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"]
In recent weeks in Central American countries, the volume of searches and conversations on the Internet associated with fruits and vegetables began to decrease, a downward trend that continued until mid-November.
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, Central American vegetable exports totaled $99 million, 77% more than what was reported for the same period in 2019, a rise that is explained by the increase in the average price and the sales behavior of Guatemalan companies.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
The supply of processed fruits and vegetables by Chilean companies is largely complemented by inputs from other countries, with berries, apples, kiwis, peaches and uncooked vegetables being some of the most demanded products.
During 2019, Chilean imports of fruits and vegetables amounted to Ch$200 million, 54% preserved and 22% frozen, 19% juices and 6% purées and jellies, explains a study by the Chilean Foreign Trade Promotion Agency (Procomer).
How many people are interested in this type of food, where they are located, how old are they and what is their monthly spending level, are some of the questions that can be answered with the use of specialized geomarketing tools.
At CentralAmericaData we have developed a geomarketing tool based on interactive maps, through which it is possible to identify where people are and what characteristics they have as consumers. The map incorporates, for any country in Central America, variables such as population, income, average monthly expenditure and consumer interests. With this information, it is possible to identify potential clients and define promotional strategies accordingly, or also explore home delivery times from any point of sale.
From January to September 2019, Central American exports of vegetables totaled $159 million, 21% more than reported in the same period in 2018, a rise that is explained by the behavior of sales to companies in the United States.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graph"]
An industrial plant for the processing of vegetables, fruits, grains, dairy products, roots and tubers will be built in the canton of Coto Brus, province of Puntarenas.
The Costa Rican government awarded the contract for the construction of this industrial complex to the company Vidalco Empresa Constructora. It is estimated that the overall investment will be approximately $3 million.
From January to September 2019, companies in the region bought fruit and vegetable juices abroad for $95 million, 5% less than in the same period in 2018, mainly due to the drop-in imports from Honduras and El Salvador.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption "Click to interact with graphics"]
JH Biotech, a subsidiary of Jianghuai Horticulture seed Co., dedicated to the genetic improvement in seeds of horticultural products started operations in Nandayure, Guanacaste.
From Costa Rica, the company will work on generating hybrid seeds of different varieties of watermelon, melon, pumpkin and chilies. In its laboratories, molecular analysis processes are carried out to verify quality results.
From January to June 2019 Central American exports of vegetables totaled $105 million, 5% more than what was reported in the same period in 2018, a rise explained by the behavior of sales to companies in the United States.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
In the first half of 2019, Central American companies imported fruit and vegetable juices for $63 million, and purchases from companies in Mexico increased 5% over the same period in 2018.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
From January to March 2019, Central American exports of vegetables totaled $56 million, 5% less than what was reported in the same period in 2018, a decrease explained by the behavior of sales to companies in the United States.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]
Producers in Panama report that the wholesale price of potato quintal is $30, which is attributed to the excess supply in the country.
According to businessmen's estimates, consumption per month in the local market is about 50,000 quintals of potato, and it is expected that in August production in the country will rise to 75,000 quintals and in September to 55,000 quintals.
Last year, regional exports of vegetables totaled $180 million, 10% more than 2017, a rise explained by the behavior of company sales in Guatemala and Honduras.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
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