Fertilizer Imports on the Rise
AKP Phnom Penh, May 08, 2020 --
Cambodia imported some 1.2 million tonnes of fertilizer and pesticide in 2019, a year-on-year increase of 9 percent, according to a report from the Ministry of Agriculture, Forestry and Fisheries.
The imported fertilizer was amounted to 1.14 million tonnes while the pesticide import to 810,000 tonnes, pointed out the report.
H.E. Veng Sakhon, Minister of Agriculture, Forestry and Fisheries, said that the increasing demand of fertilizer and pesticide reflects the real situation of agricultural development in Cambodia.
However, the potential demand for fertilizer for agricultural crops does not seem to attract investments in fertilizer production for domestic supply he said, mentioning some challenges such as high cost of electricity and lack of some main raw materials for producing fertilizer which need to be imported.
“Agricultural production increased to about 40 million tonnes [in 2019] of every kind of agricultural crops because farmers use fertilizer. So we need much fertilizer to feed crops for growing and increasing yields,” H.E. Veng Sakhon said.
The ministry has been working to deal with the facing issues in order to attract investments to produce fertilizers locally to supply domestic demand, H.E. Veng Sakhon affirmed.
Cambodia imports fertilizer mainly from Thailand, Vietnam, and China.
Some 226 companies were licensed to import fertilizer and pesticide to the Kingdom last year.
By Chea Vannak