The Asian giant represents a market of 1.345 million consumers and is the world's second largest importer of the agrifood sector, with $126 billion per year.
The study "Food Market in China", compiled by Procomer Costa Rica, indicates that in the Asian country 50% of agrifood imports are from the agricultural sector, in products such as soybeans (which corresponds to the main of the entire agrifood sector), barley and rice.
Building specialized docks for the auxiliary marine industry and increasing the capacity to deliver quickly by air are some of the challenges that Panama will face in the coming years.
The Panamanian economy depends heavily on the logistics sector, but currently faces new challenges because of the increasing competition from other regional players who offer better costs in managing cargo on a large scale.
Searching for home furnishings, accessories, clothing and gifts, more than 150 local and international buyers will participate in the New World Crafts Fair, to be held in Antigua on September 24 and 25.
From the Agexport statement:
AGEXPORT's Handmade Commission prepares for the 12th. Edition of the New World Crafts Fair (NWC), the most important marketing platform for handmade products from Guatemala in the region and one of the main in Latin America, which will take place on September 24 and 25, 2019 at the Hotel Casa Santo Domingo, Antigua Guatemala.
In order to grow their brands, one of the bets that restaurants in Costa Rica are making is to market their products in supermarkets.
In the Costa Rican market there are companies that have taken several years to begin the process of marketing their products in supermarkets, because they must meet multiple requirements, such as health records, labeling standards, bar codes, among others.
Because wood is being demanded for different types of use, opportunities have been identified to design and manufacture several differentiated products with high marketing potential.
According to Guatemalan businessmen in the sector, wood is no longer being used only for the manufacture of furniture or decoration of residences, but is also being demanded in corporate spaces such as offices and work environments, and in places such as retail stores, restaurants, hotels and hospitals.
Meeting the demands of consumers who increasingly seek responsibility in the production chain and balancing sales between physical and digital formats are part of the challenges faced by businesses in Panama.
The CEO and president of Grupo Rey, Hernán Muntaner, points out that globally the sales of modern channels such as hypermarkets and supermarkets are decreasing, giving way to other forms such as online channels and discount stores.
The European country represents a market of 10 million inhabitants and its per capita expenditure on fruits and vegetables reaches $500 million per year, one of the highest in this category.
Procomer Costa Rica's "Fresh and Processed Foods in Portugal" study shows that in 2018, food spending in Portugal, including alcoholic beverages, reached $3,132 per capita, 20% of total consumption spending.
By analyzing the behavior of the global market, it is established that Holland, Switzerland and Germany are willing to pay a higher price for a distinctive cup of coffee.
Between the Committee of Distinguished Coffees of the guild of exporters of Guatemala and the European Union, they carried out the study called "Trends and Opportunities of exportation of coffee with added value", in which the price of coffee in 77 cities of the world was compared.
From July 25th to 28th, Expomueble y Promueble will be held at ExpoCenter del Grand Tikal Futura, an event that will bring together the main producers and distributors of inputs, tools, machinery and services for the entire production chain.
The Organizing Committee and the Commission of Manufacturers of Furniture, Wood and its Products (COFAMA) of AGEXPORT estimates the participation in the exhibition floor of 15,000 visitors among carpenters, furniture manufacturers, developers of construction projects, architects, interior designers, students and public.
The plan to impose a 5% tariff on Mexican products entering the U.S. would open up opportunities for Central American countries to increase their sales to the U.S., but there are fears that similar measures could be taken against the region.
On May 30, President Trump announced on his Twitter account that he plans to impose a 5% tariff on Mexican products entering the U.S.
This cannel represents 42% of total spending by U.S. consumers on food outside the home, making it the sixth country in the world with the highest per capita spending on food in this type of channel.
The study "Characterization of the foodservice channel in the United States", by Procomer Costa Rica, indicates that 33% of what Costa Rica exports to the U.S.
At least 183 products, especially from the food, metalworking and chemical sectors, stand out for their marketing potential in the Moroccan market.
The Foreign Trade Promoter of Costa Rica (PROCOMER), prepared the study "Mapping Morocco: the commercial gateway to Africa", which identified 183 products with theoretical potential to be exported to this destination.
From May 14 to 16 in Guatemala, textile exporters from the region will meet with international buyers at Apparel Sourcing Show, to explore business opportunities.
The objective of the event is to allow all members of the Central American industry value chain to expose their capabilities to buyers and promote the integration of the supply chain.
The unsatisfied demand for vegetables in the Salvadoran market opens opportunities for businessmen in the region to place their products in the coming years.
A diagnosis by the Foundation for Investment and Development of Exports of Honduras (Fide), estimates that by 2021 in El Salvador the unsatisfied demand for white onion, carrot and potato, together will total about 30 million tons.
From May 9 to 10 in Costa Rica Expotur 2019 will be held at the National Convention Center, which will bring together 230 international buyers from the tourism sector from 35 countries.
Erasmo Rojas, president of the Costa Rican Association of Tourism Professionals (Acoprot), explained to Nacion.com that "... The activity consists of two days of negotiations and alliances that allow revitalize the tourist offer each year and generate millions of dollars in tourist currency for accommodations, food and transportation."