Aluminum: Regional Purchases Decline

From January to September 2020, imports of aluminum and its manufactures in Central America totaled $351 million, 20% less than what was reported in the same period of 2019, a drop that is explained by the decline in purchases from all markets in the region.

Friday, March 5, 2021

Import of aluminum and its manufactures in Central America Al September 30th, 2020  

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Guatemalan Companies, Main Buyers
In the first nine months of 2020, the main importer of aluminum and its manufactures in the region was Guatemala, with $107 million, followed by Costa Rica, with $74 million, El Salvador, with $57 million, Honduras, with $51 million, Panama, with $38 million and Nicaragua, with $24 million.

From January to September, purchases from all Central American markets decreased. In the cases of Honduras, Nicaragua, Guatemala and El Salvador, they decreased by 3%, 9%, 13% and 17%, respectively.

Costa Rican and Panamanian purchases were the ones that decreased the most for the period in question, falling by 20% and 50%, in that order.

Main Suppliers to the Salvadoran Market
During the first nine months of 2020, 33% of the value imported by Central America came from China, 11% from the USA, 7% from Mexico, 3% from India and 2% from Spain.

For the January-September period in recent years China is the market of origin of purchases that has grown the most, since in 2012 it represented 12% of the total value of regional purchases, and in 2020 that proportion rose to 33%.

Regional Business Downwards
Between January and September 2019 and the same period of 2020 the imported value of aluminum and its manufactures registered a 20% drop, going from $438 million to $352 million.

In contrast to the downward behavior of general imports, purchases from China increased 11% for the periods in question, going from $105 million to $116 million.

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More on this topic

Aluminum: Regional Purchases Fall 17%

October 2020

During the first quarter of this year, imports of aluminum and its manufactures in Central America totaled $128 million, 17% less than what was reported for the same period in 2019, a drop that is explained by the decrease in purchases in most markets.

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

Aluminum: Business Figures with Mexico

March 2020

During the first nine months of 2019, the countries of the region imported aluminum and its manufactures from Mexico for $25 million, and about 60% was purchased by companies from the Northern Triangle.

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

Aluminum: Business Figures up to September 2018

March 2019

During the first nine months of 2018, countries in the region added $458 million in purchases of aluminum and its manufactures, and 62% was imported by companies in Guatemala, Costa Rica and Panama.

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

Aluminum in Central America: $143 million Worth of Imports

August 2018

During the first quarter of the year, countries in the region purchased a total of $143 million worth of aluminum and its manufactures, and 48% was imported by companies in Guatemala and Costa Rica.

Figures from the information system on the Aluminum Market and its Manufactures in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

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