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).
From January to March 2020, companies in the countries of the region imported from Mexico fertilizers for $19 million, an amount that exceeds in 722% the reported in the same period of 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Between January and September 2019, Central America allocated $639 million to fertilizer imports, 7% less than in the same period in 2018, with Honduras and Guatemala being the markets that recorded the most significant reductions.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
Because fertilizers became more expensive due to the tax reform implemented last year, for the 2019-2020 agricultural cycle the volume demanded in the country fell by approximately 220,000 quintals.
Distributors in the country estimate that with the Tax Concentration Law approved at the end of February 2019, fertilizer prices increased up to 17% and agrochemicals between 20% and 30%.
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"]
For agricultural producers, the use of precision biotechnology in Guatemala requires a specialized committee so that the authorities' decisions are based on technical and scientific evidence, and not under the influence of political or ideological interests.
Guatemala already has regulations in this area, since on October 1, 2019, the regulatory framework signed by the Ministry of Economy with its counterparts in El Salvador and Honduras came into effect.
In the first six months of 2019, fertilizer imports from countries in the region totaled $439 million, and purchases from Russian companies grew 29% over the same period in 2018.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
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"]
Subscriptions: Regional Purchases up to March 2019
In the first three months of 2019, fertilizer purchases by countries in the region totaled $189 million, 7% more than reported imports in the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]
The government of El Salvador announced that it will invest $3 million in the delivery of 40,775 liters of fungicides and 30,000 liters of insecticides to combat and prevent the Coffee Rust and Coffee Borer.
In order to receive the inputs, coffee growers must meet several requirements, the most important of which is to be registered with the Salvadoran Coffee Council (CSC) and to have a valid identity card, informed the Ministry of Agriculture.
With the entry into force of the tax reform, banana production costs in Nicaragua have increased between 30% and 35%, because of the rise in the price of agrochemicals.
During 2018, companies in Central American countries imported insecticides, herbicides and fungicides for $671 million, 3% less than they bought in 2017.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
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.
Although in Costa Rica the procedures for approving new pesticides that enter the market should take a few weeks, there are processes that have not been processed for more than ten years, which prevents increasing and improving the supply of products.
The State Phytosanitary Service (SFE), which is part of the Ministry of Agriculture and Livestock, accumulates dozens of files that are still pending approval, including some that have been waiting for more than a decade.
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...
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