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%.
Authorization has been given to the sale of four of the seven products whose import was banned in June 2014.
Given the lack of agrochemicals necessary to counteract the effects of El Niño on crops, the National Commission for Registration and Control of Toxic Substances has authorized the marketing of chlorpyrifos, endosulfan and two other products based on terbufos and Furadan.These four products are part of the so-called red products, meaning that they are highly toxic.
The list of chemicals whose importation was banned in March includes some identified as the most appropriate for their cost-effectiveness and to address the effects of El Niño on crops.
Reiterating that the prohibitory rule was established unilaterally, the Nicaraguan Association of Formulators and Distributors of Agrochemicals, ANIFODA requested space with the government to demonstrate the impact that the lack of these products will have on farming and specifically on the 2014 - 2015 harvest . In particular they asked for "... experts to be allowed to come and speak on the cost-benefit of the seven agrochemicals that have been banned in the country, and from this decide whether or not to prevent their distribution."
An agricultural union is claiming losses of $1.4 million because of purchase of pesticides that the government decided to restrict.
The National Commission of Registration and Control of Toxic Substances created by the Government in February, restricted from coming into the country 12 agrochemicals. Agricultural unions are asking the Office of the President for this restriction to be reversed, because among other things, this has resulted in losses of $1.4 million from the purchase of products that can no longer be used.
Price increases of between 10 and 15% are estimated in a market distorted by unexpected arrivals of shipments from Venezuela.
In 2012, prices could be between 10% and 15% higher. This year was no exception to the fluctuations, with the prices at the beginning of the year being up, then down, and at the moment prices are again rising, said Orontes Lacayo, president of the Nicaraguan Association of Formulators and Agrochemical Distributors (ANIFODA).
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