Between February 2018 and September 2020, an upward trend was reported in the average price of Central American pet food imports, going from $0.95 to $1.09 per kilo, which is equivalent to a 15% variation.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
From January to June 2020, companies in the region imported $110 million in dog and cat food, 18% more than the same period in 2019, a rise that is explained by the increase in purchases in all Central American markets.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
Given this business context in the region's markets, interest in pet food has rebounded, with Guatemala, Costa Rica and Panama recording the largest increases in interactions associated with the topic.
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 products, sectors and markets operating in the region.
From January to March 2020, companies in the region imported $52 million in dog and cat food, 11% more than what was reported for the same period in 2019, which is explained by the increase in purchases in the markets of Costa Rica and El Salvador.
Figures from CentralAmericaData's Commercial Intelligence Department: [GRAFICA caption="Click to interact with the graphic"]
In Central America about 2 million people are looking to buy some kind of pet supply online, and 13% of these consumers explore options for buying cat food.
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 manner.
From January to September 2019, companies in the region imported $144 million in dog and cat food, and purchases from Mexican companies increased 4% over the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
From January to June 2019, companies in the region imported $93 million in food for dogs and cats, and purchases from Mexican companies increased 10% 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 countries in the region imported $47 million in food for dogs and cats, 12% more than was reported in the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]
In 2016, the value of Central American imports of animal feed from the United States totaled $95 million, 9% more than in 2015.
Figures from the Information Systemon the Animal Feed Preparations Market in CentralAmerica complied by the Business Intelligence Unit at CentralAmericaData: [Figure caption = "Click to interact with the graphic"]
Operations have started at the pet food processing plant belonging to Corporacion Multi Inversiones, with capacity to produce up to 51,600 hundredweight of food.
At the factory, the livestock industry division of Corporacion Multi Inversiones (CMI) will process food for the Alican, Rambocan and Rufus brands, among others, using two production lines.
It has been reported that in 2014 the South American country imported $110 million in animal feed, 9% more than in 2013.
From a statement issued by the Costa Rica Foreign Trade Promotion Office (PROCOMER):
According to a study by the research firm Colombia B & Optimos, 37% of the 1,500 respondents in different cities, said they had a pet. Of these, 70% said they have dogs, while 13% said they have cats.