Air Conditioning: Import Falls 8% at Closing 2018

During 2018, companies in Central America imported $191 million in air conditioning equipment, 8% less than reported the previous year.

Thursday, June 6, 2019

Air Conditioning Machines Imports in Central America Al June 30th, 2020  

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Panamanian companies, main buyers
In 2018, the main buyer of air conditioning equipment in Central America continued to be Panama, with $66 million, followed by Costa Rica, with $38 million, Honduras, with $33 million, El Salvador, with $21 million, Guatemala, with $19 million, and Nicaragua, with $14 million.

Regional business downwards
Between 2017 and 2018, imported value decreased 8%, from $207 million to $191 million.

The decline recorded in 2018 complements the year-on-year fall in imports reported in 2017, as purchases fell 3% in that year.

Origin of imports
During 2018, 37% of the value imported from Central America was from China, 35% from the U.S., 2% from Mexico and 3% from South Korea.

China is the country of origin of Central American imports that has grown the most in the last seven years, since in 2012 represented 22% of the total value purchased and in 2018 rose to 37%.

Note: For this report, compiled and analyzed by CentralAmericaData, Sieca data were used.

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More on this topic

Air Conditioning: Honduras, the Fastest-Growing Market

February 2020

From January to September 2019, companies in the region bought air conditioning equipment abroad for $138 million, and imports by Honduran companies increased 22% compared to the same period in 2018.

Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]

Air Conditioning: Less Purchases at the Beginning of the Year

August 2019

Between January and March 2019, the region imported $44 million in air conditioning equipment, 10% less than in the same period in 2018.

Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

Air Conditioning: Purchases Fall 10%

February 2019

Between January and September 2018, the region imported $137 million in air conditioning equipment, 10% less than the same period last year.

Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

Air Conditioning: Market Figures up to March 2018

August 2018

In the first quarter of the year imports of air conditioning equipment in Costa Rica totaled $10 million, and 78% was imported from China and the US.

Figures from the information system on the Air Conditioning Machines Market in Costa Rica, compiled by the Business Intelligence Unit at CentralAmericaData : [GRAFICA caption = "Click to interact with graph"]

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