Yaoundé - 25 May 2020 -

Cameroon: Banana exports down by over 13,000 tons YoY in Q1-2020

Cameroon: Banana exports down by over 13,000 tons YoY in Q1-2020
  • Comments   -   Thursday, 09 April 2020 15:25

(Business in Cameroon) - In Q1-2020, the volume of banana exported by producers still operating in Cameroon dropped by 13,143  tons. According to figures revealed by the banana producers association Assobacam, during the period under review, the exports stood at 49,818 tons against 62,961 tons in Q1-2019.

This decrease is mainly due to the drop in the exports of plantations du haut Penja (PHP), the local subsidiary of French group Compagnie fruitière de Marseille.

During the period under review, the exports of the leader of Cameroon’s banana market dropped by 12,174 tons (from 58,067 tons in Q1-2019 to 45,893 tons).

Boh Plantations, the second banana exporter still operating in Cameroon, exported 3,925 tons during the said period. This represents a 969 tons year-over-year decrease compared with the 4,894 tons it exported during the same period in 2019.

Assobacam did not explain the drops but, according to some operators, this counter-performance could be due to this year’s dry season which has been harsher than 2019.

Banana is the third export product in Cameroon behind crude oil (over 40% of total exports) and timber (about 15% of total exports).

Brice R. Mbodiam

Medicis Sarl plans to invest XAF5.7 billion for the construction of a haemodialysis centre in Cameroon. To encourage and facilitate the realization of...
On 18 May 2020, the Cameroonian government finally signed a contract for the construction of the country's first 14 electronic toll booths with the...
The Bank of Central African States (Beac) recently published a study titled: “Publication des conditions tarifaires par les banques au Cameroun :...
In 2019, Cameroon generated XAF36.59 billion (+24.32%) of transit revenues on the Chad-Cameroon pipeline, according to figures recently published by the...

Mags frontpage

Business in Cameroon n87: May 2020

Roads, dams, fiber optics, markets... Cameroon’s big projects toward integration

«Central Africa is facing enormous challenges» - AfDB

Investir au Cameroun n97 Mai 2020

Routes, barrages, fibre optique, marchés… Les grands chantiers camerounais de l’intégration

« L’Afrique centrale est confrontée à d’énormes défis » (BAD)