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Infos Business of Wednesday, 3 September 2014

Source: Ecofin Agency

CMR cocoa down 9% with 206,550 tonnes in 2013/14

At the end of the 2013-2014 cocoa campaign, which officially ended July 15, Cameroon boasts over a marketed production of 209,905 tons, according to the national cocoa and coffee Board.

Subtracting the 3355 tonnes representing the stock at the end of the previous campaign, Cameroonians theoretically produced only 206,550 tonnes during the last campaign, against 1.4 million tonnes in Ivory Coast, the world's leading producer.

According to these statistics, the national cocoa production therefore decreased by about 9%, compared with 228 910 tons officially produced during the year 2012-2013.

Since at least four campaigns, the Cameroon cocoa production has stagnated around 200,000 tonnes, despite the various actions undertaken by the umbrella organisation and the Cameroonian authorities (establishment of a recovery of the sector plan), actions that aim in particular to bring this production to 600,000 tons in the year 2020.

At the origin of this stagnation of production cocoa, despite increasingly interesting purchase prices (between 900 and 1275 FCfa during this campaign according to the Nccb), which support the operators in the sector, the adverse climate change came in addition to the structural problems like aging plantations and producers, difficult access to quality plant material, the lack of mechanization and still inappropriate mastering the techniques of modern treatment of the Orchard