Costa Rica - Poultry - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPoultry Price in Costa Rica - 2022
Contents:
- Poultry Price in Costa Rica (CIF) - 2022
- Poultry Price in Costa Rica (FOB) - 2022
- Poultry Imports in Costa Rica
- Poultry Exports in Costa Rica
Poultry Price in Costa Rica (CIF) - 2022
The average poultry import price stood at $1,786 per ton in 2022, picking up by 1.8% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 32% against the previous year. Over the period under review, average import prices hit record highs at $2,005 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,887 per ton), while the price for Chile ($1,087 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.5%), while the prices for the other major suppliers experienced a decline.
Poultry Price in Costa Rica (FOB) - 2022
In 2022, the average poultry export price amounted to $2,053 per ton, picking up by 7.7% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poultry export price increased by +51.1% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 47%. The export price peaked at $2,095 per ton in 2015; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($2,958 per ton), while the average price for exports to Honduras ($1,612 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.
Poultry Imports in Costa Rica
In 2022, the amount of poultry imported into Costa Rica surged to 18K tons, with an increase of 21% against 2021 figures. The total import volume increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 29% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, poultry imports surged to $32M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Poultry in Costa Rica (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 17.2 | 18.9 | 21.6 | 29.4 | 19.6% |
Chile | 2.2 | 2.5 | 4.1 | 2.5 | 4.4% |
Others | 0.5 | 0.4 | 0.3 | 0.1 | -41.5% |
Total | 20.0 | 21.9 | 26.0 | 32.0 | 17.0% |
Top Suppliers of Poultry to Costa Rica in 2022:
- United States (15.6K tons)
- Chile (2.3K tons)
Poultry Exports in Costa Rica
In 2022, after three years of growth, there was significant decline in overseas shipments of poultry, when their volume decreased by -58.2% to 1.1K tons. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 220% against the previous year. As a result, the exports attained the peak of 2.5K tons, and then dropped markedly in the following year.
In value terms, poultry exports shrank notably to $2.2M in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 262%. As a result, the exports reached the peak of $4.8M, and then fell notably in the following year.
Export of Poultry in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nicaragua | 139 | 308 | 2,277 | 1,771 | 133.6% |
Honduras | 143 | 399 | 880 | 208 | 13.3% |
Guatemala | N/A | N/A | N/A | 122 | 0% |
Colombia | 380 | 622 | 1,658 | N/A | 108.9% |
Others | 16.0 | N/A | N/A | 67.5 | 61.6% |
Total | 678 | 1,329 | 4,815 | 2,168 | 47.3% |
Top Export Markets for Poultry from Costa Rica in 2022:
- Nicaragua (850.8 tons)
- Honduras (129.1 tons)
- Guatemala (41.1 tons)
This report provides an in-depth analysis of the poultry market in Costa Rica. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1058 - Chicken meat
- FCL 1059 - Offals and liver of chickens
- FCL 1069 - Duck meat
- FCL 1073 - Goose meat
- FCL 1074 - Offals and liver of geese
- FCL 1075 - Offals and liver of ducks
- FCL 1080 - Turkey meat
- FCL 1081 - Offals and liver of turkey
Country coverage:
- Costa Rica
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Costa Rica
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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