According to data compiled by the Banana Association of Cameroon (Assobacam), banana exporters operating in the Cameroonian market exported 17,258 tons of the product in February 2021. Compared with the 14,965 tons exported in February 2020, this performance is up by 13.28% year-on-year.
This rise in banana exports was spurred by the performance of all the three main market players whose data are compiled by the Assobacam. Indeed, the banana exports of Plantations du Haut Penja (PHP), a local subsidiary of the French group Compagnie fruitière de Marseille, rose from 13,847 tons in February 2020 to 14,233 tons in February 2021, representing an increase of 386 tons (+2.71%) between the two periods.
During the same period, the state-owned company Cameroon Development Corporation (CDC) once again became the second largest producer in the market. In February 2021, the agro-industrial sector exported 1,785 tons of bananas, while in the same period in 2020, bananas were not in the banana exporter database. In September 2018, due to attacks by armed groups, an atmosphere of insecurity prevailed in the English-speaking areas, forcing it to cease operations in September 2018.
Source: businessincameroon.com
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