According to the outlook, cotton from Burkina Faso will experience the highest tariff for 5 years. The sector is on the way to recovery.
The Ministry of Industry, Trade and Handicrafts of Burkina Faso has set the transfer price per kilogram of seed cotton at 270 FCFA for the 2021/2022 campaign. This tariff marks an increase of 30 FCFA compared to the previous campaign and signs the highest remuneration over the last 5 campaigns.
In 2021/2022, the country hopes to achieve a production of 629,500 tonnes, its second best performance since 2016/2017. During the past campaign, the country of honest men produced around 492,600 tonnes of seed cotton in 2020/2021, i.e. a stock revised upwards compared to the first estimates for April (472,000 tonnes).