The new regulations will come into force in July 2017 and state that pesticide registrations can be renewed for equal consecutive periods of ten years and must be processed in the six months prior to their expiration.
Agricultural entrepreneurs expect the newregulationpublished yesterday in the official newspaper La Gaceta to start solving bureaucratic problems that have affected the sector for years, as before now they had to wait several months to complete the process for registering products.
It has been estimated that in 2017 the sector producing and selling agricultural chemicals will achieve a performance similar to that of 2016, having ended the year with growth of 15% in sales.
The dynamism of agricultural activity in the country is the main reason behind the good performance of the agrochemical sector.Although official figures for the close of 2016 are not yet known, entrepreneurs estimate that growth was achieved in sales of around 15%.
In 2015 the countries of the region imported $800 million worth of fertilizers, led by Guatemala, which bought 658 thousand tons, equivalent to $240 million.
Figureson the fertilizers market in CentralAmerica, compiled by the Business Intelligence Unit at CentralAmericaData.com show that imports from all countries in 2015 amounted to 2 million tons, at a value of $803 million.
The Guatemalan National Development Fund has awarded to the company Fertilizantes Maya S.A. a contract for the supply of fertilizers for agricultural use.
An offer was also received from the company Tigsa Fertilizantes S.A. in the amount of $30.2 million, but the award was given to the company that submitted the lowest bid, Fertilizantes Maya S.A., worth $25 million.
The government is considering purchasing food instead of fertilizers for distribution to the public if the projections of drought in the months ahead continue.
According to studies conducted by NASA, this year could see drought conditions similar to those in the last few years, therefore government officials are assessing whether to tenderfoods instead of fertilizers.
A reduction in crop yields due to the lack of rain is affecting the marketing of these products, in cases such as herbicides, there has been a 40% drop in sales.
Less demand for fertilizers, herbicides and other agrochemicals needed to tend crops is causing an increase in inventories kept by marketers and generating greater downward pressure on the price of such products. In the case of fertilizer, so far a drop has been registered of "... between 10% and 15%," ... while in the category of herbicides and fungicides, reports are of "... decreases of up to 40%."
Guatemala's government has awarded two contracts to Disagro for $22 million and Tigsa for $20 million for 1.5 million quintals of fertilizer.
In the process of supply and distribution of fertilizers the rating board of the National Development Fund (FONADES) awarded the security services contract for custody and safekeeping of the product to Serseco on March 27, for $380,000.
In 2012 the country imported $232.5 million worth of fertilizers, a decrease of 6% compared to last year.
CentralAmericaData released its fertilizers imports report for 2012 in Costa Rica. Data includes by CIF totals, Average Weight and Prices, Product Description, Importer, Brands, Countries of Origin, Customs and Import Regimes.
XAGRO (Exportadora Agrícola Nicaragüense S.A.) is a grower, buyer, and exporter of fresh tropical roots, fruits, and coconuts grown in the fertile soils of Nicaragua. Our products are sold to importers, brokers, institutional buyers, food manufactures, and large grocery chains throughout the world. Headquartered in Nueva Guinea, South Caribbean Autonomous Region, sometimes shortened to RACS, or RAAS Nicaragua.
Operates in Nicaragua
Phone: (505) 8993-4549 - (505) 8626-0369