An industrial plant for the processing of vegetables, fruits, grains, dairy products, roots and tubers will be built in the canton of Coto Brus, province of Puntarenas.
The Costa Rican government awarded the contract for the construction of this industrial complex to the company Vidalco Empresa Constructora. It is estimated that the overall investment will be approximately $3 million.
From January to November 2019, companies in the countries of the region imported $35 million in fertilizers from Mexico, and 83% were bought by Guatemalan companies.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
Costa Rican businessmen are opposed to the bill that gives Icafé the authority to impose requirements and controls on the processes of supplying the raw material necessary for grain production.
In the current period, the Legislative Assembly plans to discuss bill 21.163, which aims to transform the powers of the Costa Rican Coffee Institute (Icafé), but the business sector anticipates that the proposed modifications will lead to a rise in the prices of the product.
In the first six months of 2019, Central American countries exported pineapple for $525 million, and sales to companies in the United Kingdom grew by 5% over the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
The government announced that it is planning to increase the area planted with avocado from 2,000 to 4,500 hectares, in order to meet the demand for the fruit on the local market.
The Ministry of Agriculture and Livestock (MAG) reported that the National Avocado Plan will serve as an instrument to guide the management of agricultural sector institutions towards strengthening the cultivation of this fruit.
During the first half of 2019, exports from Central America of palm oil and its fractions reached $333 million, and sales to companies in Spain increased by 93% compared to the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
The government decreed that starting January 1, 2020, banana exporters in Costa Rica will pay local producers a minimum price of $8.36 per 18.14 kilo box.
The authorized increase will be $0.67 per box of 18.14 kilos, from $7.69 to $8.36 for each package sold abroad, reported the Ministry of Economy, Industry and Commerce (MEIC).
From January to June 2019 Central American exports of vegetables totaled $105 million, 5% more than what was reported in the same period in 2018, a rise explained by the behavior of sales to companies in the United States.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
FAO estimates that by the end of 2019 the production of grain in the region will be 29.8 million tons, below the average volume reported in the last five years.
In Costa Rica, legislative initiatives are being prepared to restructure the credit portfolios of small and medium agricultural producers affected by climate phenomena.
One of the initiatives includes the purchase of the credit portfolio to readjust the debts of producers affected by climatic phenomena and who are unable to pay. The credits that would be applied in this case would be those of $35,000 or less.
To the denouncements made in recent months by businessmen from Guatemala and Nicaragua, is added that of a Honduran union, which denounces the invasion of 3,400 manzanas of productive land.
The cultivation, processing and export of coconut and its derivatives, and the transformation of goat activity focused on the manufacture of personal care and health products, are some of the proposals for Costa Rican agriculture to generate greater added value.
A study conducted by FUNDES Strategy identifies new opportunities for Costa Rica's agricultural sector.
During August and September, Costa Rica's monthly agricultural activity index reported a 0.16% and 0.82% year-on-year increase, respectively, reversing the downward trend recorded in previous months.
According to data from the Central Bank of Costa Rica (BCCR), between October 2018 and July 2019 the Monthly Index of Agricultural Activity (IMAGRO) registered negative year-on-year variations.
During the first three months of 2019, companies in Central American countries imported insecticides, herbicides and fungicides for $132 million, and purchases from Mexican companies grew 12% over the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]
Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand. The OHNE brand has 8 product lines: square bread, sweet...
español
1496
