Honduras: Food Service - Hotel Restaurant Institutional Annual

  |   Attaché Report (GAIN)   |   HO2024-0010

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Honduras: Food Service - Hotel Restaurant Institutional Annual
In 2023, the United States held a 29.1 percent share of the consumer-oriented food and beverage market in Honduras, a slight decrease of 1.3 percent from 2022. Despite this decline, total U.S. exports to Honduras increased by USD 183.6 million, driven by strong demand for consumer products from the food service industry. Honduras continues to experience moderate to low economic growth and remains one of the top 25 global destinations for U.S. consumer-oriented goods, ranking seventh in Latin America. The hotels and restaurants sector saw a 12.2 percent year-on-year growth, primarily due to higher costs for meals and beverages at restaurants, as well as a 24 percent increase in hotel occupancy, particularly during the summer and holiday seasons.
Exporting
Western Hemisphere, Honduras

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