After the interest in sporting goods in Central America increased considerably in the first half of 2020, in the second half of last year and in the first four months of 2021 the number of searches on the Internet decreased.
Through a system that monitors in real time the changes in the interests and preferences of consumers in Central American countries, developed by CentralAmericaData, it is possible to project demand trends in the short and long term, for the different products, services, sectors and markets operating in the region.
World Gym, which in El Salvador is located in Antiguo Cuscatlan, has a potential market of 266,000 consumers 15 minutes away by car, of which 13% are interested in yoga and 12% in weight training.
Using the Geomarketing solutions that we have developed for our clients, CentralAmericaData's Trade Intelligence team analyzed the environment of some of the main locations of the fitness centers, which operate in the countries of Central America. Below is an extract of the study's findings.
In recent months, interest in sporting goods in the region's markets has increased, with Costa Rica and Panama recording the largest increases in interactions on the subject.
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 different products, sectors and markets operating in the region.
The rehabilitation of a sports center in Panama, a residential tower in Costa Rica and a mixed-use building in Guatemala are part of the investments announced in Central America at year-end.
The interactive system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are planned to be built in the coming months.
A sports center in Costa Rica, a shopping center in El Salvador and an office building in Nicaragua are part of the investments planned for the coming months in Central America.
The interactive system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are planned to be built soon.
In 2016 Central American countries imported $81 million worth of sports articles and equipment, 8% more than in 2015.
Figures from the Information System on the Market for Articles and Materials used for Physical and Sports Culture in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]
Between January and September 2016, the countries in the region imported in total a monthly average of $6 million worth of sporting goods and equipment.
Data from the Information Systemon the Market for Articles for Sports and Physical Culture in Central America,presented by the Business Intelligence Unit at CentralAmericaData: [Figure caption = "Click to interact with graphics"]
The mayoral office of Managua has announced that it is preparing the request for proposals document for the tendering of commercial spaces in the new baseball park, construction of which is now 70% complete.
Authorities at the Mayoral office of Managua explained that advertising spaces in the new ballpark will be auctioned soon, but they did not specify dates.
The construction of overpasses, two Olympic swimming pools and a sports complex are some of the projects planned by the Mayoral Office of Managua for development in 2017.
The Mayoral office of Managua has filed its 2017 Annual Investment Plan (AIP), which includes the development of 441 projects in 404 districts of Managua.For the development of these projects, the authorities announced that the Mayoral Office has allocated $161 million.
The Mayoral Office of Managua is putting out to tender the design, construction and equipment of a multipurpose convention center for the Central American Games 2017.
Nicaragua Government Purchase 133/2015:
"SUPPORT FOR CENTRAL AMERICAN GAMES 2017 (COMPONENTS: DESIGN, CONSTRUCTION AND EQUIPMENT OF A MULTIPURPOSE CONVENTION CENTRE)."
The deadline for receipt of bids is October 5, 2015.
In Nicaragua, the work was awarded to the consortium Estadio Nacional, composed of engineers D'Guerrero Ingenieros, NAP Ingenieros, Lacayo Fiallos, Meco and Facosa.
The work awarded by the Mayor of Managua is for the construction of a baseball stadium in the City of Managua, which must be completed in 2017 for use in the Central American Games.
The mayoral office of Managua, in Nicaragua, is putting out to tender the design and construction of the new National Baseball Stadium in the city of Managua, with capacity for 15,000 people.
Nicaragua Government Purchase 21/2015:
"DESIGN, CONSTRUCTION AND EQUIPMENT OF NEW NATIONAL BASEBALL STADIUM IN MANAGUA, NICARAGUA."
The deadline for submission of bids is April 10, 2015.
The mayoral office of Managua has eased requirements in the tender for construction of a baseball stadium estimated at $35 million, in order to facilitate the participation of local companies.
With the new modifications, the total assets required from companies will not be $30 million, but $15 million. In addition, consortia will be able to participate and there will be flexible financing options.
The mayor of the capital has started earthworks estimated at $35 million and plan to convene tenders for the construction of the stadium structure in the coming months.
The tender for the construction of vertical works will be undertaken by the Municipality and is expected to be convened in six months time. The new National Baseball Stadium will require an investment of approximately $35 million, funds will be provided by the Nicaraguan Government through a loan already approved by the Board of the City of Managua.
Both governments have agreed to build a baseball stadium for 30,000 spectators with an investment of $30 million from Taiwan plus another $5 million from Nicaragua.
"This week the honourable Ambassador of China Taiwan in Nicaragua, Ingrid Hsing and me will be signing the draft, which sets out additional conditions to the memorandum of understanding signed between the Foreign Minister of Nicaragua and the Taiwanese Chancellor," said Marlos Torres, director of the Nicaraguan Institute of Sports (IND).