Cambodia's rubber products sector generated over $535 million in 2023, with 90% coming from international exports and 10% from domestic consumption. The country's earnings from latex products reached $536 million, including $490.6 million from latex exports, $1.6 million from rubber wood exports, and $43.8 million from domestic rubber consumption. However, export volume decreased slightly due to rising demand from local tyre manufacturers. The increasing number of tyre factories is expected to continue boosting domestic use. The Cambodia Chamber of Commerce vice-president, Lim Heng, believes the presence of tyre factories will positively impact the latex market. The country's total rubber plantation area increased by 0.64% from 2022, with 320,184ha tapped for latex, marking an increase of 4,852ha. The average annual yield rose to 1,228kg per hectare. (ICE BANGKOK)

Fonte notizia: The Phnom Penh Post