The cashew nut exports are expected to increase significantly in 2025, with a focus on the European market, a senior official of the Cashew nuts Association of Cambodia (CAC) told Khmer Times.
Approximately 6,000 stores in France have begun selling Cambodian cashews in the first phase.
Vice President of the CAC Suy Kokthean said, “I am fully confident that cashew exports will increase significantly in 2025, as the factories now operating are large-scale facilities with the capacity to produce for export. As a result, overall exports in the cashew sector will experience substantial growth in 2025.”
He said that the European Community (EC) offers many incentives to promote the export of cashew products, and Cambodia has actively participated in exhibitions in Paris with great enthusiasm to showcase its products.
Regarding the Vietnamese market, Kokthean said that Cambodia still maintains contacts and focuses on it because Vietnam is the largest country that buys raw cashews from Cambodia at good prices.
“We continue to maintain relations with Vietnam to sell raw cashew nuts, as Cambodia has not yet reached its full capacity to process them. The next target market is China, as many Chinese investors have recently approached us to purchase both raw and processed cashew nuts,” Kokthean emphasised.
In addition, CAC has been working diligently with private companies, focusing on the European market. Specifically, the association has collaborated closely with sellers from Turkey and expects to expand its presence in the Turkish market next year. This is made possible by the association’s representatives and sales teams in Turkey.
For full article, please read here
Source: Khmer Times
January 01, 2025
