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Agriculture

Heavy rains and exports raise tomato prices on Cameroonian market

Heavy rains and exports raise tomato prices on Cameroonian market
  • Comments   -   Friday, 01 September 2017 15:46

(Business in Cameroon) - In this month of August, an abundance of rain has led to rapid rotting of substantial quantities of tomatoes in the production areas in Cameroon, an agronomist notes. This situation concerning tomatoes for around one month, has created a reduction in supply, whose consequence is an increase in prices on the market.

Also, we observe, in certain markets in the country, a crate of tomatoes has practically doubled in price, if not more. According to households in the Cameroonian capital, for example, one needs to spend between FCfa 11 and 12,000 to buy a crate of tomatoes, which cost only FCfa 6,000 two months ago. The actual inadequacy of supply in the local market is accentuated by massive exports of this fruit to neighbouring countries such as Gabon or even Equatorial Guinea, where the prices are more lucrative than those charged locally, a trader in the capital points out.

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