logoBC
Yaoundé - 30 November 2021 -
Agriculture

Cameroon: Banana exports dropped by 22.11% YoY in Apr 2021 (ASSOBACAM’s data)

Cameroon: Banana exports dropped by 22.11% YoY in Apr 2021 (ASSOBACAM’s data)
  • Comments   -   Friday, 07 May 2021 16:23

(Business in Cameroon) - Banana producers operating in Cameroon exported 13,186 tons of the fruit in April 2021, according to the Banana Association of Cameroon (Assobacam). This volume is down by 2,916 tons compared with the 16,102 tons exported in April 2020.

This 22.11% drop is recorded despite the additional 1,354 tons of banana exported during the month under review, by state-owned group CDC, which was absent from the market in April 2020.

That counter-performance was due to the performance of market leader Plantations du Haut Penja (PHP) and current market minnow Boh Plantations Plc.

Specifically, in April 2021, PHP exported 10,817 tons of banana, down by 4,148 tons compared with the 14,965 tons it exported in April 2020. As for Boh Plantations Plc, in April 2021, its banana exports dropped by 122 tons (from 1,137 in April 2020 to 1,015 tons in April 2021).

Assobacam provides no reasons to explain the overall drop but, we can hypothesize that it is due to this year’s dry season, which is tougher than the last. There is also the coronavirus pandemic that has affected logistics chains worldwide, therefore hampering international trade.

Brice R. Mbodiam

cameroon-government-to-raise-xaf184-bln-from-the-local-banking-sector-in-2022
Cameroon plans to raise XAF184 billion from the local banking sector in 2022, the 2022 draft bill currently being reviewed by the parliament reveals....
cameroon-sabc-group-contributes-xaf1-bln-for-the-implementation-of-noso-reconstruction-plan
In its capacity of executing agency for the reconstruction of the Northwest and Southwest, the UNDP resident representative signed a XAF1 billion...
subcontracting-the-cameroonian-electricity-sector-provides-xaf40-bln-annual-revenue-to-700-local-smes-smis
The 700 local firms offering subcontracting services in the Cameroonian electricity sector generate XAF40 billion turnover annually. The figure was...
south-korea-to-invest-xaf4-bln-for-the-construction-of-3-digital-campuses-in-cameroon-in-2022
South Korea will invest XAF4 billion for the construction of three digital campuses in Cameroon in 2022, according to Jonghan Kim, South Korean ambassador...

Mags frontpage


Business in Cameroon n105: November 2021

Forget cash, Cameroonians are in on e-money!


Erwan Garnier: “Clearly, the Cameronian hospitality sector will develop”


Investir au Cameroun n115: Novembre 2021

Adieu le cash Les Camerounais s’emparent de la monnaie électronique


Erwan Garnier: « Le secteur hôtelier camerounais va clairement se développer »

  1. Most read 7 days
  2. shared 1 month
  3. read 1 month
next
prev