Opportunity for Fertilizers in the Dominican Republic

Among the main products demanded by the Caribbean country are pesticides and organic fertilizers, bio-controllers, biological, botanical and general products for non-conventional agriculture.

Friday, June 16, 2017

From the executive summary of Procomer's study of "Pesticides and Fertilizers in the Dominican Republic

- The Dominican Republic has a smaller land area than Costa Rica, however 49% of its area is arable, making the country a strong consumer of pesticides and fertilizers. 

- Among its main agricultural products are sugar cane, rice, tobacco, roots and tubers, and coffee. Products with which the Costa Rican suppliers of pesticides and fertilizers are very familiar.  

- DR is a country dependent on raw material both for the formulation and distribution of these products. In 2016, imports exceeded USD 195 million, compared to the USD 22 million exported.  

Read full report (in spanish).

More on this topic

Central America: Prices of Imported Fertilizers Down 43%

August 2017

In the last five years, the average price of a kilo of fertilizers imported in the countries in the region fell by 43%, going from $0.54 to $0.31.

Figures from the information system on the the fertilizer market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]

Agrochemicals: A Growing Business in Central America

June 2017

Between 2015 and 2016, the total value of imported insecticides, herbicides and fungicides in Central American countries increased by 6%, going from $632 million to $668 million.

Figures from the information system on the the Market for Insecticides, Herbicides and Fungicides in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Clic para interactuar con la gráfica"]

Nicaragua: Good Prospects for Agrochemicals

January 2017

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%.

Nicaragua: Sales of Agrochemicals Down 30%

September 2014

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.

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