During the first half of 2016 the Central American countries as a whole imported $329 million worth of beauty and personal hygiene products.
Data from the report on Imports of Beauty and Personal Care items in Central America,presented by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graphics"]
The year's end balance for the cosmetics industry reveals a noteworthy total amount of exports, with overseas sales up to October projected to be above $200 million.
From a statement issued by Agexport:
Guatemalan cosmetics and hygiene products have been in the hands of Dominicans and Central Americans since the 2016, they form a major part of the customers who demand these world-class items.The cosmetics sector highlights the total amount of its exports, projecting overseas sales above US $200 million up to October, and this year one of the most challenging and important aspects for the sector is to overcome challenges such as smuggling and counterfeiting.
A study by PROCOMER identifies potential markets for own brand labels which are part of the exportable supply of Costa Rica, as being in pet accessories and products for home care.
From a statement issued by PROCOMER:
San José, November 15, 2016.In order to highlight the opportunities for exportable supply of Costa Rica in pet accessories, personal care products and home care products with private or independent brand strategies; the Foreign Trade Promotion Office (PROCOMER) has analyzed this issue in a recently released piece of market research.
Triclosan and triclocarban have been eliminated from the list of permitted substances for use in over the counter antibacterial hand soaps and bath gels.
From a press release by the FDA:
The U.S. Food and Drug Administration today issued a final rule establishing that over-the-counter (OTC) consumer antiseptic wash products containing certain active ingredients can no longer be marketed. Companies will no longer be able to market antibacterial washes with these ingredients because manufacturers did not demonstrate that the ingredients are both safe for long-term daily use and more effective than plain soap and water in preventing illness and the spread of certain infections. Some manufacturers have already started removing these ingredients from their products.
The corporation has decided to suspend operations indefinitely "due to the continuing deterioration of economic and business conditions ."
From a statement issued by Kimberly-Clark:
CARACAS, Venezuela, July 9, 2016 / PRNewswire / - Kimberly-Clark Corporation (NYSE:KMB) today announced the indefinite suspension of all operations in Venezuela, with immediate effect, due to the continuing deterioration of economic and business conditions.
The application of Article 27 of the Emergent Conservation of Employment Act has put on tenterhooks the feasibility of permanence in the country of 125 companies operating in the free zone.
An article on Prensalibre.com reports that "... the Emergent Conservation of Employment Act , in force since March 31, 2016, specifies that 43 activities can not be produced or marketed and developed from free zones, including pharmaceuticals, cosmetics, plastics and machinery, among other things. "
The deadline for ruling on applications for simplified registrations is now 5 working days from the moment the application is submitted, and validity of the registry of cosmetics and low risk foods has been extended to five years.
The simplified registration process for cosmetics and food is as follows:
The meeting in Guatemala will focus on various manufacturing segments, cosmetics, plastics, wood and food and beverages.
The 8th. edition of MANUFEXPORT Retail Supply will be held from on Septemberg 7th-8th 2016 in Santo Domingo del Cerro, Antigua Guatemala.
From a statement issued by Agexport:
The export manufacturing industry is a highly dynamic and innovative sector and every year implements new strategies and business models to potentiate its exports, which represent 30% of Guatemala's total exports and which generate about 200 thousand jobs. One of the goals set for this year, 2016, is to surpass by 6% the $3.585 million already exported, according to the Bank of Guatemala, from January to November 2015.
A study highlights basic grains, corn products, bread, broth, snacks, frozen seafood, shampoo, cosmetic powders and plastics for home use.
The study on market trends in manufacturing, agri-food and drinks in Mexico conducted in southeastern Mexico by the Promotion Agency for Exports and Investments in El Salvador (PROESA) indicates that one of the most important challenges for Salvadoran exporters to successfully enter the Mexican market is to increase their level of knowledge about the national supply in Mexico.
Small and medium Chilean companies trying to enter the Central American market this year, through lines of copper-based creams sun blocks, physical rehabilitation equipment, electro-stimulation systems and radiological shielding.
When the concepts "natural, organic and integral" were not as established as they are today, the Costa Rican brand Bioland set a firm course in that direction, and thirty years later, remains a leader in this market.
An article in Elfinancierocr.com makes clear from the first paragraph what is the essence of Bioland: the nonnegotiable philosophy of its founders for "... all-natural, healthy and environmentally friendly products."
In 2014 the volume of household consumption increased by 16% in Nicaragua, 7% in El Salvador, 5% in Panama and 6% in Guatemala, while in Costa Rica and Honduras it fell by 1% and 5%, respectively.
Panama stands out because of the rapid growth of its economy in recent years, which is currently visible in the consumption of its inhabitants, which in 2014 grew by 5% in turnover. Nicaragua, starting from lower levels, shows an equal growth in turnover, despite a 16% growth in volume due to lower prices.
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