Beef: Regional Exports Up 24%

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.

Thursday, January 28, 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 six months of 2020 the main exporter in the region continued to be Nicaragua, with $267 million, followed by Costa Rica, with $59 million, Panama, with $21 million, Honduras, with $10 million and Guatemala, with $3 million. El Salvador did not record significant exports.

For the period in question, Panamanian sales abroad increased 106% year-on-year, Honduran sales 84%, Costa Rican sales 46% and Nicaraguan sales 16%. In the case of Guatemalan exports, a 28% decrease was reported.

Regional Sales Up
Between January and June 2019 and the same period in 2020, the value of fresh, refrigerated and frozen beef exports from Central America rose 24%, from $289 million to $359 million.

Regional sales to the U.S. increased 39%, from $114 million to $159 million.

Destination of Exports
In the first quarter of 2019, 44% of the value exported from Central America was destined for the U.S., 12% for China, 7% for Puerto Rico, 6% for Mexico and 4% for Taiwan.

Export Prices
Between November 2014 and June 2020, the average price per kilogram exported of fresh, chilled and frozen beef from the region fell 16%, dropping from $5.34 to $4.50.

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Beef: Central American Sales Up 16%

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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.

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

Beef Meat: Regional Sales Grow 4%

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From January to March 2019, the countries of the region reported $154 million in sales of beef abroad, and exports to Puerto Rico grew 12% over the same period in 2017.

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

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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