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"]
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"]
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.
From January to September 2018, imports of electric motors and generators totaled $195 million, 80% more than in the same period in 2017, because of purchases from El Salvador from Spanish companies.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
In the first six months of 2018, purchases of electric motors and generators in the region totaled $74 million, of which 51% was imported by companies in El Salvador and Guatemala.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Between January and March of this year, companies in Guatemala imported $8 million worth of electric generators, 18% more than in the same period in 2017, and 55% came from the United States and China.
Figures from the information system on the Electric Motors and Generators Market in Guatemala, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
In 2017, purchases of electric motors and generators from Central American countries totaled $152 million, which represents an increase of 3% compared to the previous year.
Figures from the information system on the Electric Motors and Generators Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData : [GRAFICA caption = "Click to interact with graph"]
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