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Cameroon – Agribusiness: Boh Plantations, the small thumb of the banana market in Cameroon, boosts national exports at the end of May 2017

Boh Plantations, the small thumb of the banana market in Cameroon, boosts national exports at the end of May 2017
Written by Gisele Alba

Banana producers serving in Cameroon exported 116 812 tonnes as of 31 May 2017, compared to 116 489 tonnes in the same period in 2016. These statistics, which have just been published by the Cameroon Banana Association (Assobacam), show thus an increase in exports of 323 tons.

This improvement is mainly due to the small thumb of the banana market in Cameroon, Boh Plantations, whose exports increased by 1,166 tonnes compared to the same period in 2016. According to Assobacam, this producer exported 4 939 tonnes of bananas at the end of May 2017, compared with 3 773 tonnes last year during the same period.

On the analysis, the performance recorded by Boh Plantations in the first five months of 2017 can be attributed to the impact of the European Union’s Banana Accompanying Measures (EU), which Cameroon producers have benefited, from the point of view of the Assobacam, “to enable the sector to better meet the challenges of the international market as well as the development and growth objectives set by the Cameroonian government “.

In any case, Boh Plantations’ strong export growth, which operates 260 hectares of banana plantations in the southwestern region of Cameroon, helped to ease the volume declines at the Cameroon Developement Corporation (CDC), a controlled enterprise ty the State and number 2 of the market, and to the plantation company of the upper Penja (PHP), a local subsidiary of the Compagnie Fruitière de Marseille, which controls about 50% of the local banana dessert market.

With overall exports of 70 967 tonnes at the end of May 2017, PHP’s performance was down by 273 tonnes as it exported 71 240 tonnes of bananas during the same period in 2016. At the CDC, the decline in exports is higher, at 570 tons, from 41 476 tons at the end of May 2016 to only 40 906 tons over the same period this year.

As a reminder, bananas are Cameroon’s third largest export product, behind oil, accounting for more than 40% of the country’s total exports, and logs or sawnwood, which accounts for about 15% of Cameroon’s exports.

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Gisele Alba

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