Papua New Guinea’s rise in the global vanilla market has been impressive to date as Canadian global vanilla buyer Aust & Hachmann has predicted PNG could be second behind Madagascar in the world this year.
In its May report released last week, Aust & Hachmann made the prediction based on improvements set out by government interventions and local farmer awareness on the importance of quality in harvesting.
The prediction has been evident in the country with increasing economic activity brought on by farmers of the commodity currently booming in areas like the Sepik region.
“PNG vanilla production has expanded impressively throughout the most recent vanilla crisis and the government finally seems to realise the value the crop brings to the economy,” the report said.
“Hence the crackdown on smuggling to Indonesia as previously referenced.
“There is strong demand for PNG gourmet vanilla and inroads are being made in the extraction market as well, albeit on a much smaller scale than bourbon vanilla.
“Although PNG does produce some Planifolia type vanilla we feel the Tahitensis product has much greater potential as the flavour and fragrance profile is completely unique to this origin.”
Source and More Info: https://postcourier.com.pg/pngs-vanilla-crop-ranks-second-best-globally-report/