Conarroz investment to reduce levels of imported rice in Costa Rica

Corporación Arrocera Nacional of Costa Rica (Conarroz) will invest 1.73 million dollars to stave off a 10 percent increase in the price of imported rice.

Thursday, July 3, 2008

The Executive announced that a two-kilo bag of rice produced at home will rise by 68 American cents, to $2.44. Although it's higher than before, the price of imported rice will be the same thanks to the Conarroz investment.
International rice prices are much higher than that, and Costa Rica currently imports half of its rice needs.



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More on this topic

Costa Rica: Local Rice Becoming Increasingly Uncompetitive

January 2017

Imports of husked rice grew by almost 200% between the periods 2011-2012 and 2015-2016, and even when paying a tariff of more than 35%, imports easily compete with the subsidized local product.

The competitiveness of imported rice is such that "... it is estimated that for the current period (1 July 2016 to 30 June 2017), purchases will reach 54,000 tons. That is almost three months consumption, in that presentation alone." 

Costa Rica: Local Rice 20% More Expensive than Imported Rice

February 2016

The gap gets bigger and industrialists have once again brought the subject up for discussion by asking for a repeal of the decree which since June 2015 has fixed grain prices in the country.

Despite the fact that since 2009 the international price has been consistently below the local price, in Costa Rica the government insists on protecting producers, who are opposed to the request made by industrialists to eliminate the decree which has kept prices fixed since June 2015. The formal request for derogation was submitted in November 2015 by the National Association of Manufacturers in the Rice Sector (Aninsa).

Costa Rica: Rice Growers Want to Keep Privileges

January 2014

The National Rice Corporation is calling for the system of price regulation that protects domestic production while keeping consumer prices high.

Representatives of the National Rice Corporation (Conarroz) asked the Government to repeal the provision that any regulatory system to determine the price of rice will be eliminated this year as established by a decree issued in May.

Rice Problem in Costa Rica Returns

January 2012

Producers are complaining about the government’s unfulfilled promises to place their crops in the market, and demanding an end to rice imports.

Producers in the Guanacaste area are protesting again, demanding that the government respects a promise agreed last November, which, according to the rice growers, would resolve the placement of more than five thousand tons of rice which has been stored in dry silos, both public and private, since September 2011.

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