In order to ensure that a possible de-regulation would not generate an unjustified increase in the products considered to be of greater sensitivity, the government decided to extend the price control system of the basic basket for six more months.
At present, the list of products whose prices are controlled includes beef slices, ribbon steaks, ground beef, whole chicken, rice, onions, yams, national potatoes, perita tomatoes, cassava, powdered milk, sliced bread, processed American yellow cheese and sausages.
The Montblanc Shopping Center, in the Guatemalan city of Quetzaltenango, is a sales point that, at a distance of 15 minutes walking, holds a captive market of 35 thousand people who together spend $11 million, and of them, 11% show interest in Mexican food.
In CentralAmericaData we developed a geomarketing tool based on interactive maps, through which you can identify where people are and what characteristics they have as consumers. The map incorporates, for any Central American country, the variables population, income, average monthly expenditure and consumer interests. With this information it is possible to identify potential customers and define promotional strategies accordingly, or also explore home delivery times from any sales point.
Sales via websites, social networks and instant messaging systems, as well as offering home delivery and including frozen food on menus, are some of the innovations that restaurants have had to apply in the new commercial reality.
Until the abrupt change in consumption habits brought about by the covid-19 outbreak in Costa Rica, restaurants did not imagine that the situation would force them to abandon their classic table service.
Camanica Zona Franca S.A., Agromania Rio Morote S.A. and Premezclas Latinoamericanas S.A., are part of the companies that in 2019 participated in the business of importing shrimp feed in the region.
The market study "Food for Shrimp in Central America", prepared by the Trade Intelligence Unit of CentralAmericaData, details the main figures of the shrimp food import business and exports of the seafood in question.
Foods whose properties and benefits are well defined, and are produced by companies with sustainable practices, have the greatest potential to gain ground in a market that has been rapidly transformed.
Although in recent weeks’ e-commerce and analysis of how consumers buy in times of quarantine has occupied most companies, there are other trends that could define the food market, once the most critical phases of the covid-19 outbreak are over.
Closing children's play areas, placing glass in predetermined places and using disposable tableware and cutlery are some of the new health and safety protocols that restaurants must apply when faced with a change in business.
When restaurants begin to reactivate service in table areas, once the most critical phases of the covid-19 outbreak are over, companies must apply rigorous hygiene and social distancing protocols.
When the country's authorities begin to relax the restrictions that have been taken to prevent the spread of covid-19, it is predicted that rotisserie chicken sales could fall by 2%.
Using a demand/income sensitivity model developed by the Commercial Intelligence Area of CentralAmericaData, variations in household demand for different goods and services can be projected as the most critical phases of the spread of covid-19 are overcome and the measures restricting mobility in the countries of the region are lifted.
Given the health crisis, the food and beverage sector would be partly affected by the drop in the production of soft drinks and alcoholic beverages and the decline in sales of fish and seafood preparations.
The "Information System for the Impact Analysis of Covid-19 on Business", prepared by the Trade Intelligence Unit of CentralAmericaData, measures the degree of impact that the crisis will have on companies, depending on the country, sector or economic activity, during the coming months.
Given the crisis in the region, businessmen in Guatemala report that smuggling of Mexican products has increased, while in Panama, beer producers attribute the rise in illegal trade in alcoholic beverages to the dry law.
With the spread of Covid-19, governments in Central America have decreed mandatory quarantines and have also restricted the movement of consumers at certain hours.
From January to September 2019, Central American exports of vegetables totaled $159 million, 21% more than reported in the same period in 2018, a rise that is explained by the behavior of sales to companies in the United States.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graph"]
Because of the crisis generated by the covid-19, businessmen in the country estimate that due to the closure of shops, they are unable to sell an average of 200,000 bottles of milk per day.
According to the Association of Milk Producers of El Salvador (Proleche), national consumption has fallen in the last two weeks, a decline that can be explained by the home quarantine that has been decreed.
The Social Assistance Plan of the Presidency of the Dominican Republic tenders the supply of raw food to be donated to families at the national level, during the emergency period of the global covid-19 pandemic.
Because of the health alert for the coronavirus outbreak, it was decided to extend the licenses of artisanal and industrial fishermen for 60 days, and the health records that importing companies renew will be extended for three months.
The Aquatic Resources Authority of Panama (Arap) issued resolutions No. 28, 29 and 30, by which it extends until May 31, 2020 fishinglicenses for international service, coastal and industrial domestic service and the card to artisanal fishermen, whose expiration date is between March 1 and May 31, 2020.
This sector would be one of the least affected by the covid-19 crisis in Central America, which would be partly explained by the performance of bottled water sales and dairy marketing.
Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand. The OHNE brand has 8 product lines: square bread, sweet...
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