Soups: Regional Purchases Up 14%

In the first six months of 2020, Central American countries bought $56 million in soups and their preparations, 14% more than what was reported in the same period of 2019, a rise that is explained by the behavior of Salvadoran, Nicaraguan, Honduran and Guatemalan imports.

Wednesday, February 17, 2021

Soups and Preparations Imports in Central America Al December 31st, 2021  

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Data from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]

Explore the data in the interactive display.

Salvadoran Companies Main Buyers
From January to June 2020 the main importer of soups and their preparations in Central America was El Salvador with $16 million, followed by Guatemala with $11 million, Nicaragua, with $10 million, Honduras, with $8 million, Panama, with $6 million, and Costa Rica, with $5 million.

For the period in question, Salvadoran imports increased 34% in year-on-year terms, Nicaraguan imports 21%, Honduran imports 18% and Guatemalan imports 9%.

Purchases from Panama and Costa Rica decreased by 6% and 14%, respectively.

Main Suppliers to the Central American Market
In the first six months of 2020, 35% of the value imported from Central America came from the USA, 17% from Mexico, 2% from China and 1% from Peru.

In the period in question in recent years regional purchases from Mexican companies have gained ground, as in 2017 they accounted for 9% of total imports and in 2020 that proportion rose to 17%.

Variation in Regional Imports
Between January and June 2019 and the same period of 2020 the imported value of soups and their preparations registered an increase of 14%.

For the periods in question, purchases from U.S. companies increased by 9% and imports from Mexico by 31%.

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More on this topic

Soups: Sector Recovers in 2021

June 2022

By 2021, purchases in the Central American region increased by 18% to reach $65 million, with Salvadoran companies importing a value of $30 million.

Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]

Soups: Salvadoran Companies, Main Importers

November 2021

In the second quarter of 2021, Salvadoran companies were positioned in the region as the main importers with $15.9 million and the supplier country was Guatemala with 37.64%.

Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]

Soups: Regional Market Figures

April 2019

In the first nine months of 2018, countries in the region bought $73 million in soups and their preparations, and imports from companies in El Salvador and Nicaragua represented 42% of the total.

Data from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics]

El Salvador Imports Fewer Soups at Start of 2018

July 2018

Between January and March of this year Salvadoran companies imported $5 million worth of soups and their preparations, 11% less than in the same period in 2017.

Figures from the information system on the Market for Soups and Soup Preparations in El Salvador, compiled by the Business Intelligence Unit at CentralAmericaData : [GRAFICA caption = "Click to interact with graph"]