Data published by banana association Assobacam show that Cameroon exported 95,623 tons of bananas in the first half of 2023. Year-on-year, the performance is down by 14,468 tons (-15%). From the figures, it appears that the overall decline is due to the slowdown in the activities of market leader Plantations du Haut Penja (PHP), the Cameroonian subsidiary of French group Compagnie Fruitière de Marseille.
Over this period, PHP exported 76,021 tons of bananas, down 15,879 tons (-20%) compared to the 91,900 tons it exported in H1 2022. Unlike PHP, state-owned agribusiness corporation CDC recorded a rise in its banana shipments abroad during the period.
The corporation, which is the second largest employer after the civil service, exported 13,677 tons of bananas in H1-2023 against 10,393 tons a year earlier. This represents a 23% (3,284 tons) rise.
Source: businessincameroon.com