Washing Machines: How Did Markets Perform in 2020?

Last year, Guatemala was the only market in the region where washing machine imports increased, the remaining five countries decreased their foreign purchases, with El Salvador reporting the worst drop.

Thursday, May 27, 2021

Import of clothes washers and their parts in Central America Al March 31st, 2022  

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Costa Rica and Guatemala, Main Buyers
During 2020, the main buyer of washing machines in Central America was Guatemala, with $37 million, followed by Costa Rica, with $36 million, Panama, with $22 million, El Salvador, with $15 million, Honduras, with $13 million and Nicaragua, with $9 million.

This year, five of the six Central American markets reduced their purchases in year-on-year terms. Imports fell 4% in Nicaragua, 14% in Costa Rica, 17% in Honduras, 18% in Panama and 25% in El Salvador.

In the case of Guatemala increased its imports by 10% when compared to the amount traded during 2019.

Central America Purchased Fewer Washing Machines in 2020
Between 2019 and 2020 the imported value of washing machines and their parts in Central America decreased 9%, falling from $148 million to $135 million.

For the years under analysis, Central American purchases from Mexican companies increased by 7%, a rise that complements the year-on-year variation of 5% reported between 2018 and 2019.

Mexico and China, Main Suppliers in the Region
In 2020, 28% of regional purchases came from Mexico, 20% from China, 18% from Thailand, 17% from the US, 5% from Vietnam and 3% to Brazil.

In recent years Mexico is the market of origin of imports that has grown the most, since in 2012 it represented 15% of regional purchases and in 2020 the proportion rose to 28%.

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More on this topic

Mexican Washing Machines Gaining Ground in Central America

March 2021

In recent years, washing machines of Mexican origin have become more important in terms of the amount purchased, since from January to September 2012 they accounted for 15% of total regional imports and for the same period in 2020 the proportion rose to 26%.

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

Microwave Ovens: Market Figures in 2018

July 2019

Last year, companies from Central American countries imported microwave ovens for $33 million, 3% less than the amount reported in 2017.

Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA 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"]

Washing Machines: More Business with Thailand

January 2019

In the first six months of 2018, Central America imported $67 million for washing machines and their parts, and purchases from Thailand increased 11% compared to the same period in 2017.

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