(Business in Cameroon) - State-owned agribusiness corporation Cameroon Development Corporation (CDC) exported 9,521 tons of banana since June 2020 when it resumed exports, according to the Banana Association of Cameroon (Assobacam). This is significantly lower than the about 113,610 tons it exported in 2016.
Comparatively, the largest volume of banana it exported within a month since its resumption was 1,785 tons, in February 2021, while in 2016, it exported an average of 9,467.5 tons monthly.
All these figures are proof of the toll the anglophone crisis, raging since late 2016, took on the agribusiness giant that exploit banana plantations, oil palms, and hevea trees in the Southwest and the Littoral.
Banana exports Cameroon drop to 17,258 tons in Feb 2021
According to data compiled by the Banana Association of Cameroon (Assobacam), banana exporters operating in the Cameroonian market exported 17,258 tons of the product in February 2021. Compared with the 14,965 tons exported in February 2020, this performance is up by 13.28% year-on-year.
This rise in banana exports was spurred by the performance of all the three main market players whose data are compiled by the Assobacam. Indeed, the banana exports of Plantations du Haut Penja (PHP), a local subsidiary of the French group Compagnie fruitière de Marseille, rose from 13,847 tons in February 2020 to 14,233 tons in February 2021, representing an increase of 386 tons (+2.71%) between the two periods.
Banana exports Cameroon down 466 tons year-on-year Jan 2021
Banana producers operating
in Cameroon exported 20,496 tons of banana In January 2021, says data published by the Banana Association of Cameroon (ASSOBACAM). This volume is down 466 tons compared with the 20,962 tons exported in 2020.
This decline in exports, despite the resumption of the operations of Cameroon Development Corporation-CDC (the state-owned company which only restarted operations in June 2020 after several months of suspension) is due to the performance of market leader Plantations du Haut Penja.
PHP’s exports fell by 1,758 tons year-on-year ( from 19,253 tons in January 2020 to 17,495 tons in 2021). Between the two periods, the exports of market minnows Boh Plantations also decreased by 240 tons (from 1,709 tons in January 2020 to 1,469 tons in January 2021).