Price for Animal Products; Bovine Semen in Costa Rica - 2022
Contents:
- Price for Animal Products; Bovine Semen in Costa Rica (CIF) - 2022
- Imports of Animal Products; Bovine Semen in Costa Rica
Price for Animal Products; Bovine Semen in Costa Rica (CIF) - 2022
The average animal products; bovine semen import price stood at $5 per unit in 2022, increasing by 10% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, animal products; bovine semen import price increased by +71.7% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($7.2 per unit), while the price for the Netherlands ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Animal Products; Bovine Semen in Costa Rica
In 2022, the amount of animal products; bovine semens imported into Costa Rica expanded to 317K units, surging by 2.5% compared with the previous year's figure. Overall, imports, however, continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 when imports increased by 24%. As a result, imports reached the peak of 484K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, animal products; bovine semen imports rose markedly to $1.6M in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 20%. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Animal Products; Bovine Semen in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 706 | 828 | 542 | 722 | 0.7% |
| Brazil | 289 | 422 | 433 | 446 | 15.6% |
| Canada | 153 | 165 | 136 | 146 | -1.5% |
| France | 91.1 | 128 | 148 | 91.0 | -0.0% |
| New Zealand | 30.2 | 21.0 | 15.2 | 47.6 | 16.4% |
| Germany | 14.4 | 30.2 | 13.1 | 45.9 | 47.2% |
| Switzerland | 23.9 | 21.6 | 27.3 | 22.6 | -1.8% |
| Netherlands | 21.6 | 7.4 | 17.0 | 4.2 | -42.1% |
| Others | 47.2 | 33.0 | 73.8 | 62.7 | 9.9% |
| Total | 1,377 | 1,657 | 1,405 | 1,589 | 4.9% |
Top Suppliers of Animal Products; Bovine Semen to Costa Rica in 2022:
- United States (133.5K units)
- Brazil (90.5K units)
- Canada (27.1K units)
- France (24.6K units)
- Germany (14.8K units)
- New Zealand (6.6K units)
- Netherlands (3.3K units)
- Switzerland (3.3K units)
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