In 2012/2013 1,751 hectares were planted but in 2014/2015 the figure was only 1,504, due to the incidence of drought, high production costs and falling international prices.
An article on Prensa.com reports that "... Diomedes Carrasco, producer in the area of La Chorrera, says a lot of farmers have stopped harvesting and exporting due to high production costs and low international prices"... The businessman states that "...The cost of producing one hectare of pineapple went from $28,056 in 2012 to $32,337 dollars in 2015 ".
The continued decline in production since 2011 might be compensated with the opening of a new well in the field of Atzam.
Data from the Directorate General of Hydrocarbons at the Ministry of Energy and Mines (MEM) reveals that in 2013 oilproduction reached 3.640 million barrels, 231 million less than the previous year when 3,870 million was recorded, which means a drop of 6%.
Decline in the supply and the high costs of production are affecting sales revenues locally and abroad.
Data from the Central Bank of Nicaragua (BCN) reveals that prior to September the national collection of milk was 72 million gallons, that is 2.9 million less than reported in the same period in 2012.
The evolution of the Panamanian economy brings changes in consumption patterns which favor imported wine and premium liquors.
Figures from the Comptroller General of the Republic up until August reveal that local production of alcoholic beverages stood at 176.8 million liters, 2.2 % less than the 180.2 million reported in the same period in 2012. This decrease was driven by the 10.2% decline reported in rum production which went from 5.3 million liters to 4.7 million.
Imports of cheap products and smuggling are major factors in the stagnation of the footwearindustry.
According to Irma de Aceituno, an executive at the factory Genesis S.A., another factor that has affected the sector is competition from the informal market, which has led to staff reductions at the plant.
The Government of El Salvador will not buy hybrid corn seed, which offers high performance and resistance to pathogens and bad weather.
"The resolution, transitory, is seen by many agricultural suppliers as a block on the free market and even violating trade agreements such as the Free Trade Agreement (FTA) with the United States or regulations dictated by the World Trade Organization (OIC)", reported Elsalvador.com.
With the reduction in harvests in Mexico and India, sugar production could decline for the first time since 2009.
World production of sugarcane could decrease by 51% during the 2013-14 season compared to the 2012-13 period, as a result of the decline in prices caused by a fall in production in Mexico and India, according to researchers at Kingsman SA.
During recent decades the country has experienced slow growth in the production of goods for domestic consumption and export.
An analysis piece by Eddy Betanco B. for Laprensa.com.ni notes:
"Sluggish domestic production explains why Nicaragua generates a GDP that is lower than other countries in the region and very similar to Haiti. Regarding production of goods for domestic consumption, Nicaragua continues to be heavily dependent on imports of manufactured `products, agribusiness, agriculture, etc., which can be seen in supermarkets and other businesses in which the supply of Nicaraguan products is very low. "
From January to September this year the Salvadoran textile and clothing sector exported $792.4 million, 6.7% less than in the same period in 2011.
Elsalvador.com reports that "The production of textiles and clothing lost momentum in growth between January and September compared to the same period last year due to a slowdown in the U.S. economy and the fiscal crisis in Europe .
Low rainfall and aging plantations are the main factors for the decline in production.
An article in Elfinancierocr.com quotes the executive director of the Coffee Institute of Costa Rica (Icafe), Ronald Peters, who said: "We come from a good harvest, we will have a smaller quantity because of climate issues which benefited areas like the Central Valley but hurt others such as area of Coto Brus. We expect to meet all local and export commitments" and that "the current season (2011-2012) generated about 2.35 million quintals of coffee, equivalent to 1,680,000 bags weighing 60 kilos, so this coming season we expected not to exceed 2.2 million quintals."
After two decades of steady reductions in the area devoted to the production of meat and milk, 2011 showed a rise in exports.
Many ranches have become littered with pineapple plantations, which offer better profit margins, and in this way, of the 2.4 million hectares occupied in 1988, the business now occupies about 1 million hectares, which has been adjusted according to final data from the National Livestock Survey in progress.
The Brazilian-owned company is not closing its operations but only reducing production because of less demand from regular customers in Europe.
An article in Laprensa.com.ni reported that "Last week, workers at the company which belongs to the Brazilian group Schmidt Irmaos Calzado, were concerned about the future of the company, due to the reduction in their production lines.
In the province of Chiriqui, of the rice production for 2012, planned at 29,000 hectares, only 14,935 hectares have been planted, twenty days before the end of the season.
Lack of incentives for the rice sector, continued imports of the grain and high production costs have led to a reduction in production of almost 50% in terms of acreage planted.
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...
Beverage Industry Digital Magazine established in 1942, the oldest Spanish trade journal and the only beverage trade magazine serving the Latin American beverage market. It serves soft drink bottlers, brewers, bottled water...
español
2744
