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Yaoundé - 17 January 2019 -
Agribusiness

Cameroon’s banana exports dropped by 27,000 tons during S1, 2018 (Assobacam)

Cameroon’s banana exports dropped by 27,000 tons during S1, 2018 (Assobacam)
  • Comments   -   Tuesday, 24 July 2018 13:27

(Business in Cameroon) - By the end of June 2018, Cameroonian banana producers exported 113,600 tons, the Banana producers’ association(Assobacam) revealed. Compared to the 140,930 tons exported during the same period a year earlier, this represents a drop by more than 27,000 tons.

This counter-performance is mainly due to the result of the public agribusiness, Cameroon Development Corporation (CDC) which is the second largest producer and the second largest employer after the civil service.

Indeed, during the period under review, the company’s exports dropped from 50,563 tons a year earlier to 29,600 tons (a decrease by 21,000 tons).

The company’s continuous counter performance (its exports volume dropped further by 19,000 tons during Q1, 2018) is due to the slowdown of its activities because of the violence perpetrated by the Anglophone secessionists against the residents in the Southwest where the company’s rubber and banana farms are located.  

However, CDC is not the only producer whose exports dropped during S1, 2018. Indeed, according to the figures published by Assobacam, the banana market leader Plantations du Haut Penja (PHP)’s exports also dropped. During that period, PHP exported 78,000 tons against 84,167 tons during S1, 2017. This represents a drop of more than 6,000 tons (the equivalent to the exports of Boh Plantation, the banana market minion, during that period).

Brice R. Mbodiam   

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