Banana exports down 23.6% in April

According to the national banana association Assobacam, Cameroon’s banana exports dropped by 4,319 tons YoY (-23.6%) in April 2023. April seems to be the worst month of the year so far, with declines of -1.6% in January and -2% in February. The data provider did not give reasons for this poor performance, but low production due to increasingly dry seasons (January-March) and high international input costs could be factors. All three major players in the sector have seen their exports decrease, with the market leader Plantations du Haut Penja (PHP) experiencing the largest drop. In April 2023, PHP exported only…