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

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

In 2022, the average export price for swine; live, pure-bred breeding animalses amounted to $971 per unit, leveling off at the previous year. Overall, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, swine; live, pure-bred breeding animals export price increased by +41.7% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by 42%. As a result, the export price attained the peak level of $975 per unit, leveling off in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($1,265 per unit), while the average price for exports to Panama ($660 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for swine; live, pure-bred breeding animalses amounted to $642 per unit, dropping by -21.6% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, swine; live, pure-bred breeding animals import price decreased by -27.1% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 47%. The import price peaked at $881 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.6% per year.

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

In 2022, swine; live, pure-bred breeding animals exports from Costa Rica stood at 986 units, approximately mirroring the previous year's figure. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -18.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 81%. As a result, the exports reached the peak of 1.2K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, swine; live, pure-bred breeding animals exports amounted to $958K in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 51% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Export of Swine; Live, Pure-Bred Breeding Animals in Costa Rica (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Honduras	128	263	458	433	50.1%
Nicaragua	87.0	277	198	266	45.1%
El Salvador	181	243	154	145	-7.1%
Ecuador	N/A	N/A	N/A	47.7	0%
Panama	55.2	43.2	53.5	36.3	-13.0%
Guatemala	77.2	N/A	58.9	29.9	-27.1%
Others	19.9	N/A	34.4	N/A	31.5%
Total	549	826	956	958	20.4%

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

Honduras (422.0 units)
El Salvador (216.0 units)
Nicaragua (210.0 units)
Ecuador (57.0 units)
Panama (55.0 units)
Guatemala (26.0 units)

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

Swine; live, pure-bred breeding animals imports into Costa Rica declined significantly to 198 units in 2022, with a decrease of -20.5% against the previous year's figure. Over the period under review, imports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 8.3%. Imports peaked at 483 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, swine; live, pure-bred breeding animals imports reduced dramatically to $127K in 2022. In general, imports showed a dramatic slump. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. Imports peaked at $426K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.