Rédaction Africa Links 24 with Casimir Kpedjo
Published on 2024-03-26 18:52:14
The Cotton sector has bright days ahead of it. This is evidenced by the lyrical improvements in its yield over the past five years. 1,032 kilograms/Hectare (kg/ha) in 2019, 1,074 kg/ha in 2020; a little more in 2021 and 2022, according to the document on the export of agricultural products and self-sufficiency rates in certain products in 2022 in Benin. Maep. Cotonou, Benin.
Benin is thus surpassing its own performances from the years before 2016. In fact, from 2017 to 2022, the value of cotton exports represented 54.8% and 78.2% respectively of the total export value (all products combined) and the total export value of vegetable origin products. A record translated into local currency of over 709 billion FCFA thanks to the dexterity of the cotton magnates. Patrice Talon and his running mate in agricultural production, Mathieu Adjovi promise even more dazzling financial adventures.
Cotton is the most important export product in Benin. This statement is taken from the document on “Export of agricultural products and self-sufficiency rates in certain products in 2022 in Benin. Maep. Cotonou, Benin”. Indeed, the total value of cotton exports in 2022 is 362.39 billion FCFA compared to 347.09 FCFA a year earlier, an increase of 4.41%. From 2017 to 2022, the value of cotton exports represented respectively 54.8% and 78.2% of the total export value (all products combined) and the total export value of vegetable origin products.
Cashew exports represented in value 6.61%, 4.92% respectively in 2021 and in 2022 of the value of agricultural exports in Benin. This share is in clear regression compared to the average from 2017 to 2022 which is 12.07%. The value of cashew exports, which was 26.94 billion FCFA in 2021, decreased and dropped to 20.62 billion FCFA in 2022 and for an average from 2017 to 2022 of 41.69 billion FCFA. The share of shea butter in the value of agricultural exports makes it the third agricultural export product in Benin. From 2017 to 2022, its average share is 4.36% for an average value of 15.33 billion FCFA during the period.
Between 2021 and 2022, the value of shea butter exports experienced a significant drop of 45.0%. Its value, which was 13.45 billion FCFA in 2021, is estimated at 7.41 billion FCFA in 2022, according to the same source. In value, soybean is the fourth vegetable export crop. Its average share in vegetable exports from 2017 to 2022 is 1.26%. Its value increased by 12.45% between 2021 and 2022. In fact, the value of soybean exports, which was 5,400,298,689 FCFA in 2021, increased to 6,072,780,614 FCFA in 2022 above the average value from 2017 to 2022 which is 4,504,400,624 FCFA. As for pineapple, there is an increase of nearly 37% in 2022 in the value of its exports compared to 2021.
Read the original article(French) on Benin Web TV
