The Secmca notes that the region exported 2,515.2 million kilograms of sugar in 2023.
El Salvador exported 16 percent of the sugar that Central and the Dominican Republic marketed in 2023, according to the Executive Secretary of the Central American Monetary Council (Secmca).
In 2023, the region exported 2,515.2 million kilograms of sugar, of this portion 46 per cent was marketed by Guatemala, while Nicaragua sent 16.1 per cent of the total.
El Salvador became the region’s third largest sugar exporter in the yearafter the dispatch of402.6 million kilograms of sugar, 16 per cent of the totalThey translated into $184.6 million in revenue.
Fourth is Honduras, which exported 218.2 million kilograms of sugar, representing 8.7 per cent of the total. For its part, the Dominican Republic covered 7.6 per cent of shipments after accounting for 190 million kilograms of sugar.
Costa Rica and Panama are the Central American countries that exported the least sugar, together they account for only 5.6 percent of the total.
Price per kilogram
Despite this, the average price of every kilogram of sugar in Costa Rica and Panama is above what El Salvador has been exposed.
The Secmca points out that in Costa Rica, the average export price of each kilogram was between $0.48 and $0.92. In Panama, the variation was $0.55 and $1.08.
In the case of El Salvador, the average price was from $0.41 to $0.58., in Guatemala the variation in 2023 was between $0.49 and $0.55, in Honduras it varied from $0.46 and $0.66, and in Nicaragua it settled between $0.43 and $0.55.
A fall
The Secmca confirms that the export of sugarFall in the last year in El Salvador, from 429.6 million kilograms of sugar from January to December 2022, to around 402,6 million for the same period last year, marking a drop of 26.9 million kilograms, 6.3 per cent.
The final report of the Salvadoran Council of the Azucarera Agroindustria (CONSAA) revealed that during the harvest 2023-202416.39 million quintalssugar, a figure that fell 4.3 percent compared to 17.13 million quintals recorded during the 2022-2023 harvest.
The 2023-2024 harvest was damaged from the beginning by the impact of the phenomenon ofThe Child, which caused rain shortages at the beginning of winter, and caused rainfall to increase in September and November.
El Salvador had its lowest sugar production in six years, according to CONSAA reports.
This article has been translated after first appearing in Diario El Mundo