third straight month, upsetting many who work in low-paying jobs, such as tuk-tuk drivers.

First shipment of Kingdom bananas to China underway

Longmate Agriculture Co Ltd, a joint venture between local, Chinese and Hong Kong investors, is set to send some 30,000 tonnes of its maiden banana export to China...

Kingdom monitors pig imports amid outbreak

While African swine fever, a virus that affects pigs has broken out in China and seems to be spreading across the region, the Cambodia Livestock Raisers Association...

Tobacco worth over $2M exported to VN last year

Cambodia exported more than 1,000 tonnes of dry tobacco leaves to Vietnam last year, valued at more than $2 million. The figure marks a 24 per cent increase from...

Cashew sector pared down as farmers change crops

Cashew nut production in the Kingdom declined by more than 50 per cent in the three years leading up to last year, as farmers followed the market by switching to...

Domestic pig supply not enough to meet demand

After Vietnamese imports fell over the past few months, pig prices have stayed stable, though industry insiders say the domestic supply is not enough to meet the...

Swiss firm Nestle seals deal to market Starbucks coffee

Nespresso maker Nestle on Tuesday said it has sealed a deal to market the products of US coffee giant Starbucks around the world, outside of its cafes.


MOST READ


Back To Top