For the third quarter of 2021, sales of frozen shrimp and prawns in Central America showed a slight increase in the region, reaching $241 million in exports, of which Honduras is the largest supplier with $188 million at $7.72 per ton.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
Between the third quarter of 2019 and the same period of 2020 the exported value of frozen shrimp and prawns registered a 6% decrease, going from $219 million to $205 million.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
From January to June 2020, companies from Central American countries exported frozen shrimp and prawns for $60 million, and sales to the United Kingdom grew by 36% compared to the same period in 2019.
Figures from the Trade Intelligence Area of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Because in today's business reality many people prefer to spend more time at home and cook their own food, the demand for easy-to-prepare processed seafood has grown.
At a global level, changes in consumer behavior have been reported, because of the quarantines decreed in several countries of the world by the outbreak of covid-19, people's habits, tastes and preferences have been changing.
From January to March 2020, companies from Central American countries exported frozen shrimp and prawns for $60 million, and sales to Taiwan grew by 56% compared to the same period in 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Camanica Zona Franca S.A., Agromania Rio Morote S.A. and Premezclas Latinoamericanas S.A., are part of the companies that in 2019 participated in the business of importing shrimp feed in the region.
The market study "Food for Shrimp in Central America", prepared by the Trade Intelligence Unit of CentralAmericaData, details the main figures of the shrimp food import business and exports of the seafood in question.
The marketing of organic shrimp, vegetable meat, Monk Fruit and carob are some of the innovative market opportunities that Guatemalan exporters have identified for this year.
For the "Best Markets, Products & Services 2020 Study", prepared by the Market Development and Trade Promotion Department of AGEXPORT, 27 high potential markets for Guatemalan products and services exports were selected, identifying 18 countries and 9 states of the United States, which together with the 351 tariff items generate more than 900 commercial opportunities for the Guatemalan exportable supply and international markets, informed the sector's union.
From January to June 2019, companies in Central American countries exported frozen shrimp and prawns for $116 million, and sales to the United Kingdom grew by 19% over the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
From January to March 2019, companies from Central American countries exported frozen shrimp and prawns for $59 million, and sales to the United Kingdom grew 39% over the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]
A week after suspending operations because of extortion by local criminal groups, Nova Guatemala decided to restart operations on 19 August.
Days ago it was reported that because of the insecurity conditions in the municipality of Champerico, in Retalhuleu, the company had decided to suspend its operation.
However, after reaching an agreement that the National Civil Police and elements of the Army provide surveillance to the facilities, it was decided to resume production activities.
The shrimp company Nova Guatemala, which has been operating for more than 20 years in Champerico, Retalhuleu, has been closed since Aug. 12 because of the extortion it suffers from criminal groups.
Representatives of the Guatemalan Association of Exporters (Agexport) reported that the affected company has approached in search of support, but the details of the case are kept confidential.
Integral Fruits & Co., a company of Ecuadorian origin, plans to invest in the country close to $6 million in the construction of two aquaculture farms and the production of different types of fruit.
One of the projects that the company will execute will begin in mid-2020 and consists of the construction of a farm with 64 swimming pools dedicated to the cultivation of tilapia, white shrimp, snapper and cod.
In the first nine months of last year, Central American countries exported frozen shrimp and prawns for $321 million, 17% more than in the same period in 2017.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
In the first half of the year, Central American countries exported frozen shrimp and prawns for $207 million, 53% more than during the same period in 2017.
Figures from the information system on the frozen shrimp and prawns market in Central America complied by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]