Norberto Suárez of the National Association of Coffee Processors and Exporters of Panama, stated that "…the increase in the FOB value is exceptional."
"... Suarez clarified that smaller amounts are being traded, although at higher prices. Quintal value increased from $ 180 to $ 210, but coffee plantations have been reduced by 60% in the last 15 years," informed an article in Prensa.com.
Exporters project an increase of $ 300 million for this year compared to 2010.
The director of the Export Procedures Center (CETREX), Jorge Molina, said the projected increase for this year is based on the average growth of the past seven years, which was 15%.
"In 2010, according to preliminary data CETREX published on its website, the value of exports was 1,920.06 million dollars, 450 million Dollars more than in 2009, year in which exports declined compared to 2008," reports Laprensa.com.ni.
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