Free of charge

Cashews: big plans in Cambodia

September 18, 2024 at 11:11 AM , Der AUDITOR
Play report as audio

PHNOM PENH. Cambodia is the second largest exporter of raw cashew nuts, but is barely able to process the raw nuts itself. This is now set to change with a new programme planned by the government.

High exports

As The Investor reports, Cambodia shipped a total of 830,000 mt of RCN overseas in the first seven months of this year, making the country the world's second-largest exporter in this sector. The Cambodian Ministry of Agriculture, Forestry and Fisheries states that the acreage amounts to 580 hectares, with an annual yield of 1.5 mt/ha. As demand is steadily increasing, the government has launched the National Policy on Cashew 2022-2027, which aims to become the world's leading cashew exporter. The endeavour includes the establishment of three modern cashew farming communities in Kampong Thom province.

Domestic production to be supported

The Ministry of Agriculture, Forestry and Fisheries is supporting farmers by providing financial and technical assistance. The aim is to make cashew production in Cambodia more efficient and ensure improved value creation. Although the country exported more than 650,000 mt of RCN worth USD 837 million last year, it can only process around 5% of its annual production itself, according to The Investor. As a result, fresh cashew nuts are primarily exported. By improving production capacity and promoting industrialisation, the planned programme aims to increase cashew harvesting and processing by 25% by 2027 and 50% by 2032. In addition, export markets are to be expanded and competitive advantages improved.

In India, cashew prices have risen noticeably compared to last week. Cashew kernels, W320 are currently trading here at USD 7,960/mt FOB India.

Cashews, India

Type

USD/mt

LP-1 9/15

9,875

LWP

6,615

SWP

5,950

W320

7,960

W450

7,245

FOB India

View more
price charts for edible nuts
price charts for dried fruit, oilseeds, spices and more

Attached Files

File icon
price chart cashews, India

View related articles

Go to the News Overview
Nuts
Jul 16, 2025
DALIAN/SACRAMENTO. Indian importers would rather pay punitive fees than high customs duties on US walnuts and are waiting for the trade agreement to be approved. As was the case last year, labour shortages in the Chinese province of Yunnan could jeopardise the walnut harvest.
Nuts
Jul 16, 2025
FRESNO. Under current conditions, the US can expect a record pistachio crop this season. The situation for exports is less positive, with a significant year-on-year decline.
Nuts
Jul 16, 2025
MANILA. Unlike on the Philippine domestic market, export prices for desiccated coconuts remain stable thanks to strong demand. The situation is similar for coconut oil, and copra prices are even trending upwards.
Nuts
Jul 16, 2025
DALIAN. Pine nut stocks in China are running low, causing prices to rise. Last year's good crop enabled an increase in EU imports.