logoBC
Yaoundé - 28 March 2024 -
Agriculture

Cameroon : this season, cocoa production could be higher than that of the last season, CCC reveals

Cameroon : this season, cocoa production could be higher than that of the last season, CCC reveals
  • Comments   -   Thursday, 14 June 2018 15:59

(Business in Cameroon) - By May 2018, the total cocoa exported by Cameroonian producers during the current campaign was estimated at about 220,000 tons. This was revealed by authorized sources during the review of the 2017-2018 cocoa campaign organized by the Cofee-cocoa council.

At this rate, by July 2018, when the campaign should end, the volume produced could be higher (or equal in the worst cases) than the 231,642 tons produced during the last season. According to our sources, this estimate is far below the real production in view of the security challenges in the Southwest which is one of the largest production basin.

Indeed, many producers abandoned their farms, fleeing combats between the armed forces and the secessionists. According to these sources, due to these security reasons, the fraudulent exports with neighboring Nigeria have increased.

They further reveal that they do not expect the cocoa quality to improve significantly this season despite the numerous measures taken by government and exporters in that regard. As for the price, it is below CFA1,000 per kilogram; far below the CFA1,500 it used to be.

Brice R. Mbodiam

eu-pledges-over-cfa12bn-for-entrepreneurship-and-electricity-access-support-in-cameroon
The EU agreed to disburse over CFA12 billion to support growth-driven projects in Cameroon. The two related deals were signed in Yaoundé on March 26...
central-africa-set-for-highest-economic-growth-in-a-decade-amid-inflation-concerns
Growth within the Cemac region is expected to peak at 3.6% this year, according to the estimates of Beac’s Monetary Policy Committee (MPC), which met on...
mtn-cameroon-sees-record-growth-with-cfa325-7bn-revenue-in-2023-amid-market-challenges
MTN Cameroon reported a robust revenue of CFA325.7 billion for 2023. According to data released on the Johannesburg Stock Exchange in South Africa, this...
cameroon-s-customs-enforces-air-cargo-regulations-threatens-fines-for-non-compliance
Edwin Fongod Nuvaga, the Director-General of Customs in Cameroon, has issued a reminder to airlines about their obligations to comply with standard...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »