Costa Rica: Meat Dishes Market 2024

Meat Dishes Market Size in Costa Rica

The Costa Rican meat dishes market reduced modestly to $X in 2022, remaining constant against the previous year. Over the period under review, consumption, however, showed prominent growth. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Meat Dishes Production in Costa Rica

In value terms, meat dishes production fell to $X in 2022 estimated in export price. Overall, production, however, saw a resilient increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Meat Dishes Exports

Exports from Costa Rica

In 2022, the amount of meat dishes exported from Costa Rica dropped to X tons, which is down by X% on 2021 figures. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, meat dishes exports reached $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Nicaragua (X tons) was the main destination for meat dishes exports from Costa Rica, accounting for a X% share of total exports. Moreover, meat dishes exports to Nicaragua exceeded the volume sent to the second major destination, Honduras (X tons), sixfold. The third position in this ranking was taken by El Salvador (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nicaragua stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (X% per year) and El Salvador (X% per year).

In value terms, Nicaragua ($X) remains the key foreign market for meat dishes exports from Costa Rica, comprising X% of total exports. The second position in the ranking was taken by Honduras ($X), with a X% share of total exports. It was followed by El Salvador, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Nicaragua totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (X% per year) and El Salvador (X% per year).

Export Prices by Country

The average meat dishes export price stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Nicaragua ($X 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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Dishes Imports

Imports into Costa Rica

In 2022, overseas purchases of meat dishes increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports posted resilient growth. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, meat dishes imports surged to $X in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest meat dishes supplier to Costa Rica, with a X% share of total imports. Moreover, meat dishes imports from the United States exceeded the figures recorded by the second-largest supplier, Guatemala (X tons), eightfold. Nicaragua (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (X% per year) and Nicaragua (X% per year).

In value terms, the United States ($X) constituted the largest supplier of meat dishes to Costa Rica, comprising X% of total imports. The second position in the ranking was held by Nicaragua ($X), with an X% share of total imports. It was followed by Guatemala, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Nicaragua (X% per year) and Guatemala (X% per year).

Import Prices by Country

In 2022, the average meat dishes import price amounted to $X per ton, surging by X% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat dishes import price increased by X% against 2020 indices. The growth pace was the most rapid in 2016 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nicaragua ($X per ton), while the price for Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :