Sheep; Live Price in Costa Rica - 2022

Contents:

1. Sheep; Live Price in Costa Rica (CIF) - 2022
2. Sheep; Live Price in Costa Rica (FOB) - 2022
3. Sheep; Live Imports in Costa Rica
4. Sheep; Live Exports in Costa Rica

Sheep; Live Price in Costa Rica (CIF) - 2022

In 2022, the average sheep; live import price amounted to $50 per unit, with an increase of 1.7% against the previous year. Overall, the import price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 7.9%. Over the period under review, average import prices attained the maximum at $105 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Nicaragua ($83 per unit), while the price for the United States stood at $48 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+2.3%).

Sheep; Live Price in Costa Rica (FOB) - 2022

In 2022, the average sheep; live export price amounted to $106 per unit, with an increase of 3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices attained the maximum at $107 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($107 per unit), while the average price for exports to Nicaragua amounted to $104 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+2.3%).

Sheep; Live Imports in Costa Rica

Sheep; live imports into Costa Rica dropped dramatically to 294 units in 2022, which is down by -23% against the year before. Over the period under review, imports continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 86%. Imports peaked at 685 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, sheep; live imports declined significantly to $15K in 2022. Overall, imports recorded a precipitous decline. The pace of growth was the most pronounced in 2021 with an increase of 77% against the previous year. Over the period under review, imports attained the peak figure at $39K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Sheep; Live to Costa Rica in 2022:

1. United States (275.0 units)
2. Nicaragua (19.0 units)

Sheep; Live Exports in Costa Rica

In 2022, the amount of sheep; live exported from Costa Rica contracted markedly to 34 units, falling by -17.1% on the year before. Overall, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 46%. The exports peaked at 64 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, sheep; live exports contracted to $3.6K in 2022. In general, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year. Over the period under review, the exports attained the maximum at $6.6K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Sheep; Live from Costa Rica in 2022:

1. Panama (21.0 units)
2. Nicaragua (13.0 units)

Source: IndexBox Market Intelligence Platform