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Yaoundé - 24 October 2021 -
Agriculture

Cameroon: Banana exports rose 14% YoY in Sep 2021

Cameroon: Banana exports rose 14% YoY in Sep 2021
  • Comments   -   Thursday, 07 October 2021 12:34

(Business in Cameroon) - In September 2021, banana exporters operating in Cameroon exported 20,471 tons of the product, according to figures recently published by the Banana Association of Cameroon (ASSOBACAM). Compared with the 12,651 tons of banana exported by those operators in August 2021, this represents a 7,820 tons increase month-on-month. Year on year, the volume of bananas exported in September 2021 is up by 14% (2,532 tons). Such achievement was notably spurred by Plantations du Haut Penja (PHP).  

Indeed, according to the published data, this subsidiary of the French group Compagnie fruitière de Marseille exported 17,597 tons of banana in September 2021 (compared to 10,683 tons in August 2021), up 2,237 tons (+14.5%) from the 15,360 tons exported in the same period in 2020. 

At the same time, state firm CDC, which is still struggling to recover from the ravages of the socio-political crisis in Cameroon's Anglophone regions since late 2016, exported 1,580 tons of banana in September 2021, after 1,139 tons a month earlier, and 1,312 tons in September 2020. As for market minnow Boh Plantations PLC, its exports rose from 1,267 tons in September 2020, to 1,294 tons a year later against 829 tons in August 2021.  

This increase in the exports of every market operator foretells a general increase in Cameroon’s overall exports earnings. Indeed, according to government data, banana is one of the ten non-oil products Cameroon exports to the European Union (which is the main destination for Cameroonian banana) the most.  

To boost its revenues from banana exports, Cameroon is planning to increase its annual production to 500,000 tons by 2030, according to the National Development Strategy (NDS 20-30).

Brice R. Mbodiam

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