Betting on the latest technology projects, agriculture 4.0 and seeking alternative products derived from sugarcane so as not to depend on international prices, are some of the lines of action on which the Guatemalan sugar sector will focus in the coming years.
Although sugar prices in the international market have improved between October 2020 and April 2021, in previous years there was a downward trend that pressured mills to explore new market opportunities for sugarcane-derived products.
During 2020, total sales of cleaning chemical products in the Salvadoran market reached $143 million, 13% more than what was reported in 2019, with Guatemala, Honduras, Costa Rica and Mexico being the main suppliers of local companies.
institutional channel, which have shown an average annual growth of 5% in the last five years, according to a study by the Foreign Trade Promoter of Costa Rica (Procomer).
Thailand and Spain are markets with global potential to increase their consumption of frozen tuna, and in the case of fresh or refrigerated tuna fillets, the United States is expected to increase its demand in the coming years.
As new lifestyles in Europe are increasing the need for easy-to-use/prepare and value-added fish formats as consumers find it difficult to cook and prepare fish, tuna has multiple opportunities in the present and future.
After the Association Agreement with the United Kingdom came into effect on January 1, Guatemalan businessmen are confident that business opportunities will be generated during 2021.
D-uñas, Despierta by cdr Coaching, VR Airsoft, Levaduramadre, Nails Factory, Geotesr and Capricho Diario, are the franchises of Spanish origin that seek to open operations in the Guatemalan market.
In addition to the 32 Spanish franchises already operating in Guatemala, the Spanish Franchisors Association (AEF) presented seven other brands that are interested in competing in the Guatemalan market.
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Whether as a fresh or dry product, there are multiple trading opportunities in markets such as the US, UK, Germany and Japan, which are the main importers of this plant globally.
When sold as a food ingredient, raw material or cosmetic, in the medium and long term there are greater opportunities for internationalization to greater added value can be given to the product, highlights a report prepared by the Promotora de Comercio Exterior de Costa Rica (Procomer).
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.
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.
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.
The cultivation, processing and export of coconut and its derivatives, and the transformation of goat activity focused on the manufacture of personal care and health products, are some of the proposals for Costa Rican agriculture to generate greater added value.
A study conducted by FUNDES Strategy identifies new opportunities for Costa Rica's agricultural sector.
Businessmen are looking to districts such as Arraiján and La Chorrera, as the improved connectivity brought by the Fourth Bridge over the Canal and Metro Line 3 will bring a wide range of business opportunities.
These districts, in which considerable growth is expected in the next few years, currently remain among the main areas attracting investment in the construction sector, since according to figures from the Comptroller's Office, between January and July of this year, the costs of new works, additions and repairs reported in La Chorrera and Arraiján, totaled $79 million and $58 million, respectively.
From September 17-19, food and construction companies will visit Costa Rica to explore business opportunities with local companies.
Yerbal (Pambiotica S.L.), a company dedicated to the production of infusions, spices and condiments, EXMESA (Export of goods from Extremadura), which produces confectionery based on figs, and the wine cellar HABLA belong to the food sector, informed the Chamber of Foreign Trade (CRECEX).
Although the construction of houses in Nicaragua is depressed because of the crisis that the country is going through, entrepreneurs in the sector see business opportunities in the resale of real estate and land.
With the aim of signing agreements on economic and trade issues, Nicaraguan authorities visited Iran, but for Nicaraguan businessmen there is no possibility of "developing markets with that country.”
Ortega's regime seeks to strengthen its relations with Iran, since it recently sent to the National Assembly for approval, the "Agreement for the Reciprocal Promotion and Protection of Investments between Nicaragua and the Islamic Republic of Iran."