Honduras: Forecast of New Consumption Levels

When the local economy begins to return to the new normality, as isolation and mobility restrictions are relaxed, it is estimated that the demand for electricity by Honduran households will have decreased by 11%.

Thursday, April 23, 2020

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

For this analysis, it is assumed that the quarantine and mobility restriction measures will be extended for two months.

For example, demand for cinema tickets will decrease by nearly 6% from the levels reported prior to the crisis. When the expected demand for meals outside the home is analyzed, it is estimated that once the quarantine period is over, households in Honduras will reduce their expenditures on this activity by about 13%.

When commercial activity begins to normalize, it is estimated that demand for monthly cell phone service plans will contract by 11%, compared to pre-crisis sales levels in covid-19.

In the case of the automotive market, demand for car-type vehicles is expected to fall by around 30%.

The "Information system: Covid-19 and Business Outlook", is helping our clients understand and dimension the degree of impact that the crisis will have on the demand for goods and services of companies in all sectors, with details such as the financial strength of customers and suppliers of each economic activity, which allows us to forecast which of them could face more difficulties in the coming months.

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Once the local economy begins to return to normal, as isolation and mobility restrictions are relaxed, it is estimated that Guatemalan households will have reduced their demand for car insurance by 7%.

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

El Salvador: Post-Confinement Consumption Level

April 2020

When the local economy begins to return to normal, as isolation and mobility restrictions are relaxed, demand for health insurance is estimated to fall by 7%.

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

Nicaragua: Consumption Outlook

April 2020

Once the economy begins to return to normal, as the phases of the pandemic are overcome in the country, it is estimated that the demand for meals outside the home will have decreased by 13%.

Using a demand/income sensitivity model developed by CentralAmericaData's Trade Intelligence Unit, variations in demand by Nicaraguan households for different goods and services can be projected as the most critical phases of the spread of covid-19 are overcome and restrictive measures are lifted in the country.

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.

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