In the second quarter of 2021 there was a recovery in the furniture sector, reaching $183 million in purchases equivalent to a 46% growth, the main supplier to Central America was China with 28% in sales.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
After in May 2020, in the context of the pandemic caused by Covid-19, Central American furniture imports dropped to a historic low of $14 million, in the following months a recovery was evidenced and in December purchases amounted to $29 million.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
In the Dominican Republic, the Presidency's Social Assistance Plan is tendering for the supply of appliances and household goods to be donated to low-income families for a 12-month period.
Dominican Republic Government Purchase PASP-CCC-LPN-2021-0003:
"Appliances, household goods and furniture required:
After in May 2020 in the context of the pandemic caused by covid-19, Central American furniture imports fell to a historic low of $14 million, in the following months an incipient recovery was evidenced.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
The General Directorate of Public Procurement tenders the supply of office furniture to be used by the State Entities, during 2021 to 2023.
Panama Government Purchase 2020-1-27-0-99-LM-002306:
"All products to be quoted by the proposers must be new and must comply with the characteristics requested in the solicitation document.
-MDF desks and tables may have components of other materials such as metal or other materials for legs, panels, skirts, drawer fronts, drawer bodies and bottoms, and frames (reinforcements).
In the first half of 2020, imports of home and office furniture in the region's countries amounted to $125 million, 29% less than in the same period in 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Between July and October 2020, the number of people in Guatemala exploring options for buying barbecue grills online increased by 51%, while the number of Costa Rican consumers looking to buy garden furniture grew by 39%.
CentralAmericaData's interactive platform, Consumer Insights, monitors in real time changes in consumer habits in all markets in the region and in other Latin American countries, with fundamental information to understand their behavior, new trends and anticipate eventual changes in their purchasing patterns.
Since people are staying at home more because of changing consumer habits, Guatemalan entrepreneurs say that kitchen furniture, pergolas and other household items have been in the greatest demand.
Because of the economic crisis that resulted from the covid-19 outbreak, sales goals will not be met this year. Prior to the start of the pandemic, Guatemalan entrepreneurs in the sector estimated that by 2020 the amount of furniture and wood products sold would be $210 million, but in the current context, they forecast that the figure will be reduced to $160 million.
When comparing July and October 2020, the number of consumers in the country who were exploring options to buy a Ford brand vehicle through the Internet increased 30%, and the number of people looking to buy a photographic lens decreased 29%.
CentralAmericaData's interactive platform, Consumer Insights, monitors in real time changes in consumer habits in all markets in the region and in other Latin American countries, with fundamental information to understand their behavior, new trends and anticipate eventual changes in their purchase patterns.
When the first cases of covid-19 were recorded in Central America, interest in this type of furniture collapsed, but, since April, the number of Internet searches and digital interactions associated with the topic began to grow in all countries.
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 types of furniture, products, services, sectors and markets operating in the region.
From January to March 2020, imports of home and office furniture in the countries of the region totaled $81 million, with Guatemalan and Costa Rican companies accounting for 44% of the total.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Explore the data in the interactive visualization.
From January to April 2020, Central American companies imported more than $3 million in furniture and parts from Mexico, and 46% of the total was purchased by companies in Guatemala and Panama.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
In the region's countries, nearly 6 million people are looking online to buy some type of home furniture, and of this group of consumers, approximately 13% explore options for purchasing beds or bed frames.
The interactive information system developed by CentralAmericaData, monitors in real time the changes in consumer habits in all markets of the region, with fundamental information to understand the new commercial environment that has emerged in an accelerated way.
The Costa Rican Attorney General's Office is tendering the construction of a six-story office building and a basement for parking in San Jose.
Costa Rica Government Purchase 2020LN-000001-0022100001:
"The project includes the construction of a building consisting of six floors of offices and a basement for parking and machinery house, in addition to an access ramp and some minor external works.