Steel Sheets: Purchases Decrease 7%

During the first quarter of 2019, imports of iron and steel sheets in the countries of the region totaled $224 million, 7% less than reported in the same period of 2018.

Thursday, October 17, 2019

Import of iron and steel sheets in Central America Al December 31st, 2022  

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

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Regional Business Downwards
Between the first quarter of 2018 and the same period in 2019, the value imported into the region decreased 7%, from $240 million to $224 million.

For the periods concerned, purchases from companies in China decreased from $133 million to $124 million.

Honduras, Main Importer
In 2018 the main buyer of iron and steel sheets in Central America was Honduras, with $63 million, followed by Costa Rica, with $49 million, Guatemala, with $40 million, El Salvador, with $39 million, Panama, with $17 million and Nicaragua, with $16 million.

Origin of Imports
From January to March 2019, 55% of the value purchased by Central America came from China, 19% from Japan, 5% from Mexico and 2% from South Korea.

China is the market origin of imports that has grown the most for the months in question of the last eight years, since in 2012 represented 19% of total purchases and in 2019 grew to 55%.

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

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During the first quarter of 2020, imports of iron and steel sheets in the countries of the region totaled $208 million, 7% less than what was reported for the same period in 2019, a fall that is explained by the decrease in purchases in Honduras, El Salvador and Costa Rica.

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

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

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In the first nine months of 2018, purchases of iron and steel sheets in the countries of the region totaled $718 million, 9% more than in the same period in 2017.

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

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In the first half of the year, iron and steel sheet purchases in the countries of the region totaled $525 million, 2% more than imports in the same period in 2017.

Figures from the information system on the Iron and Steel Sheet Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

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