Fridges: Purchases from China Still Rising

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.

Tuesday, September 17, 2019

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

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

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Guatemalan Companies, Main Buyers
From January to March, the main importer was Guatemala, with $24 million, followed by Panama, with $19 million, Honduras, with $19 million, Costa Rica, with $17 million, El Salvador, with $13 million and Nicaragua, with $4 million.

Variation in Regional Imports
Between the first quarter of 2018 and the same period in 2019, the value imported into the region increased by 4%, from $92 million to $96 million.

For the periods concerned, purchases from China increased 20%, from $22 million to $26 million.

Main Sellers
In the first three months of the year, 30% of the value imported from Central America came from Mexico, 28% from China, 16% from the U.S. and 8% from Colombia.

China is the country of origin of Central American imports that has grown the most for the period in question of the last eight years, since in 2012 represented 7% of the total value purchased, and by 2019 that proportion rose to 28%.

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 production of cold. Air conditioning equipment is not included in the figures in the report.

Note: For this report, prepared and analyzed by CentralAmericaData, SIECA data were used.

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More on this topic

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"]

Fridges: Imports go down 12%

May 2019

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.

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

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"]

Refrigerators: Imports up to I Quarter of 2018

September 2018

In the first three months of the year, Central American countries imported $92 million worth of refrigerators and freezers, and 45% was purchased by companies in Guatemala and Costa Rica.

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 graph"]

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