Electric Generators: How Markets Are Behaving?

During the first nine months of 2020, imports of electric generators increased year-on-year in Nicaragua and Guatemala, and decreased in Costa Rica, Panama, Honduras and El Salvador.

Monday, March 22, 2021

Import of electric motors and generators in Central America Al December 31st, 2020  

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Figures from the Trade Intelligence Unit of CentralAmericaData: Click to interact with the graphicClick to interact with the graphic.

Explore the data in the interactive visualization.

Central American companies buy less
Between January-September 2019 and the same period in 2020, the total imported value of electric motors and generators in Central America registered a 42% decrease by dropping from $127 million to $73 million.

Two of the six countries recorded year-on-year increases in their purchases. Imports increased 100% in Nicaragua and 8% in Guatemala.

In the other countries, imports declined. In Costa Rica they fell 9%, in Panama 54%, in Honduras 64% and in El Salvador 67%.

Guatemala, Main Importer
From January to September 2020, the main buyer of electric motors and generators in Central America was Guatemala, with $20 million, followed by Costa Rica, with $15 million, El Salvador, with $14 million, Honduras, with $9 million, Panama, with $9 million and Nicaragua, with $6 million.

USA, the Most Important Supplier
As of September 2020, 29% of the value imported from Central America came from the USA, 20% from China, 11% from Spain, 6% from Mexico, 5% from Brazil, 4% from Germany, 3% from Italy and 3% from Taiwan.

China is the country of origin of Central American imports that has grown the most for the period in question in recent years, since in 2012 it represented 3% of the total value purchased and in 2020 it reached 20%.

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More on this topic

Electric Generators: How did the Market Perform in 2020?

June 2021

During last year, imports of electric generators increased year-on-year in Nicaragua and Guatemala, and decreased in Costa Rica, Panama, Honduras and El Salvador.

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

Electrical Generators: Market Study

April 2020

In the first nine months of 2019, the region's companies bought electric motors and generators abroad for $127 million, 35% less than what was reported for the same period in 2018.

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

Electric Generators: Purchases up 80%

April 2019

From January to September 2018, imports of electric motors and generators totaled $195 million, 80% more than in the same period in 2017, because of purchases from El Salvador from Spanish companies.

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

Central America Buys More Electric Generators

May 2018

In 2017, purchases of electric motors and generators from Central American countries totaled $152 million, which represents an increase of 3% compared to the previous year.

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

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