Fuel Price Hikes Squeeze Panama's Banana Producers

Banana producers in Panama's Bocas del Toro province are voicing serious concerns over the escalating cost of fuel, which has substantially driven up their transportation expenses. The farmers state that the price hike means they must now spend considerably more to fill their vehicles, directly affecting their capacity to deliver their produce to key distribution centers such as Merca Panamá.

Previously, the cost of fueling their trucks was a much smaller outlay. Now, producers find themselves investing significantly more capital simply to transport their goods. This financial strain is compounded by additional expenses associated with long-haul transport, including accommodation, food, and other costs for drivers who may need to stay in Panama City for several days while awaiting sales.

"Even if we don't make a profit, we have to get the production out. The cost has doubled due to the fuel increase. When they take the load to Panama, the driver has to stay for several days, and that generates hotel and transportation expenses," explained producers from the region.

The farmers are appealing to the government to be included in the fuel subsidy program, which has been made available to certain productive sectors. They report that despite efforts to access the platform established for the subsidy, they have been unable to benefit from it. Representatives were told the platform is currently full and that improvements for accessibility are planned.

Producers warn that the continuous rise in operational costs directly impacts the profitability of their agricultural activities. Without relief, the viability of their banana production in Bocas del Toro is under threat.

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Even if we don't make a profit, we have to get the production out. The cost has doubled due to the fuel increase. When they take the load to Panama, the driver has to stay for several days, and that generates hotel and transportation expenses.