Electric Transformers Market in Central America

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.

Thursday, March 1, 2018

Import of transformers and electric converters in Central America Al September 30th, 2022  

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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: Click to interact with graphClick to interact with graph

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Variation of regional imports 
Between the first nine months of 2016 and 2017 the value of transformers and electric converters and reactor coils imported into Central America  went down by 6%, going from $244 million bought in 2016 to $229 million in 2017.

However, for the periods in question, the value imported from Mexico increased by 9%, going from $28 million in 2016 to $30 million in 2017. 

Imports by country 
Between January and September of 2017 the main importer was Costa Rica, with $51 million, followed by Panama, with $49 million, Guatemala, with $45 million, Honduras with $31 million, and Nicaragua and El Salvador, with $27 million each.

Origin of imports 
In 2016, 33% of the value imported from Central America came from the USA, 15% from China, 13% from Mexico, 5% from Italy, 5% from Colombia and 3% from Spain.

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More on this topic

Central America Buys More Electric Transformers

September 2018

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.

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"]

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"]

Imports of Electric Transformers in Central America

June 2017

In 2016 Central America imported $311 million worth of transformers and electric converters, of which $39 million were purchased from Mexico, 11% more than in 2015.

Figures from CentralAmericaData's information system on the Transformers and Electricity Converters and Reactors Market compiled by the Business Inteligence Unit: [GRAPHIC caption = "Click to interact with the chart]