In Panama, the government established the maximum gross profit margin in the entire commercialization chain, for different personal hygiene, cleaning and consumption items, which are of primary need.
According to Decree 152 dated May 13, the measure decreed is with the aim of mitigating the outbreak of covid-19 and to give the general population access to most products.
In recent weeks, interest in the Central American markets for issues and products related to the chemical industry reported a clear upturn, with Costa Rica, Guatemala, El Salvador and Honduras recording the largest increases in consumer interactions with this issue.
Through a system monitoring in real time the changes in the interests and preferences of the consumers in the countries of Central America, developed by the Trade Intelligence Unit of CentralAmericaData, it is possible to project short and long term demand trends for the different products, sectors and markets operating in the region.
In the new commercial scenario generated by the covid-19 crisis, some Guatemalan companies in the plastics industry are manufacturing masks, face masks, gloves and special suits for medical use.
The activity of the sector has fallen considerably due to the restrictions imposed by the outbreak of covid-19, and it is estimated that in the country only 60% of companies engaged in the manufacture of plastic products are working.
In Central America, it is expected that the impact of the covid-19 crisis on the plastic product manufacturing business will be partly explained by the expected drop in sales of bottles and household products.
From January to September 2019, Central American countries imported $290 million in plastic pipe and fittings, with Costa Rica and El Salvador being the markets where purchases increased.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
Between January and September 2019, Central America allocated $639 million to fertilizer imports, 7% less than in the same period in 2018, with Honduras and Guatemala being the markets that recorded the most significant reductions.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
The Costa Rican Social Security Fund is tendering the supply of medicinal and industrial gases at the regional level, under the delivery-on-demand modality.
Costa Rican Government Purchase 2020LN-000001-2299:
From January to September 2019, Central American companies imported from Mexico 125.6 metric tons of plastic and its manufactures, 14% more than reported in the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
Because fertilizers became more expensive due to the tax reform implemented last year, for the 2019-2020 agricultural cycle the volume demanded in the country fell by approximately 220,000 quintals.
Distributors in the country estimate that with the Tax Concentration Law approved at the end of February 2019, fertilizer prices increased up to 17% and agrochemicals between 20% and 30%.
From January to September 2019, companies in the region bought oil abroad for Ch$7,392 million, 3% less than in the same period in 2018, mainly due to the drop in imports from Panama and Nicaragua.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
In Guatemala, the government announced that in the next two years it plans to build a plastic waste recycling plant that would produce electricity, and the investment would be financed by donations.
The Ministry of Economy (Mineco) is focused on identifying within the metropolitan area which is the most suitable area for the installation of the plant and the plan is that it will start operating within two years.
In the first nine months of 2019, trade in paints and varnishes among the countries of the region reached $94 million, 4% more than in the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
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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