• 2026.03.07 (Sat)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Synthesis

Paraguayan Agricultural Market Faces Record Price Hikes, Escalating into National Crisis

Eugenio Rodolfo Sanabria Reporter / Updated : 2025-03-24 23:10:21
  • -
  • +
  • Print

Recently, food prices in the Paraguayan agricultural market have risen sharply, escalating into a national crisis. According to data from the Ministry of Agriculture and Livestock (MAG), key agricultural product prices have skyrocketed between February and March, with lettuce up by 259%, tomatoes by 46%, potatoes by 158%, peppers by 107%, and onions by 23%. Essential fruit prices such as bananas and pineapples have also risen by 53% and 36%, respectively.

These price increases are based on wholesale market prices, and final consumer prices are likely to be even higher due to transportation, storage, margins, and taxes. Industry insiders attribute the primary cause to decreased production due to record-breaking heatwaves.

The price hikes are directly impacting the public's diet. In particular, low-income families are struggling to purchase groceries, leading to nutritional imbalances. According to official data, the chronic malnutrition rate among children under 5 reached a peak of 13% in 2022, and the acute malnutrition rate also hit 6.3%, the highest in recent years.

The country's lack of support for agricultural production is exacerbating these issues. Over the past decade, the agricultural sector's budget has been halved, and the domestic agricultural base has weakened due to climate change, increased agricultural imports, and smuggling. This situation is hindering poverty reduction efforts and causing income decline in rural areas and population migration to cities.

Damage from climate change is further intensified by the lack of infrastructure and technology in rural areas. Rising food prices are also affecting the agricultural processing industry, leading to production and productivity declines for numerous small and medium-sized enterprises.

Farmers have been pointing out these problems and demanding solutions through annual farmer marches every March, but the government remains passive in addressing the issues, denying the climate change crisis and ignoring relevant statistics.

Experts emphasize that the government must take active measures, including increasing investment in the agricultural sector, establishing climate change response policies, and strengthening management of agricultural imports. They also argue that it is crucial to listen to farmers' voices and strengthen the agricultural production base to ensure national food security.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #글로벌이코노믹타임즈
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
Eugenio Rodolfo Sanabria Reporter
Eugenio Rodolfo Sanabria Reporter

Popular articles

  • Japan Seizes Chinese Fishing Vessel off Nagasaki for the First Time in 4 Years

  • Florida Legislature Passes Bill to Rename Palm Beach Airport After Donald J. Trump

  • The Secret Behind the 'Modern Kim Seon-dal': How Coway Became Malaysia’s National Brand

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065622192627658 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • L’Oréal Korea and Naver Forge Strategic Partnership to Revolutionize AI-Driven Beauty Commerce
  • Domino’s Korea Embraces "Authentic Stateside Flavors" with New American Classic Pizza Duo
  • K-Inner Beauty Dominates Japan: Sales Surge 90% on Qoo10 Japan
  • Sempio and KFRI Join Forces to Pioneer High-Value Food Technologies
  • LG H&H Expands Japanese Footprint: Vegan Brand 'Freshian' Debuts at Biople by CosmeKitchen
  • 29CM’s '29HOME WEEK' Shatters Records: Home & Interior Sales Triple in 10 Days

Most Viewed

1
Adwa’s Echo in Korea: A Shared Story of Dignity and Freedom
2
2026, The Grand Year of Hangeul Celebration — The River of History Where Five Streams Converge
3
A New Milestone for Ukraine’s Post-War Reconstruction: The Birth of ISVP
4
Mexican currency and the powerful history behind its designs
5
Revised and Expanded Edition of ‘Failure of Negotiations with North Korea: Truth and Solutions’ Published
광고문의
임시1
임시3
임시2

Hot Issue

Hanwha Aerospace Solidifies Baltic Stronghold with $330M Defense Investment in Estonia

From $20 to $400: The Explosive "Vintage Digicam" Craze Gripping Korea’s Gen Z and Millennials

Yujin Robot Evolves Industrial Automation: Integrating Autonomous Mobility and Collaborative Robotics

SK On Slashes 37% of US Workforce Amid Global EV Slowdown

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 독도는우리땅
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers