logoBC
Yaoundé - 08 December 2019 -
Consumption

Cameroon: Fish import dropped by 31.8% to CFA114.3bn in 2017

Cameroon: Fish import dropped by 31.8% to CFA114.3bn in 2017
  • Comments   -   Friday, 14 September 2018 14:58

(Business in Cameroon) - In 2017, Cameroon disbursed CFA114.3 billion to import 181,678 tons of frozen fish, the National Statistics Institute (INS) said. Compared to 2016, this figure reflects a decline by 23.4% in volume and 31.8% in value. Given that in 2013, the country imported 205,295 tons of fish for CFA144.2 billion, the downward trend is -5.6% in volume and -2.9% in value per annum over the period 2013-17.

Over the period under review, 50.6% of import came from African markets (mainly Mauritania and Senegal), while Europe (Ireland) provided 12.9% and Asia (China) 19.6%.

The institute said the import of frozen fish helps meet demand. For the record, the local production was estimated at 218,191 tons in 2016, +3% compared to 2015. To boost the sector, government plans the construction of sales halls, smoking rooms and wharves.

With regards to aquaculture promotion, Cameroon focused on improving the production of hatcheries and fish farms by mastering larval rearing and technical and economic management, as well as the dissemination cage aquaculture techniques, with support from FAO.

S.A

cameroon-new-issuance-of-fungible-treasury-bills-on-beac-market
On December 4, 2019, the Cameroonian Treasury proceeded to the issuance of a 26-week fungible treasury bills on the market of the Bank of Central African...
cameroon-35-of-gas-stations-are-located-in-rural-areas-ministry-of-energy
In Cameroon, 35% of the 835 gas stations in operation as of October 28, 2019 (for the 54 state-approved companies), are located in rural areas. This was...
cameroon-increased-daily-drinking-water-production-by-96-376-m3-between-2018-and-2019
In Cameroon, the national drinking water production increased from 731,080 m3/day to 824,456 m3/day between 2018 and 2019, according to recent data from...
cameroon-safacam-plans-to-invest-xaf3-5-bln-to-extend-its-oil-palm-and-hevea-plantations-in-dizangue
In Cameroon, the Ministry of State’s Property and Land Tenure recently granted an additional 2,000 hectares of land to Société Africaine forestière et...

Mags frontpage


Business in Cameroon n81: November 2019

The growing weight of Moroccan banks in Cameroon


Made in Cameroon products gradually take over supermarkets


Investir au Cameroun n91: Novembre 2019

Le poids croissant des banques marocaines au Cameroun


Le Made in Cameroon progresse dans les supermarchés