In the second quarter of 2021 there was a recovery in the furniture sector, reaching $183 million in purchases equivalent to a 46% growth, the main supplier to Central America was China with 28% in sales.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
After in May 2020, in the context of the pandemic caused by Covid-19, Central American furniture imports dropped to a historic low of $14 million, in the following months a recovery was evidenced and in December purchases amounted to $29 million.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
After in May 2020 in the context of the pandemic caused by covid-19, Central American furniture imports fell to a historic low of $14 million, in the following months an incipient recovery was evidenced.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
In the first half of 2020, imports of home and office furniture in the region's countries amounted to $125 million, 29% less than in the same period in 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Between July and October 2020, the number of people in Guatemala exploring options for buying barbecue grills online increased by 51%, while the number of Costa Rican consumers looking to buy garden furniture grew by 39%.
CentralAmericaData's interactive platform, Consumer Insights, monitors in real time changes in consumer habits in all markets in the region and in other Latin American countries, with fundamental information to understand their behavior, new trends and anticipate eventual changes in their purchasing patterns.
When the first cases of covid-19 were recorded in Central America, interest in this type of furniture collapsed, but, since April, the number of Internet searches and digital interactions associated with the topic began to grow in all countries.
Through a system that monitors in real time changes in consumer interests and preferences in Central American countries, developed by CentralAmericaData, it is possible to project short and long-term demand trends for the different types of furniture, products, services, sectors and markets operating in the region.
From January to March 2020, imports of home and office furniture in the countries of the region totaled $81 million, with Guatemalan and Costa Rican companies accounting for 44% of the total.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Explore the data in the interactive visualization.
From January to April 2020, Central American companies imported more than $3 million in furniture and parts from Mexico, and 46% of the total was purchased by companies in Guatemala and Panama.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
In the region's countries, nearly 6 million people are looking online to buy some type of home furniture, and of this group of consumers, approximately 13% explore options for purchasing beds or bed frames.
The interactive information system developed by CentralAmericaData, monitors in real time the changes in consumer habits in all markets of the region, with fundamental information to understand the new commercial environment that has emerged in an accelerated way.
According to the digital behavior of consumers, it is estimated that in the countries of the region more than 6 million people show interest in furniture, and most of them are between 26 and 45 years old.
A study of consumer interests and preferences in Central America, prepared by the Trade Intelligence Unit of CentralAmericaData, provides interesting results on people's preferences and tastes in several products, services and activities.
In Central America it is expected that the covid-19 crisis will reduce retail sales of household items, a decline that will be explained partly by the expected fall in sales of articles for interior decoration.
The "Information System for the Impact Analysis of Covid-19 on Businesses", prepared by the Trade Intelligence Unit of CentralAmericaData, measures the impact that the crisis will have on companies according to their sector or economic activity, considering different scenarios for the coming months.
If quarantine and mobility restriction measures are extended by two months, it is expected that by the end of the year the annualized demand for industrial wood products in Central America will have fallen by 10%.
The "Information System for the Impact Analysis of Covid-19 on Business", prepared by the Trade Intelligence Area of CentralAmericaData, measures the degree of impact that the crisis will have on companies according to their sector or economic activity, considering different scenarios for the coming months.
From January to September 2019, imports of home and office furniture in the countries of the region totaled $267 million, and purchases from companies in Colombia increased by 5% over the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]