In Central America, nearly 5 million people are looking to purchase home services online, and 8% of these consumers are exploring options for contracting residential cleaning services.
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 manner.
Based on records derived from the digital behavior of consumers, it is estimated that in the countries of the region more than 450 thousand people show interest in paints, and most of them are between 19 and 35 years old.
A study of the interests and preferences of consumers in Central America, prepared by the Trade Intelligence Unit of CentralAmericaData, gives interesting results on the preferences and tastes of people in various products, services and activities.
In the first nine months of 2019, trade in paints and varnishes among the countries of the region reached $94 million, 4% more than in the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
The Guatemalan business group Solid, manufacturer of Paleta and Corona paint brands, will invest $20 million in a production plant in the Dominican Republic.
With the projected investment, the business group plans to distribute its Corona brand products in 12 stores and 500 hardware stores in the Dominican Republic.
In the first three months of 2019, trade in paints and varnishes between the countries of the region totaled $31 million, 3% more than in the same period in 2018.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]
With the increase in the production capacity of its industrial plant in Guatemala, the manufacturer of painting tools, Farbe International, expects to produce 6 million brushes and 13 million felts or rollers per year.
Representatives of the company, which is part of Grupo Solid, assured that with this investment the plant located in Palín, Escuintla, becomes the largest in the region. From now on, it is expected to produce in one day what used to take them a month.
In the first nine months of 2018, trade in paints and varnishes between countries in the region totaled $91 million, down 9% from the same period in 2017.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics]
In the first half of 2018, trade in paints and lacquers between countries in the region totaled $59 million, and 76% was sold by companies in Costa Rica and El Salvador.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Imports of tools and ironmongery products reported last year in the country totaled about $500 million, and 21% of purchases were monopolized by four companies.
From the report “Ironmongery products market” in Central America complied by the Business Intelligence Unit at CentralAmericaData:
From January to March of this year, imports of paints and varnishes into the country totaled $12 million, and the value purchased from companies in Costa Rica decreased by 7% compared to the same period in 2017.
Figures from the information system on the Market for Paint and Varnish in Panama, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
The National Electrification Institute of Guatemala is putting out to tender cleaning and maintenance of 12,000 square meters of high pressure piping at the Aguacapa plant.
In 2017, trade in paint and varnish among countries in the region amounted to $142 million, 7% more than in 2016, and the highest value in the last six years.
Figures from the information system on the Market for Paint and Varnish in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
In 2016, imports of paints and varnishes amounted to $52 million, and the value imported from Mexico grew by 54% compared to 2015.
Figures from the Information System on the Market for Paint and Varnish in Panamacomplied by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
In 2016, the value of the paint and varnish sales among Central American countries totaled $133 million, 2% more than was traded in 2015.
Figures from the Information Systemon the Market for Paint and Varnish in CentralAmerica complied by the Business Intelligence Unit at CentralAmericaData: [Figure caption = "Click to interact with the graphic"]
Reports state that Glidden plans to invest $20 million in the construction of a paint manufacturing plant in Panama.
The new plant is expected to be operational in the second half of 2018, according to statements made by Marcos Achar Levy, CEO of PPG Industries, as reported by Martesfinanciero.com.Although the location of the factory, Achar Levy has not yet been defined, the investment has been already"... approved by the board of directors of the multinational."
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