Despite losing its duty-free export status in the EU, the Kingdom’s rice exports saw a six per cent increase in the first quarter of this year compared to the same period last year, according to figures released by the Secretariat of One Window Service for Rice Export Formality.
Despite real concerns that African swine fever (ASF) will spread to the Kingdom after a recent outbreak in Vietnam, local pig prices have continued to increase over the last few months, the Cambodia Livestock Raisers Association (CLRA) said on Thursday.
Cambodia has been called “the Kingdom of black pepper production”, with Tbong Khmum province a major production hub despite the struggles the industry is currently facing.
The Minister of Industry and Handicraft will hold a meeting with the Kingdom’s salt community in Kep and Kampot provinces next week to discuss the industry’s challenges, ministry spokesman Oum Sotha said.
Mango production is expected to decrease this year as climate change severely impacts yields, according to a mango association in Kampong Speu province – the Kingdom’s largest regional producer of the fruit.
Cashew nut prices saw a five per cent drop compared to last year due to more supply than demand at the beginning of the harvest season in Kampong Thom province – the Kingdom’s largest regional producer of the nut – according to provincial authorities.
The Kingdom’s rice exports saw little change during the last three years to 2018 as the sector appears to face new challenges requiring the government and private sector to work harder to keep the industry healthy.
Rice exports last month were five per cent lower than in January last year, after a full year of decline in 2018. However, a sector insider said it is not a major concern because it is only the beginning of 2019.
The trend of longan cultivation in Pailin Province continues to expand as farmers see the fruit as more and more profitable, according to provincial Department of Agriculture deputy director Im Sophoeun.
Yields of Kampot pepper, which was awarded geographical indication (GI) status in 2016, are projected to increase in the upcoming harvest season despite forecasts of heavy drought, the Kampot Pepper Promotion Association (KPPA) said on Sunday.