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"].
Accurately calculating the vehicle fleet or estimating the number of specialized machines and tractors used in certain areas is useful information for companies dedicated to the sale of accessories and spare parts to make the right decisions.
In order to minimize the risk of starting to commercialize spare parts and accessories that use specialized machines, tractors or vehicles, or simply to calculate potential sales in certain areas, countries or regions, companies rely on market studies that in some cases are elaborated with Big Data techniques.
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 recent years, electricity generators from Spain have gained importance in terms of the amount purchased, since in the first half of 2012 they represented barely 0.5% of total regional imports and for the same period in 2020 the proportion rose to 15%.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graph"]
The Costa Rican Railroad Institute is tendering the maintenance services of heavy equipment with generators and special groups for the electromechanical workshops of the Pacific and Atlantic sectors, for the term of four years.
Costa Rican Government Purchase 2020LN-000008-0012900001:
"Object of the contract:
a. Repair and maintenance of the corresponding Sector's (Pacific or Atlantic) generator equipment.
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"]
In the first nine months of 2019, the region's companies bought electric motors and generators abroad for $127 million, 35% less than what was reported for the same period in 2018.
Figures from the Trade Intelligence Unit 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.
The impact of the covid19 crisis on the construction sector in Central America is expected to be explained, to a greater extent, by the expected fall in the business of prefabricated steel structures.
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"]
From February 5 to 7, the event called "Expo Machine 2020" will take place in the country's capital, where several types of machines, equipment, products and services from the construction, industrial, logistics, maritime, mining and agricultural sectors will be offered.
The event's organizers informed that for this year's edition, 70 exhibitors will participate, including national and international ones, who will exhibit an average of 200 brands.
In Costa Rica, the company Matra, dedicated to the commercialization of machinery, invested $25 million in its new facilities in Coyol, Alajuela, with a construction area of 17 thousand m2.
The new facilities were built on a six-hectare site and include a truck workshop, paint shop, warehouse, offices, rental, exhibition area and machinery house.
Nacion.com reports that the center of attention has "...
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"]