After in May of last year in the context of the pandemic, regional purchases of tractors fell to a historic low at $4 million, in the following months imports showed a recovery and in December amounted to $20 million.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
After in May 2020, in the context of the pandemic caused by covid-19, regional purchases of tractors fell to a historic low of $4 million, in the following months imports showed a recovery.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
In the first six months of 2020, Central American countries spent $39 million on tractor imports, 28% less than what was reported for the same period in 2019, a drop that is largely explained by the purchasing behavior of Guatemala and Honduras.
Figures from the Trade Intelligence Area of CentralAmericaData: [GRAFICA caption="Click to interact with graph"]
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%.
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.
Mitsubishi Hitachi Power Systems, Kaeser Compressors, Cemcol and Goldstar Elevators, are some of the companies with the most important contracts to supply machinery and tools to public institutions in Central America.
An analysis by CentralAmericaData's Trade Intelligence Unit provides interesting data on the companies that were awarded contracts to supply machinery and tools to the governments of Central American countries in 2019.
In the first six months of 2019, Central American countries spent $54 million to import tractors, and purchases from companies in the U.S. and Mexico fell in year-on-year terms by 42% and 14%, respectively.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
In the first three months of 2019, Central American countries spent $25 million on tractor imports, and purchases from companies in the U.S. and Mexico fell 31% and 29% year-on-year, respectively.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]
Zebol, Técnica Universal, Cemcol and Airco are some of the companies awarded the most important contracts to supply machinery and tools to public institutions in Central America.
An analysis of CentralAmericaData's Trade Intelligence unit provides data on the companies that during the last year were favored by the region's governments, with contracts to supply different types of machinery and tools.
In the wholesale distribution business of industrial machinery and equipment in Costa Rica, it is estimated that Siemens and Zebol represent about 18% of the market share.
From the analysis of CentralAmericaData's information, it can be inferred that other companies registering considerable commercial activity in the wholesale business of industrial machinery and equipment are Larce and Tecnoagrícola de Centroamérica.
In the wholesale distribution business of agricultural machinery and equipment in Costa Rica, it is estimated that Agrosuperior, Saturnia and Disagro, together account for about 50% of the market share.
Data from the report "Company's Corporate System", complied by the Business Intelligence Unit at CentralAmericaData, provides details on company information based on sector, main activity, imports, exports, contracts granted by the government and other data.
In the first half of 2018, companies from Panama and Costa Rica invested $171 million to import port cranes, while no transactions were recorded in the other countries of the region.
Figures from the Business Intelligence Unit of CentralAmericaData:
Explore data in the interactive chart. [GRAFICA caption="Click to interact with graphic"]
In the first half of the year, Central American countries spent $90 million on tractor purchases, and imports from the U.S. increased 17% over the same period in 2017.
Figures from the information system on the Tractor Market in Central America complied by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
In the first quarter of the year, Central American countries bought $39 million worth of tractors, and imports from Mexico grew by 24% compared to the same period in 2017.
Information from the interactive system "Tractor Market in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, [GRAFICA caption="Click to interact with graph"]
Last year countries in the region imported $187 million worth of tractors, 13% more than what was reported in 2016, and 56% was purchased by companies in Costa Rica and Guatemala.
Information from the interactive system "Tractor Market in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, [GRAFICA caption="Click to interact with graph"]