Lubricants, Oils and Gasoline: Business Outlook

In Central America, it is projected that the impact of the Covid-19 crisis on the business of retail sales of gasoline and oil products will be explained mainly by the expected drop in gasoline and diesel sales.

Friday, March 27, 2020

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

It is expected that the Retail trade of oils and lubricating greases will be among the activities that will suffer a greater impact in the coming months. Another sector that is in the group of those that will be impacted, but in smaller magnitude, is the Retail Trade of L.P. gas in cylinders and stationary tanks.

According to forecasts, the impact on the activity of Retail Trade of gasoline and oil derivatives will not be as severe in this context of health alert and restriction of mobility of people, especially when compared with the impact that will be felt in sectors such as Entertainment or Restaurants.

The information system can help you to answer the following questions:

How and how much will my company be affected?
How much could the demand for my products and services fall in the medium term?
Which sectors are most at risk of registering significant falls in their sales?
How many of my customers and suppliers could face problems?

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More on this topic

Panama: Temporary Closing of Gas Stations Authorized

April 2020

The National Energy Secretariat authorized the service stations that sell gasoline in the country to temporarily close their operations in the context of the health and economic crisis.

Resolution N. 4730 of April 23, 2020, allows those service stations that due to low sales volume, and whose location does not affect agricultural, logistical, commercial and strategic activities for Panamanians, may opt for the temporary closure of their services due to the emergency, authorities informed last April 24.

Plastics Industry: Outlook for the Region

March 2020

In Central America, it is expected that the impact of the covid-19 crisis on the plastic product manufacturing business will be partly explained by the expected drop in sales of bottles and household products.

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

How Will Coronavirus Impact Construction?

March 2020

The impact of the covid19 crisis on the construction sector in Central America is expected to be explained, to a greater extent, by the expected fall in the business of prefabricated steel structures.

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, during the coming months.

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