loader

Fish : Inevitable Price Hikes

Fresh fish is always present on shopping lists for a majority of households during festive periods.

The rich source of protein, fish, is one of the items that is always present in households’ menu as well as restaurants and hotels. Many types of fish are sold in the economic capital, Douala. Though majority sold are frozen imported ones, a good quantity is also fished from the city’s waters. Youpwe, for example, is a fresh fish market where buyers buy directly from fishermen as from 4am. Buyers are mostly hotel and restaurant operators. The prices of fish in the port city of Douala fluctuate according to availability. 

However, an increase in the prices of fish is always blamed on speculation by importers and wholesalers. According to an assistant in a fish store in the Grand Hangar Market in Bonaberi, James Mbeh, fresh fish from local waters are often more expensive than frozen imported ones. The Youpwe fishermen though carry out artisanal fishing with canoes and boats, equally help to bridge the demand and supply gap which is always the order of the day. Industrial fishers in Douala (foreigners using adequate fishing equipment) sell their catch at the Fish Port situated in the Douala Seaport to fish store owners in cartons of 20 kilogrammes.

Cold store dealers buy a carton of 20kg of fresh bar fish from fishermen at FCFA 50,000 and sell at FCFA 60,000 making a profit...

Partager cet article

Commentaires

    List is empty.

laisser un commentaire

Your special Cameroon Business Today issue in digital version

abonnement I subscribe

Download
app Cameroon Business Today

logo apps