During the first four months of 2021, companies operating in Costa Rica sold $22 million worth of beef to China, this figure represents 54% of the total exported by the Central American country.
Data from the Foreign Trade Promotion Agency (Procomer) show that from January to April of this year, Costa Rican beef exports to China totaled $22 million, to the U.S. $8 million and to Puerto Rico $5 million.
Despite warnings in Costa Rica that there was a deficit in the budget of Senasa, the institution in charge of applying tests to exported and imported meats, the authorities assure that the execution of these tests will not be interrupted.
A few days ago, the livestock sector had warned that the entity could be forced to suspend the tests applied to meat products, a situation that could affect the health of consumers.
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"]
During the first quarter of the year in Costa Rica 99,662 cattle were slaughtered, 4% more than reported in the same period in 2019, which is largely explained by shipments to the market in China.
Although the spread of covid-19 has negatively impacted most economic sectors worldwide, data from the Livestock Corporation (Corfoga) detail that between January and March 2019 and the same period of 2020, the number of cattle slaughtered increased by 3981, from 95681 to 99662.
When the economies of Central America begin to relax the restrictions that have been taken to prevent the spread of covid-19, it is expected that in the area of processed meats, sales of pork ham will be among the most contracted.
Using a demand/income sensitivity model developed by the Trade Intelligence Unit of CentralAmericaData, it is possible to project the variations that household demand for different goods and services will undergo as the most critical phases of the spread of covid-19 are overcome and the measures restricting mobility in the countries of the region are lifted.
After meeting all the requirements demanded by the Asian country's authorities, the first shipment of 24,000 kilos of frozen pork cuts was sent on February 14.
The company that made the first shipment is Carnes Zamora, which in the first shipment included chops, ribs, shoulders, fat, skin, legs, horns and ears.
Due to the fact that preference for "vegetable" or plant-based meat is growing quickly in major global markets, food industry business groups have begun to make investments to meet this novel and growing market niche.
Foods that were once considered the exclusive consumption of vegans or vegetarians are now becoming popular, and in the case of the United States, in supermarkets it is increasingly normal to see meat products made from plants.
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]
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"]
To correct alleged price distortions in the local market, the Panamanian government plans to regulate imports of beef from Nicaragua.
The Ministry of Agricultural Development (MIDA)'s plan is to establish new import rules, which will aim to correct the "distortion in the price of beef paid for the local product."
In 2016 countries in the region exported 41,208 tons of beef to the US, 7% more than in 2015.
Figures from the information system on the Fresh, Refrigerated and Frozen Beef Market in Central America, complied by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
In 2016, the countries in the region sold 29 thousand tons of sausages, registering a 6% increase over 2015.
Figures from the information system on the Central American Market for Milk and Dairy Products, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]
Between 2012 and 2016 imports of beef in the country doubled, going from $24 million to $50 million, while in the same period local cattle slaughter fell by 17%.
Figures from the Livestock Development Corporation (CORFOGA) indicate that consumption of imported beef has grown steadily in recent years. In 2010 the country imported 4,731 tons, while in 2016 the figure was 9,406 tons.
Frozen meat and meat products such as sausages, ham and salami are some of the goods imported by supermarkets, restaurants and hotels in India.
From a report by Eurocarne.com:
The Foreign Service at the United States Department of Agriculture has prepared a report on the situation of the pork production in India and trade of this product.According to the report, the Asian country produced around 464,000 tons of this product from April 2014 to March 2015 and this amount accounts for 8% of the total protein intake in the country. It also states that the figure is 1.4% more than in the same period in previous years.
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