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"]
In the first three months of 2020, Central American companies bought electric motors and generators abroad for $29 million, 39% less than what was reported for the same period in 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graph"]
Based on data inferred from the digital behavior of consumers, it is estimated that in the countries of the region more than 120 thousand people show interest in lubricants, and most of them are between 19 and 35 years old.
A study of the interests and preferences of consumers in Central America, prepared by the Trade Intelligence Unit of CentralAmericaData, gives interesting results on the preferences and tastes of people in various products, services and activities.
After Congress banned electricity distribution companies from disconnecting their services, in Guatemala the payment of energy provided by generators is in danger and the authorities assure that they are not contemplating temporarily financing the costs.
In the context of the health and economic crisis generated by covid-19, the deputies of Congress approved and published Decree 15-2020, which prohibits cuts in water, electricity, cable TV, telephone and Internet services during the state of calamity and its possible extensions.
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"]
As a result of the debt that the National Electric Energy Company has with the generators, the business sector fears that in 2020 there will be rationing in the supply of electricity.
For the Honduran Council of Private Enterprise (Cohep), it urges that the Honduran government cancel the debt to the power generators, which totals about $568 million. If the obligations are not paid, severe service rationing could be reported in the middle of next year, according to productive sector forecasts.
In the first half of 2019, purchases of electric motors and generators in the region totaled $84 million, and imports made by companies in El Salvador and Panama grew 80% and 35%, respectively.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
The National Registry of Individuals tenders the supply of 50 electricity generating plants for the institution's use in different areas of the country.
During the first quarter of the year, imports of electric motors and generators in Central America totaled $48 million, an amount that is barely 2% higher than the purchases recorded in the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]
The Hydroelectric Executive Commission of the Lempa River of El Salvador tenders the supply of a set of air and oil heat exchangers for the generators of the 5 de Noviembre Hydroelectric Plant.
Partly determined by the behavior of the energy supply from thermal sources, between January and July 2018 and the same period in 2019 the electricity generation in Panama grew 4%.
According to the latest report of the General Comptroller of Panama, in the first seven months of 2019 were generated 6,503 million kwh, which is equivalent to a 3.6% increase over the 6,503 million offered in the same period of 2018.
During the last year, imports of electric motors and generators totaled $222 million, 46% more than in 2017, which is largely because of purchases from El Salvador from Spanish companies.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Because of the lack of rain, during the first half of the year Guatemala reported a 27% drop in power generation with water compared to the same period in 2018, a situation that could put even more pressure on market prices.
According to directors of the Association of Renewable Energy Generators (Ager), just in June 2019, the fall in generation by hydroelectric was 40% over the same month in 2018.
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