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).
Because the Ecuadorian market is highly dependent on imports and its local industry is incipient, there are opportunities for bulk exports and packaging in the South American country.
To enter the market, products can be sold to distribution companies, whether these register the products themselves under their own brand, import in bulk/concentrate, repackage and distribute, or do so under the manufacturer's brand and import and distribute ready-to-retail products (this can be on an exclusive basis), explains a study by the Foreign Trade Promotion Agency (Procomer).
Turn-Key Fruit and Vegetable Frozen Food Plant for sale.
Turn-Key Fruit and Vegetable Frozen Food Plantfor sale in Sebaco, Nicaragua (the vegetable growing region). Business with equipment located in a free zone, all free zone certifications in place and ready to operate.
In the context of the tense diplomatic and commercial relationship between the two world powers, Central American countries could have the opportunity to attract new investments, as it is estimated that some American companies would need to migrate their operations to the American continent.
As a result of the tension between the two nations, Mauricio Claver-Carone, an advisor to President Trump, believes that U.S. capital, which currently generates thousands of jobs in China, will turn south of the U.S. borders.
Because the Asian giant is the world's largest buyer of fresh fruit and people are willing to consume new and tropical foods, the region's pineapple producers have the opportunity to increase their business with the Chinese market.
According to a study conducted by the Foreign Trade Promoter (Procomer), China remains one of the largest producers of fruit in the world, but quality remains a problem, so they are interested in imported fruit, added to consumers looking for better quality products as part of the search for a healthier lifestyle.
The health and economic crisis will result in a reordering of foreign investment at the global level, and countries like Central America will have the opportunity to take advantage of their geographical position to attract fresh capital.
The outbreak of covid-19 worldwide will cause a drop in production in 2020, however, by 2021 and 2022 the forecasts of international organizations anticipate that economic activity could rebound, a rise that would be coupled with new investments in various markets and sectors.
Increased demand for cleaning products, the use of e-commerce as a purchasing channel and the preference for functional foods are some of the new trends that will prevail in the medium and long term, once the pandemic is overcome.
According to a study prepared by the Foreign Trade Promoter of Costa Rica (Procomer), the outbreak of covid-19 has caused changes in consumer behavior and to take advantage of the opportunities one must begin to understand those that will come after the pandemic is overcome.
Logistics, banking, tourism and education are some of the sectors in Panama that need to modernize their computer systems, which generates business opportunities for developers of technological solutions.
According to a study prepared by the Foreign Trade Promoter (Procomer), Panama's ICT market exceeds $1.5 billion per year as a contribution to the Gross Domestic Product (GDP).
New health and hygiene protocols in the establishments and the commitment to attract national tourists in an environment where short trips will be preferred, are some of the trends predicted in the new "normality" that will come after the quarantine period.
Given the quarantines decreed by most governments worldwide, it is anticipated that the habits of tourists will change dramatically in the short and medium term, as the crisis of covid-19 will leave consequences among consumers.
The restrictions on mobility decreed in the region open up new opportunities for sales points such as small self-service shops, grocery stores and corner shops, which can make use of home delivery service schemes to boost their sales in this context.
In the current context of health crisis, large supermarket chains have implemented safety and hygiene protocols, which force consumers to assume long waiting times to do their shopping.
Within this context of health emergency, the mobility restriction measures decreed by the governments have forced people to change their consumption habits, a situation that forces companies to look for ways to deliver the products to their customers.
In order to adapt to this new economic reality and derived from the outbreak of covid-19 in Central American countries, companies have been forced to rely on marketing channels that until a few weeks ago were not among the most important in their commercial strategy.
Analyzing the economic and financial situation of the company, implementing a resistance plan, identifying what products customers need and what opportunities can be exploited in this context, are some of the tips for businesses in the new and complex reality.
In response to the arrival of the covid-19 virus in the region, Central American economies have taken different measures, in scenarios ranging from severe mobility restrictions, as in Guatemala or Honduras, to others that are less strict but equally negative for economic activity, as in Costa Rica.
Because of the restrictions on movement decreed in Central American countries, orders in applications dedicated to home delivery have increased considerably.
The services of electronic delivery platforms such as Hugo and Uber Eats, among others, are among the few sectors that will be able to circulate in El Salvador after Nayib Bukele announced on March 21 the home quarantine, which will last 30 days.
Following the spread of the virus globally and the suspension of some production in China, several garment companies in the region have reported increases in their orders.
The spread of the epidemic has stopped much of the economic activity of the Asian giant, which is the largest exporter of textiles in the world.
Recruiting the best staff to operate the points of sale and reducing the costs of the initial investments to set up a franchise are some of the challenges faced by franchisers, who expect better sales in 2020.
Access to financing, containment of operating costs, and maintaining profitability levels are other issues of concern to franchisors in Guatemala.
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