Global consumption of coconut is increasing and the opportunity in Cambodia is significant, particularly for growers of mature coconuts.
A mature coconut commands approximately four times the price of coconuts five months younger. However, many farmers are not actively cultivating coconut, or they are harvesting too early. Farmers currently opt for "cash now" rather than waiting for a higher price later.
Domestic supply of younger coconuts is also not meeting the high demand. There is an opportunity to develop local production to capture the market.
Farmers would greatly benefit from training the exchanging of knowledge, and Cambodia’s nationwide economy could benefit from focusing on value-added processing.
The Coconut Working Group is looking to:
Link companies to farmers cooperatives
Identify promising famer groupings and providing training
and quality control measures
Create value addition activities
Work is also underway to establish village-based processing facilities in the Kampot province.
Future value chain interventions are likely to focus on farmer education, better inputs and agronomy and creating market links.
Coco Khmer (lead)
Ministry of Agriculture, Forestry and Fisheries
One Earth Foods
Cambodia Institute for Research and Development (GIRD)
Pacific Asia Holding