Beef: Central American Sales Up 16%

From January to September 2020, the countries of the region exported $527 million for beef, 16% more than what was registered in the same period of 2019, a rise that is explained by the behavior of Honduran, Panamanian, Costa Rican and Nicaraguan sales.

Monday, April 19, 2021

Export of fresh and frozen beef in Central America Al March 31st, 2022  

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Figures from the Trade Intelligence Unit of CentralAmericaData: Click to interact with the graphClick to interact with the graph

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Nicaragua, Main Seller
In the first nine months of 2020, the region's leading exporter continued to be Nicaragua, with $398 million, followed by Costa Rica, with $84 million, Panama, with $24 million, Honduras, with $16 million and Guatemala, with $4 million. El Salvador did not record significant exports.

For the period in question, Honduran sales increased 111% year-on-year, Panamanian 58%, Costa Rican 27% and Nicaraguan 12%. In the case of Guatemalan exports, a 30% decline was reported.

Regional Sales Up
Between January and September 2019 and the same period in 2020, the value of fresh, refrigerated and frozen beef exports from Central America rose 16%, from $453 million to $527 million.

Regional sales to the U.S. increased 29%, from $180 million to $232 million, and exports to China rose from $37 million to $57 million, an increase of 55%.

Destination of Exports
In the first nine months of 2020, 44% of the value exported from Central America was destined for the U.S., 11% for China, 8% for Puerto Rico, 7% for Mexico and 4% for Taiwan.

Export Prices
Between November 2014 and September 2020, the average price per kilo of fresh, chilled and frozen beef exports from the region fell 21%, from $5.34 to $4.22.

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Beef: Sales in the Region Increase

April 2022

During the third quarter of 2021, an increase of 22 % was observed, reaching $640 million in exports of fresh, refrigerated and frozen beef, however, in volume it only represented a 2 percent increase, reaching 125,448 tons.

Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]

Beef: Regional Exports Up 24%

January 2021

From January to June 2020, Central American countries reported $359 million in beef sales abroad, 24% more than what was recorded in the same period of 2019.

Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]

Beef: U.S. Business Increases

April 2019

From January to September 2018, countries in the region reported $422 million in beef sales abroad, and exports to the United States grew 16% over the same period in 2017.

Data from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics]

Beef: Increasing Business with the US

September 2018

In the first quarter of the year, countries in the region reported $148 million in beef sales abroad, and sales to the United States increased by 25% compared to the same period in 2017.

Figures from the information system on the Fresh, Refrigerated and Frozen Bovine Meat Market in Central America, compiled by the  Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

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