VEHICLE FLEET
Vehicles: Which Brands Control the Market?Tuesday, June 8, 2021 During the first months of 2021, 20% of the automobile-type vehicles circulating on the streets of Central American countries were Honda, Mazda, Chevrolet and Ford brands, while of the total number of light-duty vehicles, Isuzu, Hyundai and Hino accounted for 10%. The report "Vehicle fleet in Central America", from CentralAmericaData's Business Intelligence area, gathers the most updated information on the automotive market in Central American countries. Office Market: Vacancy Rate RisingTuesday, June 1, 2021 Last year in Costa Rica, the office market vacancy rate doubled from 7.45% in the first quarter of 2020 to 15.15% in the same period of 2021, a rise that was largely induced by the implementation of telecommuting. In this context of health crisis that was triggered by the spread of Covid-19 several companies changed their work dynamics, with migration to telecommuting being one of the most important changes. Ice Cream and Market AdjustmentsThursday, April 22, 2021 As a result of the pandemic, the consumer habits of Costa Ricans changed, a phenomenon that was evidenced in the forms of consumption of ice cream, which is now more frequently consumed in homes. In the new commercial reality, the consumption of individual ice creams was considerably reduced and in the case of multipacks, sales increased. This change is due to the fact that nowadays people spend more time in their homes and prefer to consume this type of products at home. PURCHASE OPPORTUNITY Costa Rica ECO-Residential Development & BusinessMonday, April 12, 2021 Real Estate Development & Adventure Park Jacó, Costa Rica. Multiple Investment Opportunities Available. The Ocean Ranch eco-residential development is located along the Central Pacific coast, just a mile from Jaco's well-traveled beach town. The 850± acre (348± HA) property is made up of 5 parcels – one of which includes a successful operating eco-adventure business. Ice Cream: Promising Business in GuatemalaThursday, February 25, 2021 Between 2019 and 2020, it is estimated that ice cream sales in the country increased by 6%, with supermarkets, discount stores and convenience stores being the main marketing points, as 7 out of every 10 units are sold in these establishments. In recent years, ice cream consumption in the Guatemalan market has increased considerably, since between 2019 and 2020 sales increased by $8 million, going from $128 million to $136 million, according to Euromonitor estimates. Consumer Behavior: Trends for 2021Thursday, January 28, 2021 In this context of changing behaviors and new commercial realities, consumers are expected to increase their preference for open spaces, green areas, contactless payment systems, and stores where there are no queues. The covid-19 outbreak caused far-reaching changes in the way people behave. These changes brought about a new business normal, a reality to which companies have had to adapt rapidly. The Cost of Political InstabilityThursday, November 26, 2020 More than two years ago, Convía won the contest to rehabilitate and operate the Escuintla-Puerto Quetzal highway in Guatemala. However, the Congress of the Republic, which is in chaos due to a new political crisis, has not yet defined whether to approve the PPP or not. After a bidding process, the concession was granted in July 2018 through a public bidding process to the Consorcio Autopistas de Guatemala (Convía), a business group that passed the proposals of Mota-Engil Latin America and Anas International Enterprise. Costa Rica: Hotels Reopen Their DoorsTuesday, November 3, 2020 Following the reactivation of air transportation and the easing of restrictions on foreign visitors, the Marriott chain announced the reopening of four hotels operating in the country and the Four Seasons will also reopen its resort in Guanacaste. The year 2020 has been a complex one for the tourism sector in general, since due to the outbreak of covid-19 since March the hotels began a period in which they did not receive income.
BUSINESS OPPORTUNITY
Tender for Electrical Equipment in GuatemalaMonday, October 19, 2020 The National Institute of Electrification tenders the supply of equipment for insulation diagnosis, which will be used in the Central System of the Electric Energy Transport and Control Company. Guatemala Government Purchase 13493914: Real Estate Rentals: Outlook for 2021Wednesday, September 16, 2020 Because the supply of office and commercial buildings has increased, and at the same time unemployment has also risen, in Costa Rica the directors of these properties foresee that next year the parties will have to renegotiate the contracts. Data collected by Colliers International indicate that between June 2019 and the same month in 2020 the total inventory of commercial buildings increased by 1.5% from 1.16 million m2 to 1.18 million m2. Shopping Centers: Unemployment Rate ConcernsThursday, September 10, 2020 As a result of the crisis, in Costa Rica in June of this year the rate of availability of premises in shopping centers climbed to 11.8%, a proportion of concern because a healthy level should not exceed 10%. The phenomenon, which is not new in the country, has worsened in the context of the covid-19 outbreak, since in mid 2019 it was reported that in the last year the unemployment of commercial premises in Costa Rica was on the rise, a behavior that was explained in part by the country's economic situation and by changes in consumer preferences. Offices: Changes in Market ConditionsMonday, August 3, 2020 Since office construction is still active and could enter a phase of over-supply, combined with the strong increase in telecommuting, the market could face a contraction in the coming months. Because of the spread of covid-19, governments in Central America have decreed strict home quarantines. This scenario boosted the implementation of telecommuting and forced companies to adapt to a new form of operation.
VEHICLE FLEET
Car Brands in Central AmericaMonday, June 29, 2020 At the beginning of 2020, 25% of the automobile type vehicles circulating on the streets of Central American countries were of the KIA, Suzuki, Mazda and Nissan brands, while of the total of light cargo vehicles, Ford, Mitsubishi and Chevrolet monopolized 14%. The report "Vehicles in Central America", from the Trade Intelligence Unit of CentralAmericaData collects the most updated information on the automotive market in Central American countries.
MARKET STUDY
Refrigeration Equipment: Regional Business FiguresWednesday, June 24, 2020 Distribuidora Granada S.A., Hussmann El Salvador, Molinos de Nicaragua S.A. and Sol Orgánica S.A., are some of the companies involved in the refrigeration equipment import business in Central America. The market study "Refrigeration Equipment Market Study in Central America and the Dominican Republic", prepared by the Trade Intelligence Unit of CentralAmericaData, details the main figures of the business of importing this type of equipment.
MARKET STUDY
Food for Shrimp: Players in Central AmericaTuesday, June 2, 2020 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. |
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