Global trading platform TridgeGlobal trading platform TridgeGlobal trading platform Tridge
Our Services
Resources
Maximize your business opportunity with our Intelligence & Data Solution. Get started now.
Local Insights

Costa Rican Banana Minimum Buying Prices in 2023

Fresh Banana
Costa Rica
Price Trend
Regulation / Agreement
Sep 30, 2022
Written by
AA
Ana Altimari
Share This Story
Every year in Costa Rica, a national minimum buying price is established for a 17kg carton of bananas. Compared to 2022, the minimum price for 2023 increased by 10% to USD 9.38, which also represents a subsequent increment of 7% from 2021 to 2022. Banana producers think the 10% increment for next year is not enough to cover the rising cost of materials they are experiencing as there is a 100% increase in the fertilizers and pesticide costs, which make up over 65% of the final cost of the goods.
image
Was this news article helpful?

Join Tridge Exhibition 365

Connect with agri-food industry experts anytime, anywhere.

image
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.