Figures from the Trade Intelligence Unit of CentralAmericaData
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Between 2019 and 2020 the total imported value of corn
in Central America registered a 5% increase by rising from $952 million to $998 million.
As for the volume imported, this also reported a rise, in this case from 4.54 million tons to 4.79 million tons, equivalent to a variation of 6%.Import Prices
In recent years, the price has shown a downward trend, with a decrease of 37% for the period from October 2012 to December 2020, falling from $0.35 per kilo to $0.22 per kilo.Imports by Country
Last year, the main buyer of corn imports
in Central America
continued to be Guatemala with $307 million, followed by Costa Rica with $194 million, El Salvador with $159 million, Honduras with $158 million, Panama with $107 million and Nicaragua with $84 million.
In 2020, imports in Nicaragua increased 44% year-on-year, in Guatemala 9%, in Honduras 9%, in Panama 2% and in Costa Rica 1%. In the case of El Salvador, foreign purchases decreased 6%.USA, Main Corn Supplier
Last year, 87% of foreign purchases by Central American companies were made from the USA, 6% from Mexico, 5% from Brazil, 1% from Argentina and 1% from Thailand.
For the months under analysis in recent years, purchases from Mexican companies have gained ground, as in 2012 they represented 3% of total regional imports and in 2020 that proportion rose to 6%.
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