Negative Balance in the Food Industry

In Costa Rica, the sector guild reports that during 2018, total exports of the food industry registered a slight decrease of 1% compared to last year's foreign sales.

Thursday, December 20, 2018

The Costa Rican Chamber of Food Industry (Cacia) reported that the products recording falls in sales abroad this year were flours, fats, seafood, sugar, pastas, juices and alcohol, especially by the decline in purchases in the U.S. and Europe.

You may be interested in "Imports of food products grow 9%" reviews that "... products such as dairies, processed meats, confectionery, chocolate, cereals and snacks, bakery and biscuits, sauces, assorted foods and soft drinks had a moderate upturn compared to 2017."

Regarding domestic consumption, the guild explained that in 2018 the local market was impacted by a toxic political condition that significantly reduced the confidence of businessmen and consumers.

Regarding the conditions affecting the country, Maurizio Musmanni, president of Cacia, said that "... these factors led to pessimism in the business atmosphere and caused consumer distrust.

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