Because the Ecuadorian market is highly dependent on imports and its local industry is incipient, there are opportunities for bulk exports and packaging in the South American country.
To enter the market, products can be sold to distribution companies, whether these register the products themselves under their own brand, import in bulk/concentrate, repackage and distribute, or do so under the manufacturer's brand and import and distribute ready-to-retail products (this can be on an exclusive basis), explains a study by the Foreign Trade Promotion Agency (Procomer).
The Directorate of Agricultural Science and Technology tenders the supply of fertilizers, bactericides, pH regulators and adherents, rooting agents, sterile substratum, fungicides, insecticides and herbicides.
Honduras Government Purchase DICTA-SAG-LP-002-2019:
"Agricultural inputs will be used for the healthy potato seed reproduction project in Honduras, DICTA / TAIWAN-ICDF.
The agricultural chemical union of Guatemala states that the illicit commercialization of fertilizers, insecticides and fungicides, represents about 12% of the local market.
According to reports from the Association of the Agricultural Chemical Guild (Agrequima), between August 2016 and the same month in 2018, a investigation of agrochemical packaging was carried out in the union's collection centers, in which several products were identified which did not possess the minimum quality requirements.
American Vanguard Corporation has announced the acquisition of Grupo Agricenter, dedicated to the production and commercialization of crop protection products in Central America.
From a statement issued by Agricenter:
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard Corporation (NYSE:AVD) announced today that its wholly owned subsidiary AMVAC Netherlands BV, will acquire Grupo Agricenter to reinforce its commercial, technical and development structure in the Latin-American region. AMVAC has been a key player in the Latin American agricultural sector for more than a decade and has become a leader in the nematicides segment for crops such as banana and pineapple. The acquisition of Grupo Agricenter, a well-established distributor of multiple crop protection products in seven Central American and Caribbean countries, will considerably expand AMVAC’s product and service offerings in the region.
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.
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.
Between January 2012 and December 2016, the average price of a kilogram of fertilizer imported into the country fell from $0.65 to $0.37.
Figures from the information system on the the Market for Fertilizers in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Clic para interactuar con la gráfica"]
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%.
The Ministry of Agriculture and Livestock in El Salvador is calling for expressions of interest for the supply of fertilizers, herbicides, insecticides and chemicals.
Government Purchase LPN-09-2015 El Salvador MAG-CABEI:
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.
The government has authorized the entry of banned agricultural chemicals that were already en route to Nicaragua, while the issue is being discussed in meetings between the public and private sector.
Only a week after imposing the ban, the government has decided to allow market entry of agrochemicals that had already been purchased by companies in the agricultural sector.