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- (-) April 2024
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Sugar production in marketing year (MY) 24 is estimated at 787,000 metric tons (MT), while production for MY23 reached 765,000 MT. Continued international prices have eased the financial burden exerted by the high cost of inputs on the sugar sector.
El Salvador’s food manufacturing sector has kept a fast pace in terms of increasing production levels. Food manufacturers took the challenging environment caused by the pandemic as an opportunity to evolve and add new items to their food lines.
This report provides initial analysis and a courtesy translation of El Salvador’s Transitory Law to Combat Price Inflation in Basic Products, published March 11, 2022, with an import duties comparison added for reference.