2014-01-28 19:39:02 - Central America Food and Drink Report Q3 2013 - a new market research report on companiesandmarkets.com
Our view on Central America remains broadly in line with previous quarters. For one, we see Central America as a region remaining heavily dependent on the performance of developed-state economies, particularly the US, which remains a major source of remittance flows and export demand. Moreover, drug-related violence and high levels of insecurity will remain a major concern for most of the region.
Finally, the region´s economic trajectory - and, thus, consumer spending - remains highly divergent between individual countries, with El Salvador and Guatemala, in particular, expected to struggle, unlike Panama.
Headline Industry Data (regional averages)
- 2013 per capita food consumption (US$) = +4.49%; forecast compound annual growth rate (CAGR) to 2017 = +4.57%.
- 2013 alcoholic drink sales (litres) = +5.58%; forecast
CAGR to 2017 = +5.15%.
- 2013 soft drink sales (litres) = +5.80% ; forecast CAGR to 2017 = +5.35%.
- 2013 MGR sales (US$) = +6.28%; forecast CAGR to 2017 = +6.60%.
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