Cambodia Set to Make Waves in Cashew Production in 2024

• 8 January 2025
• Property Focus
• 2663 Views

In an exciting development for the agricultural sector, Cambodia produced an impressive 850,000 tons of cashew nuts in 2024, marking a remarkable 26% increase compared to last year. The news comes from the Cambodian Cashew Association, highlighting the nation’s growing prominence in the global market.

With exports projected to exceed USD 1.1 billion, the cashew industry is set to play a pivotal role in Cambodia’s economy. In 12 months of 2024 alone, Cambodia successfully shipped 793,453 tons of cashew nuts predominantly to Vietnam, underscoring the strong demand for this essential crop.

Uon Siloth, President of the Cambodian Cashew Nut Association, shared insights about the industry’s structure. There are 50 cashew processing enterprises in the country, including six medium-sized factories capable of producing between 7,000 and 14,000 tons annually. The remaining 44 operations are small, family-run businesses primarily engaged in traditional handicraft production.

The expanding cashew cultivation area, which is expected to reach approximately 580,117 hectares by 2024, bodes well for the industry. Cashew nuts are known for their excellent shelf life, making them a staple for domestic consumption and international trade. (Read more)

As Cambodia continues to invest in its agricultural capabilities, the nation’s cashew industry is positioned to boost local livelihoods and enhance its standing in the global market. With such promising developments, all eyes will be on Cambodia’s cashew exports in the coming year.

• Business and Market
• Economy and Finance
• Agriculture and Aquaculture Project