Hardware Stores: Commercial Reality Post-Covid19

Hardware store sales in Central America are projected to register a considerable drop, which would be mainly due to the expected decline in retail sales of paints.

Thursday, April 2, 2020

The "Information System for the Impact Analysis of covid-19 on Business", prepared by the Trade Intelligence Unit of CentralAmericaData, measures the impact that the crisis will have on companies according to their sector or economic activity, considering different scenarios for the coming months.

It is expected that in 2020 the income from Retail sales of construction materials in the region could fall by up to 9%, if in Central American countries the measures of isolation of people and restriction of mobility decreed by the governments are extended for two months.

Another sub-sector that will be impacted, but to a lesser extent, is the Retail trade of ceramic floors and tiles.

According to forecasts, the impact on the Retail Hardware business will not be as severe in this context of health alert and restriction of mobility of people, especially when compared to the impact that will be reported in sectors such as Transportation, Entertainment or Restaurants.

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More on this topic

Panama: Outlook for Consumption

April 2020

Once the economy begins to return to normal, as isolation and mobility restrictions are relaxed, household consumption patterns will have changed significantly.

Using a demand/income sensitivity model developed by the Trade Intelligence Unit of CentralAmericaData, it is possible to project the variations in Panamanian household demand for different goods and services as the most critical phases in the spread of covid-19 are overcome and the measures restricting mobility in the country are lifted.

Household Goods: Business Outlook

April 2020

In Central America it is expected that the covid-19 crisis will reduce retail sales of household items, a decline that will be explained partly by the expected fall in sales of articles for interior decoration.

The "Information System for the Impact Analysis of Covid-19 on Businesses", prepared by the Trade Intelligence Unit of CentralAmericaData, measures the impact that the crisis will have on companies according to their sector or economic activity, considering different scenarios for the coming months.

Wood: Business Outlook for Central America

March 2020

If quarantine and mobility restriction measures are extended by two months, it is expected that by the end of the year the annualized demand for industrial wood products in Central America will have fallen by 10%.

The "Information System for the Impact Analysis of Covid-19 on Business", prepared by the Trade Intelligence Area of CentralAmericaData, measures the degree of impact that the crisis will have on companies according to their sector or economic activity, considering different scenarios for the coming months.

Covid-19: Outlook for the Wholesale Market

March 2020

The impact of the covid-19 crisis on the wholesale sector in Central America is predicted to be explained, to a greater extent, by the expected drop in trade in disposable items.

The "Information System for the Impact Analysis of covid-19 on Business", prepared by the Trade Intelligence Unit of CentralAmericaData, measures the impact that the crisis will have on companies according to their sector or economic activity, during the coming months.

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