Electric Cables: $400 Million Market

In the first nine months of 2018, Central American countries imported $399 million in electrical wires and cables, and 50% were bought by companies in Costa Rica and Guatemala.

Wednesday, April 3, 2019

Import of electrical wires and cables to Central America Al March 31st, 2020  

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Regional business downwards
From January to September 2018, Central American imports of electric cables fell by 33% compared to the same period last year, as a result of falling from $597 million to $399 million.

Costa Rican companies, main buyers
In the first nine months of 2018, the main importer of wires, cables and other conductors for electricity in Central America was Costa Rica, with $119 million, followed by Guatemala, with $82 million, Panama, with $73 million, Honduras, with $61 million, Nicaragua, with $33 million and El Salvador, with $31 million.

Origin of imports
During the first nine months of last year, 25% of the value imported from Central America was from Mexico, 21% from the U.S., 13% from China, 7% from Panama Free Zone and 3% from Spain.

For the period from January to September of the last seven years, Mexico is the market of origin of imports that has grown the most, since in 2012 represented 16% of the total value purchased by the region and in 2018 this proportion reached 25%.

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From January to March 2019, Central American companies imported $133 million in electrical wires and cables, and purchases from the U.S. increased 23% over the same period in 2018.

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

Optical Fiber Cables: Less Purchases in 2018

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In 2018, companies in Central American countries imported $60 million of fiber optic cables, 6% less than in 2017.

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

Optical Fiber Cables: Regional Market Figures

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From January to September 2018, companies in Central American countries imported optical fiber cables for $46 million, and 63% were bought by companies in Costa Rica and Nicaragua.

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

Guatemala Imports More Electric Cables from Mexico

July 2018

During the first quarter of the year, companies in Guatemala allocated $11 million to the purchase of electric cables in Mexico, 29% more than was reported in the same period in 2017.

Figures from the information system on the Electric Cables Market in Guatemala, compiled by the Business Intelligence Unit at CentralAmericaData : [GRAFICA caption = "Click to interact with graph"]

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