Machinery: Business Outlook for the Region

If the quarantine and mobility restriction measures are extended by two months, it is forecast that by the end of the year the annualized demand for repair and maintenance services of machinery and industrial equipment in Central America will have fallen by 5%.

Friday, March 27, 2020

The "Information System for the Impact Analysis of Covid-19 on Business", prepared by the Trade Intelligence Unit of CentralAmericaData, measures the degree of impact that the crisis will have on companies according to their sector or economic activity, considering different scenarios for the coming months.

It is expected that this year the income of companies dedicated to repair and maintenance service to machinery and industrial equipment in the region could fall up to 7%, if in Central American countries the measures of isolation of people and restriction of mobility decreed by the governments are extended for three months.

According to the interactive report, it is estimated that in this context of health alert, the reduction in demand for maintenance and repair services for machinery used in the mining sector will largely explain the drop in sales in the sector.

The services provided to companies dedicated to the manufacture of concrete is another activity that, to a lesser extent, will affect the business of maintenance of machinery and industrial equipment.

Do you need to anticipate how the covid-19 crisis will affect the demand for your products and services?

Contact us, we can help you. Click here to request access to this report.



More on this topic

Guatemala: Household Expenditure Forecast

April 2020

Once the local economy begins to return to normal, as isolation and mobility restrictions are relaxed, it is estimated that Guatemalan households will have reduced their demand for car insurance by 7%.

Using a demand/income sensitivity model developed by the Trade Intelligence Unit of CentralAmericaData, it is possible to forecast the variations in demand by Guatemalan households for different goods and services as the most critical phases of the spread of the covid-19 are overcome and the measures restricting mobility in the country are lifted.

El Salvador: Post-Confinement Consumption Level

April 2020

When the local economy begins to return to normal, as isolation and mobility restrictions are relaxed, demand for health insurance is estimated to fall by 7%.

Using a demand/income sensitivity model developed by the Trade Intelligence Unit of CentralAmericaData, it is possible to project the variations in demand by Salvadoran households for different goods and services as the most critical phases of the spread of the covid-19 are overcome and the measures restricting mobility in the country are lifted.

Vehicle Repair: Business Outlook

April 2020

The sharp drop expected in the income of centers dedicated to providing general mechanical services for cars and trucks in Central America will be mainly explained by the drop in demand from end consumers and bus rental companies.

The "Information System for the Impact Analysis of Covid-19 on Business", prepared by the Trade Intelligence Unit of CentralAmericaData, measures the impact that the crisis will have on companies according to their sector or economic activity, taking into consideration various scenarios for the coming months.

Wood: Business Outlook for Central America

March 2020

If quarantine and mobility restriction measures are extended by two months, it is expected that by the end of the year the annualized demand for industrial wood products in Central America will have fallen by 10%.

The "Information System for the Impact Analysis of Covid-19 on Business", prepared by the Trade Intelligence Area of CentralAmericaData, measures the degree of impact that the crisis will have on companies according to their sector or economic activity, considering different scenarios for the coming months.

 close (x)

Receive more news about Tools & Machinery

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Heavy Equipment: Reps Wanted

Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico.
The company manufactures and sells telescopic,...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Nov 27)
Brent Crude Oil
48.300
Coffee "C"
124.25
Gold
1,787
Silver
22.68