In the last quarter of 2020 and in January 2021 in Panama, Honduras and El Salvador interest in fast food reported a clear rebound, contrary to the situation in Guatemala, Costa Rica and the Dominican Republic, markets where Internet searches decreased.
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, services, sectors and markets operating in the region.
In the first six months of 2020, Central American countries bought $56 million in soups and their preparations, 14% more than what was reported in the same period of 2019, a rise that is explained by the behavior of Salvadoran, Nicaraguan, Honduran and Guatemalan imports.
Data from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
In the first half of 2020, Central American countries imported $140 million worth of candies, chocolates and other cocoa-based preparations, and purchases from Chinese companies exceeded by 13% what was reported during the same period of 2019.
Data from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
From January to June 2020, trade in milk and dairy products between Central American countries totaled $183 million, 19% more than what was recorded in the same period of 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
The increase in the international prices of corn and soybeans, inputs used to produce animal feed, threatens to put upward pressure on the production costs of meat, eggs and dairy products.
In recent months, the international price of a bushel (27 kilos) of soybeans increased by 28%, from $10.6 to $13.62, between November 1, 2020 and January 28, 2021.
In the new commercial reality in which customers value food free of any virus or bacteria, producers and international distribution chains are forced to reinforce their safety systems to reduce the risk of selling contaminated products.
Months ago, it was reported that in China, processed and frozen meat products arriving from abroad were detected with the presence of the coronavirus. Although there is no conclusive evidence that the virus affects humans when consuming infected food, there is mistrust among people.
Between August 2019 and June 2020, an upward trend was evident in the average price of Central American frozen fruit exports, as it increased from $1.04 to $1.45 per kilo.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
Between January and June 2020, Central America allocated $448 million to fertilizer imports, 2% more than the same period in 2019. Nicaragua, Guatemala, Honduras and El Salvador were the markets that explained the increase in regional purchases.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
From January to June 2020, exports from Central America of palm oil and its derivatives totaled $336 million, an amount barely 1% higher than that reported for the same period in 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graph"]
After reports of flying locusts entering Guatemala from the border area with the Yucatan, Mexico, Salvadoran authorities have declared themselves on alert because of the threat they could represent to local crops.
The Ministry of Agriculture and Livestock (MAG) is prepared to face the threat of a flying locust (Schistocerca piceifrons piceifrons) that could cause damage or loss to crops in our territory, details an official statement dated January 12, 2021.
From January to June 2020, Central American vegetable exports totaled $168 million, and sales to U.S. companies grew by 67% when compared to exports in the same period in 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graph"]
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"]
In the first half of 2020, Central America spent $206 million on rice imports, 50% more than in the same period in 2019, with Honduras, Panama, El Salvador and Guatemala being the markets that boosted the increase in purchases.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Changes in the points of consumption, increased sales through electronic channels, and more direct relationships between producers and roasters are some of the transformations reported in the coffee market at the regional and global level.
Changes in consumer habits, which were caused by the outbreak of covid-19 and the imposition of severe quarantines, ended up transforming several markets, including the coffee market.
Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand. The OHNE brand has 8 product lines: square bread, sweet...
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