Air Conditioning Equipment: What Markets Are Growing?
Wednesday, March 17, 2021
From January to September 2020 companies in the region bought abroad air conditioning equipment for $ 110 million, being Nicaragua, El Salvador and Costa Rica, Central American markets in year-on-year terms increased their imports.
Data from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]

Explore the data in the interactive display.

Costa Rica and Panama, Main Importers
During the first nine months of the year the main buyers of air conditioning equipment in Central America were Costa Rica and Panama, with $ 30 million and $ 24 million in order, followed by Honduras, with $ 23 million, El Salvador, with $ 14 million, Guatemala, with $ 12 million and Nicaragua, with $ 8 million.

In the case of the year-on-year variation of purchases, for the period in question Nicaragua recorded a 16% increase, followed by El Salvador with 9% and Costa Rica with 2%. Honduras reported a 16% drop in imports, Guatemala reported a 32% drop and Panama's purchases decreased 46%.

Variation in Regional Imports
Between January and September 2019 and the same period in 2020, the value of imports fell by 20%, from $138 million to $110 million.

In contrast to the general behavior of imports, for the periods in question, purchases from China increased from $55.7 million to $56.1 million.

Central America's Main Market Suppliers
During the first nine months of 2020, 51% of the value imported from Central America came from China, 22% from the USA, 3% from South Korea, 3% from Mexico and 2% from Thailand.

China is the country of origin of Central American imports that has grown the most for the period under analysis in recent years, since in 2012 it accounted for 22% of the total value purchased and in 2020 it rose to 51%.
Remark:

This analysis was performed considering machines and devices for air conditioning suitable for modifying temperatures and humidifies adjustable to walls, windows, floors or ceilings, vehicles, and the respective parts of the equipment.

Note: For this report, prepared by CentralAmericaData, SIECA data were used.

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More on this topic
Air Conditioning Equipment: $147 Million in Purchases
May 2021
In 2020, companies in the region bought abroad air conditioning equipment for $147 million, with Nicaragua being the only Central American market that in year-on-year terms increased its imports.
Data from the Trade Intelligence Unit of CentralAmerica
Data
: [GRAFICA caption="Click to interact with the graphic"].
Panama and Honduras, Main Importers
August 2020
During the first three months of last year the main buyers of air conditioning equipment in Central America were Panama and Honduras, with $22 million each, followed by Costa Rica, with $21 million, Guatemala, with $11 million, El Salvador, with $10 million and Nicaragua, with $5 million.
Data from the Trade Intelligence Unit of CentralAmerica
Data
: [GRAFICA caption="Click to interact with the graph"]
Air Conditioning: Honduras, the Fastest-Growing Market
February 2020
From January to September 2019, companies in the region bought air conditioning equipment abroad for $138 million, and imports by Honduran companies increased 22% compared to the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmerica
Data
: [GRAFICA caption="Click to interact with graphics"]
Air Conditioning: Less Purchases at the Beginning of the Year
August 2019
Between January and March 2019, the region imported $44 million in air conditioning equipment, 10% less than in the same period in 2018.
Figures from the Trade Intelligence Unit of CentralAmerica
Data
: [GRAFICA caption="Click to interact with graphic"]
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