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Cameroon

Plantations du Haut Penja reports higher banana exports in Q1 2022

Banana exporters in Cameroon sold a total of 57,573 tons during the first three months of 2022. Compared to the 54,900 tons sold in the first quarter of 2021, this makes an increase of 4.8% YoY.

This performance is, according to data from the Cameroon Banana Association (Assobacam), driven by Plantations du Haut Penja (PHP), which is the only local producer that experienced an increase in its exports over the period. Assobacam revealed that PHP alone exported 49,088 tons of bananas in Q1 2022, up 3,566 tons from the 45,522 tons in Q1 2021. The other two banana producers in the country saw their exports decline during the period.

Cameroon Development Corporation, which has been slow to recover from the Anglophone crisis, exported 4,591 tons at the end of March 2022, down 726 tons compared to 5,317 tons at the end of March 2021.

Source: businessincameroon.com


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