In July 2023, banana producers operating in Cameroon exported 11,764 tons of the fruit. This volume is down by 1,439 tons year-on-year, or 10.9% in relative terms. This relative underperformance was mainly due to the performance of market leader Plantations du Haut Penja (PHP), a subsidiary of French group Compagnie fruitière de Marseille.
In July 2023, PHP achieved its lowest export volume since 2022. Specifically, it exported just 8,714 tons of bananas in July 2023, down 1,727 tons (-16.54%) year-on-year. This is the second time its export volumes comes below the 10,000 tons mark this year. The first time, it recorded 9,761 tons (in May 2023).
Source: businessincameroon.com
