Central America Buys More Electric Transformers

In the first quarter of the year, countries in the region imported $81 million worth of electrical transformers, registering an increase of 9% compared to the amount reported in the same period in 2017.

Monday, September 10, 2018

Import of transformers and electric converters in Central America Al March 31st, 2019  

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Figures from the information system on the Market for Transformers and Electric Converters and Reactor Coils in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: Click to interact with graphClick to interact with graph

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Imports by country 
In the first three months of 2018 the main importer was Panama, with $22 million, followed by Costa Rica, with $15 million, Honduras, with $13 million, Guatemala, with $12 million, El Salvador, with $10 million and Nicaragua, with $9 million. 

Variation of regional imports 
Between January and March 2017 and the same period in 2018, the import value of transformers and electric converters and reactor coils in Central America increased by 9%, going from purchases of $74 million to $81 million. 

Origin of imports 

In the first quarter of the year, 30% of the value imported from Central America came from the USA, 16% from China, 10% from Mexico, 6% from Spain, 6% from Croatia and 4% from Colombia.

China is the market of origin of the imports that has grown the most in the first quarter of the last seven years, as in 2012 it represented 10% of the region's total imports and last year the figure rose to 16%.

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More on this topic

Electric Transformers: Imports up 6%

December 2018

In the first half of the year, Central American countries invested $164 million in purchasing electric transformers for $164 million, equivalent to a 6% increase over the same period in 2017.

Figures from the information system on the Transformers and Electrical Converters and Reactance Coils Market in Central America complied by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

Electric Transformers: Market Figures in 2017

July 2018

Last year countries in the region imported $317 million worth of electric transformers, which is equivalent to an increase of 2% compared to the figures in 2016.

Figures from the information system on the Market for Transformers and Electric Converters and Reactor Coils in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

Costa Rica Buys More Electrical Transformers

March 2018

From January to September 2017, companies in Costa Rica bought $51 million worth of electrical transformers from abroad, 28% more than in the same period in 2016.

Figures from the information system "Market for Electric Transformers and Converters and Reactor Coils in Costa Rica" , compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

Electric Transformers Market in Central America

March 2018

From January to September 2017, countries in the region imported $229 million worth of electrical transformers, and 43% were purchased by companies in Costa Rica and Panama.

Figures from the information system "Market for Electric Transformers and Converters and Reactor Coils in Central America" , compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

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