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Cambodia exported 670,000 tonnes of cashew nuts in 2022, in line with a report from the Cashew nut Affiliation of Cambodia (CAC).
The export of uncooked cashew nuts to the worldwide market reached 670,000 tonnes, valued at $1.077 billion, the report confirmed, a lower of 34.65 per cent from the earlier 12 months by way of tonnage. Vietnam topped the checklist of patrons, importing 660,000 tonnes, down 37 per cent.
CAC president Uon Silot stated that within the final two years (2021 and 2022), the issues of utmost local weather change and the rising costs of fertilisers, pesticides and fuels have made cashew farmers take losses.
He stated excessive climate situations have diminished cashew yields, noting that the yields they’ve had have been of low high quality and cheaply priced. He added that farmers have lower down 100,000ha of cashew timber up to now two years, and as of the top of 2022, the whole space beneath cashew cultivation was solely 700,000ha.
“To date, if the climate is nearly as good as it’s at present and as predicted by the Ministry of Water Assets and Meteorology, we are able to count on Cambodia to provide between 800,000 and a million tonnes of uncooked cashew nuts in 2023. As for the challenges forward, our market stays unstable as a result of lack of home [nut processing facilities], as we rely solely on uncooked cashew exports,” he stated.
Silot stated the rise within the value of agricultural fertilisers and gasoline remains to be having an impression that makes prices improve. He additionally identified the difficulty that farmers are usually not but united and have no idea the method for drying cashew nuts and so they lack funds, which leads them to promote recent cashew nuts on the similar low-cost value.
Nok Bunthon, president of the Kampong Thom Cashew Affiliation, stated farmers within the province would start accumulating cashew nuts by the top of January, with the height harvest in February.
“This 12 months, the climate appears to be extra beneficial for the cashew crop, which is able to improve the harvest over final 12 months. And the cashew nuts are additionally of excellent high quality. The market remains to be unstable, relying on one dealer: Vietnam. As costs go up or down, it will depend on them. That’s why we wish to arrange extra native processing vegetation to handle this drawback,” he stated.
In Lai Huot, proprietor of Kampong Thom-based Chey Sambor Cashew Nut Processing Handicrafts, stated the shopping for of cashew nuts from farmers in Kampong Thom and Preah Vihear in 2022 decreased on account of climate situations, which additionally diminished their high quality.
“In 2022, our companions had quite a lot of procurement plans, however our enterprise didn’t efficiently apply for the usual and on the similar time the manufacturing and high quality of cashews decreased as a result of climate. The enterprise procured solely 150 tonnes of cashew nuts from farmers,” she stated.
Nonetheless, in line with Silot, cashew timber are sprouting up within the 2023 season one month quicker than the 2021 season, and 6 weeks quicker than final 12 months. This fast sprouting could also be of profit by permitting them to keep away from the salty dew in mid-February, she stated.
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