High Cost of Diesel in Costa Rica

The price of diesel, 25.4% above the Central American average, puts Costa Rican farmers at a disadvantage.

Friday, October 16, 2015

From a statement issued by the National Chamber of Agriculture and Agribusiness (CNAA):

Tico diesel prices are 25.4% more than the average in Central America
• Cost affects competitiveness of the agricultural sector
• Producers have to compete at a disadvantage because most agricultural machinery uses this type of fuel

San Jose, Costa Rica, October 16, 2015. The price of diesel in Costa Rica, in the month of September, exceeded by 25.4% the cost in the rest of the Central American countries, a factor which puts Tico farmers at a disadvantage because most of the machinery used in field work uses this type of fuel.

According to figures from the National Chamber of Agriculture and Agribusiness (CNAA) the average price of diesel in Costa Rica in the month of September was $0.84 per liter, while in the other Central American countries, the average cost per liter was $0.67.

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From a press release issued by the Ministry of Economy in El Salvador:

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Complaints have been made about loss of competitiveness due to fuel costs being the highest in the region.

A study by the National Chamber of Agriculture and AgroIndustry (CNAA) states that in June the price of a gallon of diesel cost, on average, $4.71 in Costa Rica, $3.76 in Panama, $4.02 in Guatemala , $4.44 in Nicaragua , $4.15 in El Salvador , and $4.20 in Honduras.