In recent months, Panama has strengthened its pineapple exports to the U.S. and Canadian markets, benefiting from the decreased supply from Costa Rica. Danis Santana, the general manager of Panama Squash Co., explains that "in the last two years, national production has been growing between 30 and 40% annually, consolidating a more visible role in international trade."
The heavy rains and cooler temperatures in Costa Rica led to spontaneous flowering, creating an opening for Panama. Santana notes, "Some difficulties open up opportunities for others," Santana stated. "Our pineapple stands out due to its higher sugar content and crunchier texture, which have made it appealing to buyers."
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However, the businessman explains that the market is beginning to stabilize. "Costa Rica is already regaining its volumes, which helps stabilize prices after reaching up to 16 or 17 dollars in the U.S. market during the peak of the shortage."
Despite Costa Rica's recovery, Panama maintains a steady presence in destinations such as Canada, the United States, Spain, the Netherlands, and England. According to Santana, although 85% of the company's total volume is destined for the United States, pineapple is more profitable in Europe because of the sizes and degrees of ripeness required there. "The United States asks for large fruit, size six or seven, and pays less for the competition, while Europe accepts smaller sizes and better value," he explains.
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Local weather has also affected agricultural planning. Recent rains in the Azuero region, known as the country's "dry arc," have been unusually heavy. Santana warned that "it has rained so much that what used to fall in a month now falls in a day." Heavy rain and the passage of a nearby hurricane could delay the melon and watermelon season, which the company forecasts will see a 40% increase in volume compared to last year.
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At the national level, the political and economic outlook presents additional challenges. "The economy is very contracted, and changes in agricultural policy have not yet been felt. The sector is still waiting for effective support," the manager stated.
Despite the challenges, optimism persists. Panama Squash Co. aims to conclude the 2025 cycle with weekly exports of 5 containers from its 25 hectares. "Everything indicates that the Panamanian pineapple will continue to expand because of its quality and the climatic advantage that enables year-round production," Santana concluded.
© Panama SquashFor more information:
Danis Santana
Panama Squash Co
Panama
Tel: +507 6782 3739
Email: [email protected]
www.panamasquash.com
