Demand for Agricultural Materials Increases

In Guatemala, farmers expect an increase of $10 million in imports of chemicals for the agricultural season 2012, which is an increase of 6%.

Friday, April 20, 2012

The expansion of areas under cultivation, particularly for export, and a forecast of a good winter will push demand for agrochemicals (herbicides, pesticides, fungicides and insecticides) up by an additional 6%.

July Reyna, president of the Guild of the Agricultural Chemical Association (Agrequima), said that imports are expected to grow by about $10 million, reported Prensalibre.com. According to Reyna, by the end of 2012 $170 worth of chemicals will have been imported.

"The price of export products has continued to rise, which has influenced the increase in production areas in the country," said Reyna.



More on this topic

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Figures from the information system on the Central American Fertilizer Market, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]

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Figures from the information system on the the Fertilizer Market in Costa Rica, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]

Latinoamerican and Caribbean agriculture forecast

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The Outlook for Agriculture and Rural Development in the Americas: A perspective on Latin America and the Caribbean 2011-2012.

ECLAC, FAO and IICA press release:

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The initiative will encourage production of beans, rice, and white corn, which are basic to the Costa Rican diet. The idea is to blunt the effects of a possible worldwide food shortage, which has been predicted by some international organizations.

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