During 2020, imports of aluminum and its manufactures in Central America totaled $480 million, 19% less than what was reported in 2019, a drop that is explained by the decline in purchases from all markets in the region.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
In the first nine months of 2020, Central American imports of iron and steel sheets totaled $521 million, and purchases from Korean companies increased by 108% over what was reported in the same period of 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
In Costa Rica, of the total number of exporters whose majority of shipments are in the metal-mechanics, electrical and electronics or plastics sectors, 25% meet a profile of potential participation in global value chains.
An analysis prepared by the Foreign Trade Promotion Agency of Costa Rica (Procomer) explains that "... the 3 sectors agree in selling their products to at least 6 main GVCs: construction (25% of companies), agriculture (23%) trade (20%), food (11%), electronic components and telecommunications (10%) and medical industry (9%)."
From January to September 2020, imports of aluminum and its manufactures in Central America totaled $351 million, 20% less than what was reported in the same period of 2019, a drop that is explained by the decline in purchases from all markets in the region.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
During the first quarter of this year, imports of aluminum and its manufactures in Central America totaled $128 million, 17% less than what was reported for the same period in 2019, a drop that is explained by the decrease in purchases in most markets.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
During the first nine months of 2019, the countries of the region imported aluminum and its manufactures from Mexico for $25 million, and about 60% was purchased by companies from the Northern Triangle.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
In Costa Rica, the National Roads Council tenders the supply of modular steel trusses in delivery mode according to demand, to be used in vehicular bridges.
Costa Rica Government Purchase 2019LN-000010-0006000001:
"The objective is to establish a contractual relationship of delivery according to demand for the supply of modular trusses that can be launched with one or two lanes.
In 2017, Central America countries imported $96 million worth of various common metal manufactures from Mexico, 14% more than what was purchased in 2016.
Figures from the information system on the Market for Common Metals in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
Between July 2016 and June 2017, exports of precision and medical equipment, rubber, agricultural products, and metallurgical products increased by 15%, 8%, 7% and 23%, respectively, compared to the previous 12 months.
The sectors that showed the most notable growth in exports (July 2016 - June 2017 vs. July 2015 - June 2016) were precision and medical equipment, with an increase of US $347 million (+ 14.7%); the agricultural sector, which has continued to improve its performance after unfavorable climatic events in previous periods and showed an increase of US $193 million (+ 7.6%); metalmechanics, which recorded increased sales, of US $72 million (+ 23.1%); the food industry, which sold US $41 million more (+ 4.4%); the electric and electronic sector, which increased by US $34 million (+ 6.4%); rubber which increased by US $19 million (+ 8.5%); and chemical-pharmaceuticals which sold US $15 million more (+ 2.4%).
It is anticipated that international metal prices will rise by 11% due to a reduction in supply and a slight increase is projected in the prices of agricultural commodities.
From a report by the World Bank, "Commodity Markets Outlook":
Prices for most industrial commodities continued to rise in the fourth quarter from their lows in early 2016, while most agricultural prices declined.
Fruit juices and concentrates, canned tropical fruit, water, electric cables, laminated iron or steel products, antisera and drugs are among the products with the potential to enter the Israeli market.
A study by the Costa Rica Foreign Trade Promotion Office has identified 63 products that have export potential indicative to the Israeli market. The sector with the greatest potential is food (19%), followed by livestock and fisheries (19%) and metallurgy (17%). Among the products are: juices and fruit concentrates, canned tropical fruit, water, electric cables, laminated iron or steel products, antisera and drugs.
The Chamber of Industries of Costa Rica has announced the seventh edition of EXPOINDUSTRIA, a biennial business event featuring market opportunities and product promotions.
The event will be held in the Pedregal Event Center on April 16th-18th 2015.
From a press release issued by the Chamber of Industries of Costa Rica (ICRC):
Chamber of Industry prepares for the most important business meeting in the sector
The Costa Rican Electricity Institute seeks to purchase electromechanical equipment for the engine room of the Reventazon Hydroelectric Project.
The tender process is for the acquisition of electromechanical equipment for the engine room of the compensation center at the Reventazon Hydroelectric Project and associated services.
Oil and natural gas production companies on the island are potential customers for the Costa Rican metal industry.
Elfinancierocr.com reports that "Next Tuesday Costa Rican Trade Promotion Office (PROCOMER) will send a trade mission made up of businessmen from the metalworking sector to Trinidad and Tobago, with the objective of making the first links for possible future exports. "
The Printing, Plastics and Metalworking Industries in Costa Rica have joined forces for an event entitled the "First Multisectoral Meeting of the Printing, Plastics & Metalworking Industries 2011" to be held on 20, 21 and 22 of October, in CENAC, in la nave de ladrillo de la Antigua Aduana.
This meeting will feature approximately 120 affiliated and non-affiliated sectors such as metallurgy, services for the printing industry, plastics and suppliers, among others.
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