Pineapple exports recover in 2021 to pre-pandemic levels in Costa Rica

Published 2021년 5월 28일

Tridge summary

Costa Rica's pineapple exports have rebounded, reaching pre-pandemic levels in the first four months of 2021, with a 9% increase in revenue compared to the same period in 2020. This recovery is due to the opening of hotels, restaurants, and educational centers, leading to increased demand. The sector expects a 4-5% increase in income in 2021, as it is the second most important agricultural sector in Costa Rica, following bananas. Despite weather conditions and a drop in tourism due to the pandemic, the prices and demand for pineapples in the European Union and the United States have remained stable since the last quarter of 2020. The pineapple sector is optimistic about growth in production, demand, and stable prices curb in 2022. Additionally, Costa Rica is awaiting authorization to export pineapples to Israel, known for its good prices for producers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Pineapple exports recovered, in the first four months of 2020, the levels they had in 2019, before the pandemic, after a difficult 2020, in which the value of external sales fell 6%. Figures from the Foreign Trade Promoter indicate that between January and April of this year $ 324.9 million in pineapples were placed in the international market, 9% more than in the first four months of 2020. In the same period of 2020 they were $ 297.3 million and in 2019 that figure reached $ 324.4 million. This reactivation of exports is based on a greater opening of hotels, restaurants and educational centers in the markets where the fruit is placed, which increases demand. Demand and prices have stabilized since the last quarter of 2020, while there are no signs of factors that alter local production, according to the producers and exporters union. In addition, the conditions allow estimating a closing of 2021 with higher incomes, between 4% and 5%, compared to 2020, said Abel Chaves, president ...
Source: Nacion

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