Food: Imports Up in Central America

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Food: Imports Up in Central America

From January to March, countries in the region imported $213 million worth of food preparation supplies, 2% more than what was purchased in the same period in 2017.

Tuesday, August 28, 2018

Figures from the information system on the Market for Food Preparation Ingredients in Central America, compiled by the Business Intelligence Unit at CentralAmericaData:

Variation of regional imports 
Between the first quarter of 2017 and the same period in 2018 the import value of ingredients for food preparation in Central America registered a 2% increase, rising from $210 million to $213 million. 

Contrary to the bullish behavior of the amount, during the periods in question the import volume fell by 8%, decreasing from 32,000 tons in 2017 to 30,000 tons in 2018. 

Imports by country 
In the first three months of the year, the main buyer of food preparation supplies in Central America was Guatemala, with $55 million, followed by Costa Rica, with $37 million, Honduras and Panama, with $35 million each, El Salvador, with $32 million and Nicaragua, with $19 million. 

Origin of imports 
From January to March of this year, 20% of the value imported from Central America came from the USA, 10% from Mexico, 6% from Uruguay and 3% from the Netherlands.  

Price of imports 
Between January 2012 and March 2018, the average price of a kilo of imports of food preparation ingredients in countries in the region rose by 20%, growing from $6.10 to $7.31.

 

https://www.centralamericadata.com/en/article/main/Food_Imports_Up_in_Central_America