Costa Rica: Palm farmers protest decrease in tariff

The reduction from 30% to 15% in the price of palm oil by decree has caused a face off between farmers and the government.

Wednesday, January 14, 2009

Nacion.com reports: "Alice Pineda, executive director of the National Chamber of Palm Farmers (Canapalma), explained that they were in negotiations with the Government when, surprisingly, they learnt of reduction by decree.

The protests in front of the MAG continue, possibly until next week, Pineda explained."

More on this topic

Oil Palm: Another Victim of Cheap Oil

October 2015

As with other forms of alternative energy, high oil prices in the past boosted investment in oil palm plantations as a basis for the manufacture of biodiesel.

In Central America there are a lot of people who turned towards a highly promising sector, promising even more performance than any other crop.

Palm Oil Production Falls in Asia

March 2016

Drought in Southeast Asia is creating opportunities to export more palm oil to Europe, where the entry of the product is duty free because of the Association Agreement with Central America.

The fall of up to 45% in the production of palm oil in Southeast Asia (the world's leading producer) due to El Niño has opened up an opportunity for Central American countries to export the product to markets such as Europe.

Guatemala: More Palm Oil Plantations

August 2011

Palm oil plantation areas in the country are increasing at an average rate of 8,000 hectares per year.

In an area of 90 hectares, farms are currently producing 140,000 metric tons of oil, of which 100,000 are exported to Mexico and Central America and the rest is consumed in the local market. In 2010, exports totaled $125.7 million.

Guatemala: Fourth Global Palm Oil Producer

October 2013

With an annual production of 350,000 tons of palm oil, only Colombia, Ecuador and Honduras produce more than Guatemala.

The data was disclosed during the First Latin American Palm Growers Congress held in Antigua Guatemala. Statistics reveal that 30% of the production is consumed in the country and the rest is exported as raw materials to Mexico, Central America, Europe and the U.S.

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