Tuesday, May 30, 2023
Khmer Daily Cambodia News
34 °c
Phnom Penh
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
The Khmer Daily
No Result
View All Result
Home ASIA Cambodia

Why Cambodia Kampot pepper exports down 50% compared to last year?

November 13, 2022
in Business, Cambodia, National
0
Why Cambodia Kampot pepper exports down 50% compared to last year?
0
SHARES
8
VIEWS
Share on FacebookShare on Twitter

In the third quarter of 2022, Kampot pepper exports were only 57 tonnes, down 50 percent compared to the same period last year, which was more than 100 tonnes, according to the latest report of the Kampot Pepper Promotion Association (KPPA)

Nguon Lay, president of the Kampot Pepper Promotion Association, told Khmer Times that due to the Russian-Ukrainian war crisis and the appreciation of the US dollar, the export of Kampot pepper, a GI product, to the market.

Internationally this year has declined significantly. The Kampot pepper market this year has been tight, while the local market for tourists has not recovered.

Lay said the drop in exports was due to the effects of the war between Russia and Ukraine and the weakening of the euro, which had hurt exporters, causing them to delay buying from farmers.

“Our main markets go to Europe, the United States, Japan, South Korea, Hong Kong, Taiwan and the Czech Republic, which used to export a lot but are now stuck due to the Ukraine war, causing exports to fall further. This year, we also took 30 kilograms to Russia a few months ago, but now it is quiet. If we get another Russian market, it will be wider.”

According to the association, Kampot pepper production is estimated at 106 tonnes in 2022. But the pepper harvest is not 100 percent complete yet, so the company can order and export later. The price remains the same: black pepper at $ 15 per kilogram, red pepper at $25 per kilogram and white pepper at $28 per kilogram.

Lay went on to add, “The drop in exports had severely affected smallholder farmers as they had to pay for labour and cultivation maintenance, which is why some farmers have decided to sell pepper at lower prices under the market without using the name Kampot pepper. Meanwhile, large companies growing large tracts also suffered losses.”

According to the KPPA report, in the last nine months, Cambodia exported more than 33,000 kilograms of Kampot pepper to major markets, including France, 1,253 kilograms, Canada, more than 900 kilograms, the United Kingdom. 483 kg, Germany more than 11,000 kg, Japan 405 kg, Korea 840 kg, Czech over 7,000 kg, Singapore 50 kg, Switzerland 290 kg, Sweden 395 kg, Taiwan 15 kg, Kazakhstan more than 22 kg, the Netherlands 110 kg and Lithuania 389 kg.

Currently, there are 377 members of Kampot Pepper Promotion Association and 30 members of companies.

This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.

Tags: CambodiaKampotKampot pepperPepper
Previous Post

Chip Wars: Computer chip ban signals new era as Joe Biden, Xi Jinping meet at G20

Next Post

2 Buildings collapse in French town, a doctor missing

Related Posts

Chinese tiremakers bet on recovery via new plants in Cambodia

Chinese tiremakers bet on recovery via new plants in Cambodia

by Khmer Times
May 30, 2023
0
0

Manufacturers in China, the world’s largest producer and exporter of tires, are building factories abroad in an optimistic mindset to...

Cambodia Mekong River cruise business ‘slowly’ getting back on track

Cambodia Mekong River cruise business ‘slowly’ getting back on track

by Khmer Times
May 30, 2023
0
0

Mekong River cruise business is getting back on track, but at a slow pace, according to a prominent player in...

$2 million electric motorbike assembly plant in Cambodia by Verywords Co Ltd launched

$2 million electric motorbike assembly plant in Cambodia by Verywords Co Ltd launched

by Khmer Times
May 30, 2023
0
1

South Korean eco-friendly electric two-wheel vehicle supplier Verywords Co Ltd inaugurated its plant to assemble electric scooters in Kandal province,...

Most Popular

2 Chinese tourists’ naked bodies found in Bali hotel

2 Chinese tourists’ naked bodies found in Bali hotel

May 6, 2023
221
Oriental Bank Plc, new commercial bank in Cambodia, to enter market ventured by G Capital Bhd, Public Bank Bhd, E S Packaging

Oriental Bank Plc, new commercial bank in Cambodia, to enter market ventured by G Capital Bhd, Public Bank Bhd, E S Packaging

December 12, 2020
3.6k
Harry takes a seat at coronation, but no balcony appearance

Harry takes a seat at coronation, but no balcony appearance

May 8, 2023
6
At least 146 dead, 150 injured in stampede during Halloween festivities in Seoul

At least 146 dead, 150 injured in stampede during Halloween festivities in Seoul

October 30, 2022
116
China urges Australia to help find crew of capsized fishing boat

China urges Australia to help find crew of capsized fishing boat

May 19, 2023
4
Dara Sakor International Airport in Koh Kong province of Cambodia delayed due to unfinished construction

Dara Sakor International Airport in Koh Kong province of Cambodia delayed due to unfinished construction

May 19, 2023
4

© 2020 By Khmer Daily News

No Result
View All Result
  • Home
  • Latest
  • Cambodia
  • ASIA
  • World
  • Business
  • Tech

© 2019 The Khmer Daily.

error: Content is protected !!