For the third quarter of 2021, imports of non-alcoholic beverages reached $412 million in the Central American region, the main supplier was Guatemalan companies with $100 million.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
During 2020, imports of fruit and vegetable juices by companies in the region totaled $79 million, and purchases from Brazilian companies increased 45% over what was reported in 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
After in August 2020, in the context of the pandemic caused by covid-19, regional imports of bottled water dropped to a historic low of $700 thousand, in the following months a recovery was evidenced and in December the figure rose to $2 million.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
From January to June 2020, bottled water imports in Central America totaled $12 million, and purchases from companies in Mexico increased 86% compared to the same period in 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
As of October this year, the U.S. country will begin one of the phases of implementation of the new front labeling on food and non-alcoholic beverages, under the Labeling Law NOM-051 of the Ministry of Health.
One of the arguments that support the amendments to the Standard is the situation of health and welfare of citizens in the country. According to data from the National Health and Nutrition Survey (ENSANUT) 2018 (to date, the latest report released), 35.6% of children between 5 and 11 years old are overweight and obese. Meanwhile, children and young people between 12 and 19 years old report 38.4%, according to the Guatemalan Association of Exporters (Agexport).
According to the digital behavior of consumers, it is estimated that in the countries of the region more than 1.6 million people show interest in energy drinks, and most of them are between 19 and 35 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 various products, services and activities.
As Central American economies ease the restrictions that have been placed on the spread of covid-19, sales of bottled water are forecast to decline by at least 2%.
Using a demand/income sensitivity model developed by the Trade Intelligence Unit of CentralAmericaData, variations in household demand for different goods and services can be projected as the most critical phases in the spread of covid-19 are overcome and mobility restrictions are lifted in the countries of the region.
From January to September 2019, bottled water imports in Central America totaled $18 million, and purchases from companies in the United States increased 14% over the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
From January to September 2019, companies in the region bought fruit and vegetable juices abroad for $95 million, 5% less than in the same period in 2018, mainly due to the drop-in imports from Honduras and El Salvador.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption "Click to interact with graphics"]
As a result of the tax reform implemented in February 2019, Nicaragua tripled the tax burden on imports of all types of beverages, and nine months later, businessmen are still waiting for the government to review the collections.
On February 27, 2019, the amendment to the Tax Concertation Law was approved, which consisted of raising from 1% to 2% the income tax for medium sized companies with higher income, and for large taxpayers from 1% to 3%, the livestock sector has reported considerable increases in its production costs.
During the first half of 2019, imports of bottled water in Central America totaled $12 million, and purchases from companies in the United States increased 10% over the same period in 2018.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
In the first three months of 2019, countries in the region imported non-alcoholic beverages for $109 million, and purchases from the U.S. grew 10% over the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]
During the first quarter of 2019, imports of bottled water in Central America totaled $7 million, 7% more than what was purchased in the same period of 2018.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]
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