More and more brands are starting in a market that is beginning to become saturated.
A new product has recently hit the light or low calorie sweetener market, which are increasingly offering alternatives to those seeking a sugar substitute for their food and drink.
La Liga Agrícola de la Caña de Azúcar (Agricultural League of Sugarcane) has entered the market with the product Natuvia, a natural sweetener produced in the country in partnership with the Stevia Global Institute, who produce Stevia, natural fruit extracts which are 200 to 300 times sweeter than sugar and possess virtually no calories.
This retail sector in Costa Rica comprises about 248 importers of second-hand clothes who are now looking at the middle class market.
Although the prices of items range from $2 to $10, the large volumes handled by big chain stores make it a profitable business. Between 2007-12, used clothing imports rose by 50%, 87% came from the U.S. and 10% from Canada.
With the exception of car sales, retail trade in Panama has not been affected by the economic crisis.
Although collection of the tax levied on personal property transfers was not good in January and February, the tide began to turn in March, which closed the first quarter of 2009 with a 19.3% increase over the same period last year.
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