Fuels: Prices in the Region as of March 2021Monday, March 22, 2021 In the first days of March of this year, the highest prices were reported in the Dominican Republic, while the lowest were registered in the Panamanian capital. The regional report on average prices to the final consumer of gasoline, diesel and Liquefied Petroleum Gas (LPG) in Central America, effective for the week of February 27 to March 7, 2021, was made based on official prices and monitoring or surveys carried out by the different General Directorates of Hydrocarbons or equivalent, in the capital of each Central American country. Panama: Fuel Consumption up to April 2019Thursday, June 6, 2019 In the first four months of 2019, 389 million gallons of fuel were sold in Panama, 4% more than the 373 million gallons reported during the same period in 2018. The latest data published by the General Comptroller of the Republic detail that during the first four months of 2019 the consumption of gasoline in the country, which includes 91 and 95 octanes, totaled 111 million gallons, 3.2% more than in the same period last year. Fuel Consumption Up 4% in First QuarterTuesday, May 7, 2019 In the first three months of 2019, 289 million gallons of fuel were sold in Panama, 4% more than the 278 million gallons reported during the same period in 2018. The latest data published by the General Comptroller of the Republic detail that during the first three months of 2019 the consumption of gasoline in the country, which includes 91 and 95 octanes, amounted to 28 million gallons, 2.8% more than in the same period last year.
BUSINESS OPPORTUNITY
Tender for $5 Million in FuelsMonday, March 1, 2021 In the Dominican Republic different government institutions are holding public tenders to purchase fuels, for an estimated global amount of close to $5 million. Details of the tenders: Fuels, Market and ForecastsThursday, March 18, 2021 Following the increase in fuel prices in Guatemala of more than 20% between January and March, local authorities forecast that this behavior will continue during the following weeks. Due to the economic crisis generated by the Covid-19 outbreak, fuel consumption plummeted in the Guatemalan market during 2020 and fuel prices fell to historic lows. Costa Rica: Fuel Consumption Up 11%Friday, September 2, 2016 In the first half of 2016 fuel sales grew by 11% compared to the same period last year. From a statement issued by Recope: Fuel Prices up to 12 MayTuesday, May 12, 2015 Price of a gallon of regular gasoline: Panamá $3,05, Guatemala $3,16, El Salvador $3,18, Honduras $3,67, Nicaragua $3,92 y Costa Rica $4,04. From a statement issued by the Ministry of Economy of El Salvador: Central America: Fuel Prices up to March 26Monday, March 26, 2018 Price of a gallon of regular gasoline: Costa Rica $4.05, Nicaragua $3.77, Honduras $3.58, El Salvador $3.26, Guatemala $3.19 and Panama $2.91. From a report by the Ministry of Economy of El Salvador:
BUSINESS OPPORTUNITY
Dominican Republic: $5 Million in FuelsTuesday, February 16, 2021 The Oficina Metropolitana de Servicios de Autobuses tenders the supply of fuels for its fleet of buses and other vehicles owned by the institution. Dominican Republic Government Purchase OMSA-CCC-LPN-2021-0001: Gasoline Consumption Up 3% in 2019Tuesday, February 4, 2020 In Panama, 1.128 million gallons of fuel were sold during 2019, and the demand for gasoline grew by 3% in relation to what was reported in 2018. The General Comptroller of the Republic reported that during 2019 gasoline consumption in the country, which includes 91 and 95 octane gasoline, reached 339 million gallons, 3% more than the 330 million gallons registered in 2018. Panama: Fuel Consumption Increases to 3%Thursday, July 4, 2019 In the first five months of 2019, 486 million gallons of fuel were sold, 3% more than the 472 million gallons reported in the same period in 2018. The most recent report published by the General Comptroller of the Republic details that during the first five months of 2019 the consumption of gasoline in the country, which includes 91 and 95 octanes, reached 140 million gallons, 2.4% more than in the same period last year. Fuel Prices up to August 13, 2019Tuesday, August 13, 2019 Price per gallon of regular gasoline: Costa Rica $4.38, Nicaragua $3.78, Honduras $3.53, El Salvador $3.21, Guatemala $3.24 and Panama $3.03. From the Ministry of Economy of El Salvador statement: Central America: Fuel Prices up to July 16Tuesday, July 16, 2019 Price per gallon of regular gasoline: Costa Rica $4.12, Nicaragua $3.82, Honduras $3.44, El Salvador $3.29, Guatemala $3.22 and Panama $3.04. From the Ministry of Economy of El Salvador: Central America: Fuel Prices up to April 22Monday, April 22, 2019 Price per gallon of regular gasoline: Nicaragua $3.81, Costa Rica $3.76, Honduras $3.62, El Salvador $3.44, Guatemala $3.22 and Panama $3.07. From the Ministry of Economy of El Salvador statement: Central America: Fuel Prices up to March 11Monday, March 11, 2019 Price per gallon of regular gasoline: Costa Rica $3.51, Nicaragua $3.51, Honduras $3.31, El Salvador $2.04, Guatemala $2.96 and Panama $2.79. From the Ministry of Economy of El Salvador report: |
![]() |