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Article: Honduran Cosmetics Shine for US Suppliers.(Brief Article)(Statistical Data Included)
- Article from:
- Chemical Market Reporter
- Article date:
- May 15, 2000
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THE COSMETICS and toiletries market in Honduras is projected to grow at a 35 percent annual clip over the next three years, from a 1999 sales base estimated at $27.4 million, according to a consular report from Tegucigalpa.
US suppliers are expected to provide at least one-quarter of the total domestic market demand. Guatemala--a major international export assembly center--is the largest supplier to Honduras, followed by the US, then distantly by El Salvador, Mexico and Panama.
Of domestic production volumes manufactured by Honduran-owned companies, 10 percent is exported to other Central American countries.
Domestic producers include America ...