Through information solutions based on the use of satellite photos, the application of classification models and the implementation of machine learning algorithms, it is possible to optimize the management of large plantations and minimize the risks faced by crops that affect profitability per hectare planted.
The growing availability of data that exists today is leading companies to seek new ways and tools to take advantage of this huge wave of information that is being generated in different business sectors.
In Central America more than 6 million people search online and participate in conversations associated with dairy products, with ice cream, fudge and yogurt being some of the products with the greatest presence in consumer interactions.
An analysis of consumer interests and preferences in Central America, prepared by the Trade Intelligence Unit of CentralAmericaData, yields interesting results on people's preferences and tastes in food and other types of products or services.
Because the Asian giant is the world's largest buyer of fresh fruit and people are willing to consume new and tropical foods, the region's pineapple producers have the opportunity to increase their business with the Chinese market.
According to a study conducted by the Foreign Trade Promoter (Procomer), China remains one of the largest producers of fruit in the world, but quality remains a problem, so they are interested in imported fruit, added to consumers looking for better quality products as part of the search for a healthier lifestyle.
In the last five years, liquid milk sales in Central America increased 16%, from $3,935 million in 2014 to about $4,566 million in 2019, growth that was boosted by the Costa Rican and Honduran markets.
Figures from the "Liquid Milk Market Snapshot" prepared by the Trade Intelligence Unit of CentralAmericaData, detail that in the last five years the volume consumed at regional level of liquid milk registered an increase, since between 2014 and 2019 it is estimated that demand in Central America rose from 3,907 to 4,202 million liters.
In the first semester of 2019, countries of the region imported $218 million in concept of preparations for animal feeding, 14% less than in the same period of 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
In the first nine months of 2018, countries in the region imported animal feed preparations worth $383 million, 15% more than in the same period in 2017.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
Between January and September of last year, trade in milk and dairy products between the countries of the region totaled $240 million, and more than 75% was bought by companies in El Salvador and Guatemala.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Companies in the region can submit their applications for new labels according to the new Central American Regulation on Pesticide Labeling until December 20, 2020.
The regulation amendment came into force at the end of 2018, and stipulates that after the authorities approve the changes to product labeling, companies will have one more year to exhaust the existence of previous labels in the market.
In the first half of the year, trade in milk and dairy products between Central American countries totaled $151 million, and more than 40% was bought by companies in El Salvador.
Figures from the information system on the Milk and Dairy Market in Central America complied by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Producers in El Salvador, Honduras and Guatemala, will have a processing plant, technical assistance and a global distribution network.
The funds from the Italian-Latin American International Organization (IILA) and the Italian Agency for Development Cooperation (AICS) are part of the project entitled "Revitalization of the quality cocoa chain in Central America and the Caribbean."
In 2017, countries in the region imported $458 million worth of animal feed preparations, 17% more than in the previous year, and the value imported from Mexico increased by 22%.
Figures from the information system on the Animal Feed Preparation Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
In 2017, trade in milk and dairy products among countries in the region amounted to $306 million, 2% more than what was sold in 2016, and the highest value in the last six years.
Figures from the Information System on the Milk and Milk Products Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
Explained by sales to the Netherlands, last year Central America exported $1.344 billion worth of palm oil and its fractions, 74% more than in 2016.
Figures from the information system on the Palm Oil Market and its Fractions in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
Between April 2016 and June 2017, the average price of an exported kilogram of palm oil and its fractions from Central America to Mexico grew by 59%, rising from $0.37 to $0.59.
Figures from the information system Palm Oil and its Fractions Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graphic"]
American Vanguard Corporation has announced the acquisition of Grupo Agricenter, dedicated to the production and commercialization of crop protection products in Central America.
From a statement issued by Agricenter:
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard Corporation (NYSE:AVD) announced today that its wholly owned subsidiary AMVAC Netherlands BV, will acquire Grupo Agricenter to reinforce its commercial, technical and development structure in the Latin-American region. AMVAC has been a key player in the Latin American agricultural sector for more than a decade and has become a leader in the nematicides segment for crops such as banana and pineapple. The acquisition of Grupo Agricenter, a well-established distributor of multiple crop protection products in seven Central American and Caribbean countries, will considerably expand AMVAC’s product and service offerings in the region.