New Pearl Production Quota Regulations for Pearl Farmers
By Sandrine, Friday 30 December 2022 at 20:08 :: Legislation
An amendment to the Pays (Territory) law of July 18, 2017, recently revised, introduces a new framework for determining individual production quotas for pearl farmers.
From now on, the quota will be calculated using the following formula:
Q = R × S (1 + p)
Where:
- Q = Individual production quota
- R = Maximum yield per hectare
- S = Authorized farming area per operation
- p = Specific weighting factor
For 2023, the maximum yield (R) has been set at 2,500 pearls per hectare, in accordance with decisions made during the Pearl Farming Council meeting on June 10.
Objectives of the New Regulation
This updated framework aims to:
Better regulate pearl production in French Polynesia
Balance quotas based on production capacity and available farming areas
Integrate adjustments that account for the specific characteristics of each pearl farming operation
The reform seeks to ensure sustainable and equitable growth in the sector while maintaining the high quality of Polynesian pearls.