Meat: Forecast for the Panamanian Market

When the country's authorities begin to lift the restrictions that have been taken to prevent the spread of covid-19, it is predicted that in the meat sector, sales of chicken could contract by 2%.

Wednesday, May 6, 2020

Through a demand/income sensitivity model developed by the Trade Intelligence Unit of CentralAmericaData, variations in household demand for different goods and services can be projected as the most critical phases of the spread of covid-19 are overcome and the measures restricting mobility in the countries of the region are lifted.

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

In analyzing beef and veal sales projections, the interactive information system indicates that demand for beef steaks could be reduced by 4%. In the case of Milanese beef, the drop in sales could be more than 2%.

Compared to sales levels prior to the Covid-19 crisis, sales of Rib and Pork Chop could drop by 1% and marketing of Pork Leg Piece would also fall by approximately 1%.

The "Information System: Covid-19 and Business Outlook", is helping our clients to understand the new commercial reality of 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, allowing us to forecast which of them could face more difficulties in the coming months.

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More on this topic

Guatemala: Household Expenditure Forecast

April 2020

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.

Livestock: Good Numbers in the Midst of the Crisis

April 2020

During the first quarter of the year in Costa Rica 99,662 cattle were slaughtered, 4% more than reported in the same period in 2019, which is largely explained by shipments to the market in China.

Although the spread of covid-19 has negatively impacted most economic sectors worldwide, data from the Livestock Corporation (Corfoga) detail that between January and March 2019 and the same period of 2020, the number of cattle slaughtered increased by 3981, from 95681 to 99662.

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.

Processed Meat and Post-Quarantine Demand

April 2020

When the economies of Central America begin to relax the restrictions that have been taken to prevent the spread of covid-19, it is expected that in the area of processed meats, sales of pork ham will be among the most contracted.

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

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