Fridges: Imports go down 12%

Between January and September 2018, companies in Central America imported $291 million in fridges and freezers, 12% less than in the same period last year.

Wednesday, May 15, 2019

Import of refrigerators and freezers in Central America Al June 30th, 2019  

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Guatemalan Companies, Main Buyers
From January to September 2018, the main buyer of fridges and freezers in Central America was Guatemala, with $64 million, followed by Costa Rica, with $58 million, Honduras, with $54 million, Panama, with $51 million, El Salvador, with $42 million and Nicaragua, with $21 million.

Variation in regional imports
Between the first nine months of 2017 and the same period in 2018, the value imported into the region decreased 12%, from $330 million to $291 million.

For the periods concerned, purchases from Mexico decreased 10%, from $100 million to $90 million.

Main sellers
From January to September 2018, 31% of the value imported from Central America was from Mexico, 23% from China, 19% from the U.S. and 7% from Colombia.

China is the country of origin of Central American imports that has grown the most for the period concerned in the last seven years, since in 2012 it represented 8% of the total value purchased, and by 2018 that proportion rose to 23%.

Note:
The equipment included in this analysis are fridges and freezers for domestic and industrial use, cabinets, chests, showcases and cold production furniture, horizontal and vertical freezers such as ark or cabinet and other machines or appliances for the refrigeration production. Air conditioning equipment is not included in the figures in the report.

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More on this topic

Fridges: Purchases from Mexico grow at 6%

November 2019

During the first half of 2019, Central American companies imported $200 million in fridges and freezers, and purchases from companies in Mexico grew 6% over the same period in 2018.

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

Fridges: Purchases from China Still Rising

September 2019

During the first quarter of 2019, Central American companies imported $96 million in fridges and freezers, and purchases from companies in China were up 20% compared to the same period in 2018.

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

Fridges: Imports fell 13% in 2018

June 2019

During 2018, companies in Central America imported $415 million in refrigerators and freezers, 13% less than reported in the previous year.

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

Refrigerators: Market Figures up to June 2018

December 2018

In the first six months of the year, Central American countries imported $190 million worth of refrigerators and freezers, and 43% was purchased by companies in Guatemala and Honduras.

Figures from the information system on the Refrigeration, Freezing and Other Refrigeration Machinery Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

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