Panama and Honduras, Main Importers

During the first three months of last year the main buyers of air conditioning equipment in Central America were Panama and Honduras, with $22 million each, followed by Costa Rica, with $21 million, Guatemala, with $11 million, El Salvador, with $10 million and Nicaragua, with $5 million.

Monday, August 31, 2020

Air Conditioning Machines Imports in Central America Al September 30th, 2019  

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Panama and Honduras, Main Importers
During the first three months of last year the main buyers of air conditioning equipment in Central America were Panama and Honduras, with $22 million each, followed by Costa Rica, with $21 million, Guatemala, with $11 million, El Salvador, with $10 million and Nicaragua, with $5 million.

In the case of the year-on-year variation of purchases, for the period in question Nicaragua registered an 83% increase, followed by El Salvador with 66%, Costa Rica with 10% and Honduras with 2%. Guatemala reported a drop of 2% and in Panama purchases decreased by 21%.

Variation in Regional Imports
Between January and March 2019 and the same period in 2020, the value of imports increased by 4%, from $44 million to $46 million.

For the periods in question, purchases from China rose from $19 million to $24 million.

Origin of Imports
During the first three months of 2020, 51% of the value imported from Central America came from China, 24% from the US, 3% from Mexico and 2% from South Korea.

China is the country of origin of Central American imports that has grown the most for the period under analysis in the last eight years, since in 2012 it represented 18% of the total value purchased and in 2020 it rose to 51%.

Note:
This analysis was carried out considering machines and air conditioning equipment suitable for modifying temperatures and humidity that can be adjusted to walls, windows, floors or ceilings, vehicles, and the respective parts of the equipment.

Note: For this report, prepared by CentralAmericaData, data from SIECA was used.

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More on this topic

Air Conditioning: Honduras, the Fastest-Growing Market

February 2020

From January to September 2019, companies in the region bought air conditioning equipment abroad for $138 million, and imports by Honduran companies increased 22% compared to the same period in 2018.

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

Air Conditioning: Import Falls 8% at Closing 2018

June 2019

During 2018, companies in Central America imported $191 million in air conditioning equipment, 8% less than reported the previous year.

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

Air Conditioning: Purchases Fall 10%

February 2019

Between January and September 2018, the region imported $137 million in air conditioning equipment, 10% less than the same period last year.

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

Air Conditioning: Market Figures up to March 2018

August 2018

In the first quarter of the year imports of air conditioning equipment in Costa Rica totaled $10 million, and 78% was imported from China and the US.

Figures from the information system on the Air Conditioning Machines Market in Costa Rica, compiled by the Business Intelligence Unit at CentralAmericaData : [GRAFICA caption = "Click to interact with graph"]

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