For 2020, Honduras was the largest importer of iron and steel sheets in the Central American region with $198 million, it is noted that the main seller was China with 46.15% of the market, equivalent to $330.5 million, being the country with the highest growth in sales.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
In the first half of 2020, Central American imports of iron and steel sheets totaled $387 million, 13% less than what was reported in the same period of 2019, a drop that is explained by the decline in purchases in all markets in the region.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
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"]
During the first half of 2019, imports of iron and steel sheets in the countries of the region totaled $446 million, and purchases from companies in Mexico increased by 24% over the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
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.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]
During the last year, imports of iron and steel sheets in the countries of the region totaled $941 million, 13% more than in 2017, a rise explained by purchases made from companies in China.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
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"]
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"]
Since November 1st, the Honduran government decided to reduce from 35% to 25% the import tariffs for steel sheets and other related products.
According to businessmen in the sector, the action taken by the authorities seeks to ensure the supply of steel sheets and other similar products at national level, as well as ensuring product price stability.
In the first quarter of the year, purchases of iron and steel sheets in countries in the region totaled $270 million, 23% more than the amount imported 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 graph"]
In the first quarter of the year, companies in Honduras imported $36 million worth of iron and steel sheets from China, 36% more than in the same period in 2017.
Figures from the information system on the Iron and Steel Sheet Market in Honduras, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
After 2013, 2015 and 2016 saw declines in imports of iron sheets, last year purchases abroad grew by 54%, exceeding $922 million.
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 graph"]
In 2016, imports of iron and steel sheets totaled $124 million, and the value imported from Guatemala grew by 58% with respect to 2015.
Figures from the information system on the Market for Iron and Steel Sheets in Honduras, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
In 2016 Central American countries imported $645 million worth of iron and steel sheets, 24% less than in 2015.
Figures from the information system on the Iron and Steel Sheet Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAPHIC caption = "Click to interact with the graph"]