Price for Cattle; Live, Pure-Bred Breeding Animals in Costa Rica - 2022

Contents:

  1. Price for Cattle; Live, Pure-Bred Breeding Animals in Costa Rica (FOB) - 2022
  2. Price for Cattle; Live, Pure-Bred Breeding Animals in Costa Rica (CIF) - 2022
  3. Exports of Cattle; Live, Pure-Bred Breeding Animals in Costa Rica
  4. Imports of Cattle; Live, Pure-Bred Breeding Animals in Costa Rica

Price for Cattle; Live, Pure-Bred Breeding Animals in Costa Rica (FOB) - 2022

In 2022, the average export price for cattle; live, pure-bred breeding animalses amounted to $1,910 per unit, which is down by -4.4% against the previous year. Overall, the export price showed a mild decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by 22% against the previous year. The export price peaked at $2,213 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were El Salvador ($1,933 per unit) and Honduras ($1,912 per unit), while the average price for exports to Panama ($1,898 per unit) and Nicaragua ($1,899 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Cattle; Live, Pure-Bred Breeding Animals in Costa Rica (CIF) - 2022

The average import price for cattle; live, pure-bred breeding animalses stood at $1,829 per unit in 2022, shrinking by -13.9% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 17% against the previous year. Over the period under review, average import prices reached the peak figure at $7,917 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($1,847 per unit), while the price for Panama stood at $1,812 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-8.4%), while the prices for the other major suppliers experienced a decline.

Exports of Cattle; Live, Pure-Bred Breeding Animals in Costa Rica

In 2022, the amount of cattle; live, pure-bred breeding animalses exported from Costa Rica surged to 171 units, growing by 138% on the previous year. In general, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cattle; live, pure-bred breeding animals exports surged to $327K in 2022. Overall, exports saw modest growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cattle; Live, Pure-Bred Breeding Animals in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras11021.546.297.5-3.9%
Nicaragua33.59.952.995.041.5%
Panama10636.95.377.8-9.8%
El Salvador41.926.123.040.6-1.0%
Guatemala17.54.416.5N/A-2.9%
OthersN/AN/AN/A15.80%
Total30898.81443272.0%

Top Export Markets for Cattle; Live, Pure-Bred Breeding Animals from Costa Rica in 2022:

  1. Honduras (51.0 units)
  2. Nicaragua (50.0 units)
  3. Panama (41.0 units)
  4. El Salvador (21.0 units)

Imports of Cattle; Live, Pure-Bred Breeding Animals in Costa Rica

In 2022, approx. 37 units of cattle; live, pure-bred breeding animalses were imported into Costa Rica; shrinking by -11.9% on the year before. Over the period under review, imports saw a perceptible slump. The growth pace was the most rapid in 2021 when imports increased by 121% against the previous year. As a result, imports reached the peak of 42 units, and then fell in the following year.

In value terms, cattle; live, pure-bred breeding animals imports contracted markedly to $68K in 2022. In general, imports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2021 when imports increased by 160%. As a result, imports reached the peak of $89K, and then declined notably in the following year.

Import of Cattle; Live, Pure-Bred Breeding Animals in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama22.510.432.434.415.2%
Mexico19.410.234.433.319.7%
Nicaragua3.81.22.5N/A-18.9%
United States25.112.119.9N/A-11.0%
OthersN/A0.5N/AN/A0%
Total70.734.489.267.7-1.4%

Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to Costa Rica in 2022:

  1. Panama (19.0 units)
  2. Mexico (18.0 units)

Source: IndexBox Market Intelligence Platform

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