Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Panama - 2022
Contents:
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Panama (FOB) - 2022
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Panama (CIF) - 2022
- Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Panama
- Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Panama
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Panama (FOB) - 2022
The average export price for cattle; live, other than pure-bred breeding animalses stood at $852 per unit in 2022, flattening at the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 34%. The export price peaked at $901 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Costa Rica.
From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to +31.1% per year.
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Panama (CIF) - 2022
In 2022, the average import price for cattle; live, other than pure-bred breeding animalses amounted to $938 per unit, surging by 9.4% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 64% against the previous year. As a result, import price attained the peak level of $3,050 per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nicaragua ($1,023 per unit), while the price for the United States ($78 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+17.8%), while the prices for the other major suppliers experienced a decline.
Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Panama
After two years of decline, overseas shipments of cattle; live, other than pure-bred breeding animalses increased by 14% to 58 units in 2022. Overall, exports, however, faced a abrupt slump. Over the period under review, the exports of hit record highs at 80 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of cattle; live, other than pure-bred breeding animalses expanded sharply to $49K in 2022. Over the period under review, exports, however, saw a deep downturn. Over the period under review, the exports of attained the peak figure at $69K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 68.6 | 54.9 | 43.9 | 49.4 | -10.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 68.6 | 54.9 | 43.9 | 49.4 | -10.4% |
Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from Panama in 2022:
- Costa Rica (58.0 units)
Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Panama
After two years of decline, purchases abroad of cattle; live, other than pure-bred breeding animalses increased by 4.8% to 22 units in 2022. In general, imports, however, continue to indicate a slight decline. Over the period under review, imports of reached the peak figure at 23 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of cattle; live, other than pure-bred breeding animalses stood at $21K in 2022. Overall, imports, however, showed a abrupt shrinkage. Over the period under review, imports of hit record highs at $29K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Cattle; Live, Other than Pure-Bred Breeding Animals in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 28.1 | 23.0 | 17.8 | 20.5 | -10.0% |
| United States | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
| Costa Rica | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.5 | 23.3 | 18.0 | 20.6 | -10.3% |
Top Suppliers of Cattle; Live, Other than Pure-Bred Breeding Animals to Panama in 2022:
- Nicaragua (20.0 units)
- United States (1.0 units)
- Costa Rica (1.0 units)
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