In the first quarter of 2018, imports of solid soybean waste in the Central American countries amounted to $131 million, 26% more than in the same period in 2017.
Figures from the information system on theMarket for Solid Soybean Oil Wastein Central America, compiled by the Business Intelligence Unit atCentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
From January to March of this year countries in the region imported $4.1 million worth of sausages from Mexico, 17% more than what was purchased in the same period in 2017.
Figures from the Information System on the Sausage Meat Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
In the first quarter of the year, Honduras imported $24 million worth of baked goods, confectionery and biscuit products, and purchases made from companies in El Salvador grew by 11% compared to the same period in 2017.
Figures from the information system on the Market for Baked Goods, Pastry and Biscuit Products in Honduras, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
In the first three months of the year, countries in the region imported $117 million worth of animal feed preparations, 15% more than in the same period in 2017.
Figures from the information system on the Animal Feed Preparations Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
From January to March, countries in the region imported $213 million worth of food preparation supplies, 2% more than what was purchased in the same period in 2017.
Figures from the information system on the Market for Food Preparation Ingredients in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
In July, the FAO food price index registered the sharpest monthly decline since December 2017, due to a reduction in the prices of all the food in it.
From the monthly FAO report:
» The FAO Food Price Index* (FFPI) averaged 168.8 points in July 2018, down as much as 6.5 points (3.7 percent) from June and 10.3 points (3.7 percent) from the corresponding period last year. The July fall marked the first significant month-on-month decline in the value of the FFPI since December 2017, reflecting notable drops in the values of all sub-indices.
Food companies in Costa Rica say that eliminating VAT from the basic basket in the tax reform proposal would create an incentive for imported foods, over and above local production.
The Costa Rican Chamber of the Food Industry (Cacia) reacted to the decision of the deputies to exempt VAT of 1% and 2% on the products of the basic basket in the Bill of Strengthening of Public Finances, which is being discussed in the Assembly.
In the first three months of the year, Central American countries imported $118 million worth of bakery, confectionery and biscuit products, and $49 million worth was purchased by companies in Guatemala and Honduras.
Figures from the information system on the Market for Baked Goods, Pastry and Biscuit Products in Central America, compiled by the Business Intelligence Unit at CentralAmericaData : [GRAFICA caption = "Click to interact with graph"]
In the first three months of the year countries in the region bought $27 million worth of soups and their preparations, and imports from Mexico grew by 35% over the same period in 2017.
Figures from the information system on the Market for Soups and Soup Preparations in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
In the first three months of the year, countries in the region imported $82 million worth of confectionery, chocolates and other preparations based on cocoa, and 48% came from the USA and Mexico.
Data from the information system on the Confectionery and Chocolate Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData:
The Guatemalan Corporación Multi Inversiones has inaugurated a plant with the capacity to produce 40 metric tons of animal feed per hour, located in Alajuela, Costa Rica.
In the first quarter of the year, Central American countries exported $90 million worth of frozen shrimp and langoustine, which is 76% more than in the same period in 2017, mainly due to sales to the US and Taiwan.
Figures from the information system on the Market for Frozen Shrimp and Langoustine in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
The FAO food price index registered an interannual decrease of close to 1%, due to weakening in most markets, as a result of tensions in international trade relations.
From the monthly FAO report:
The FAO Food Price Index* (FFPI) averaged 173.7 points in June 2018, down 2.4 points (1.3 percent) from its level in May, representing the first month-on month decline since the beginning of this year. Most markets have generally taken-on a weaker tone recently largely because of rising tensions in international trade relations.
Last year countries in the region bought $103 million worth of soups and their preparations, and 61% were imported by companies in Honduras, El Salvador and Nicaragua.
Figures from the information system on the Market for Soups and Soup Preparations in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
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