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Yaoundé - 26 February 2021 -
Agriculture

Cameroon: Banana exports were down by 466 tons YoY in Jan 2021

Cameroon: Banana exports were down by 466 tons YoY in Jan 2021
  • Comments   -   Friday, 05 February 2021 00:55

(Business in Cameroon) - In January 2021, banana producers operating in Cameroon exported 20,496 tons of banana, according to figures published by the Banana Association of Cameroon (ASSOBACAM). This volume is down by 466 tons compared with the 20,962 tons exported by the operators in 2020. This decline in exports, despite the resumption of the operations of Cameroon Development Corporation-CDC (the state-owned company which only restarted operations in June 2020 after several months of suspension) is due to the performance of market leader Plantations du Haut Penja (PHP).

Indeed, according to official figures, PHP’s exports fell by 1,758 tons year-on-year ( from 19,253 tons in January 2020 to 17,495 tons in 2021). Between the two periods, the exports of market minnows Boh Plantations also decreased by 240 tons (from 1,709 tons in January 2020 to 1,469 tons in January 2021).  

But for the resumption of CDC’s operations, the decline in banana exports in January 2021 would have been even more pronounced.

Despite this drop (probably due to the dry season), the country’s banana exports could rise in the coming months. Indeed in the months following its activity resumption, CDC’s banana exports have been rising gradually. From 301 tons of banana exported in June 2020 after it resumed operations, the state-owned company’s banana exports rose to 1,500 tons in January 2021.

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