Growing Demand in Europe for Costa Rican Liquor

In the last four years exports of distilled spirits and ethyl alcohol to Europe have tripled.

Monday, November 18, 2013

Improvements in both the quality and productivity have allowed Costa Rican companies to increase their presence not only in America but also in Europe.

Elfinancierocr.com reports: "Interestingly, on the website of Economics Trading Indicators - used as a reference by the Costa Rican Oil Refinery (Recope) - it states that the international prices of ethanol (ethyl alcohol) decreased 16.6 % in the last 12 months " . This means that despite the drop in prices, Costa Rican exports increased.

The mills Ingenio Taboga and Central Azucarera del Tempisque (Catsa) are the major manufacturers in the country which supply the National Liquor Factory (Fanal) and export the rest.

Data from the Foreign Trade Promotion Office (Procomer) reveals that during the first nine months of 2013, exports of ethyl alcohol generated revenues of $71 million.



More on this topic

Illegal Alcohol in El Salvador

May 2015

The value of illegal sales of about 32,000 hectoliters of pure alcohol in the country each year is estimated at $54 million.

Growth in the volume traded on the illicit market has been increasing, with the exception of the period between 2012 and 2013, when it went down by 3.7% due to "... greater government control on ethanol, specifically in control of pharmacy alcohol and counterfeit or adulterated alcohol. "

Tender: Purchase of Ethyl Alcohol for $5.4 million

January 2015

The National Liquor Factory in Costa Rica is tendering the purchase of ethyl alcohol for use to rectify as a neutral alcohol and ethyl alcohol to age for the year 2015.

The estimated volume of alcohol for 2015 is 5.2 million liters ± 2% ethyl alcohol for rectification and 25,000 liters ± 2% alcohol to age.

Spanish Company Buys Panamanian Alcohol

June 2009

The company Bardinet will buy "drinkable alcohol" from five sugar refineries for the production of its rum brands, Negrita, Pujol, and Negus.

To comply with the purchasing agreement for 8 million gallons, the sugar refineries Santa Rosa, Ofelina, La Victoria, and Central Azucarera de Alanje will join production.

$75 million for alcohol factory in Guatemala

December 2008

The Alcohol and Rum Distillery (DARSA) increased its production capacity with the purchase and acquisition of the Tulula Factory, in Retalhuleu.

Erick Aragon, general manager of the company, commented during the inauguration that the investment will allow the plant to increase its production from 40 to 90 million liters per year, for the various types of alcohol.

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