Liquid Pumps: Imports Up in the Region

By the second quarter of 2021, the market for liquid pumps and their parts increased by 14%, reaching $115 million in Central American purchases.

Monday, January 24, 2022

Pumps for Liquids and their Parts Imports in Central America Al March 31st, 2022  

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Panamanian and Guatemalan Companies, Main Buyers
In the second quarter of 2021 the main importers of liquid pumps and their parts were Panama and Guatemala with $26 million, followed by Costa Rica with $17 million, Honduras with $12 million, El Salvador with $11 million and Nicaragua with $9 million.

Regarding the year-on-year variation of foreign purchases, for the period in question, the imports that increased in year-on-year terms were Honduras with $47 million, followed by Nicaragua with $44 million, El Salvador with $26 million and Guatemala with $22 million.

In the case of Panama, imports fell by 14% and those of Costa Rica by 2%.

Regional Business Variation Rising
During the first half of 2021 and the same period of 2020, it is observed that the imported value in the region reached 13.91%, going from $100.8 million to $114.8 million.

Main Liquid Pumps Suppliers
For the second quarter of 2021, 43% of the value imported from Central America came from the U.S., 19% from China, 5% from Mexico and 4% from the Panama Free Trade Zone.

In recent years, China has been the market of origin of imports that has grown the most, since in 2012 it accounted for 6% of purchases and in 2021 the proportion reached 18% of the total.

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