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.
In order to improve the sector's production management and guarantee safe pork trade, the Guatemalan government is moving forward with the implementation of the Official Pork Traceability Program.
The program, which is being implemented by the Ministry of Agriculture, Livestock and Food (Maga), consists of placing radiofrequency button-type and flag-type devices for breeding animals.
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"]
Given the announcements made by butchers about the possible increase in the price of beef, the Diaco announces that it has begun operations to prevent speculation.
The Direccion de Atención y Asistencia al Consumidor (Diaco), an agency of the Ministry of Economy, informed that it has begun operations to verify red meat prices nationwide, warning that it will not tolerate any abuse and price speculation.
With the new laboratory for the analysis of toxic residues of bovine, porcine and poultry meat, which will begin to operate as of March 2021, Panama will be able to begin exporting to the US market.
Due to the fact that the country so far lacks a laboratory to certify the quality of the meat, Panama cannot export to the United States, however, authorities announced that next year the situation will change.
In the last five years, pork consumption in Central America increased 42%, from 197,000 tons in 2014 to nearly 279,000 tons in 2019, growth that was boosted by the Salvadoran and Honduran markets.
Figures from the "Pork Market Snapshot" prepared by the Trade Intelligence Unit of CentralAmericaData, detail that in the last two years’ regional consumption of pork registered a 3% increase, since between 2018 and 2019 it is estimated that demand in Central America rose from 270 thousand metric tons to 279 thousand tons.
When the country's authorities begin to lift the restrictions that have been taken to prevent the spread of covid-19, it is predicted that in the meat sector, sales of chicken could contract by 2%.
Through a demand/income sensitivity model developed by the Trade Intelligence Unit of CentralAmericaData, variations in household demand for different goods and services can be projected 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.
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 the sanitary protocol to sell meat to China came into effect and the industrial plants in Costa Rica were certified, the Central American country's sales to the Asian giant doubled between 2018 and 2019.
Figures from the Foreign Trade Promotion Agency (Procomer) show that in 2018 beef sales to China reached $22 million, while in 2019 they doubled to $57 million.
The Executive will present to the Assembly a proposal that seeks to typify the carcasses and the nomenclature of beef cuts, with the objective of establishing quality parameters in the local market.
The bill, which must be approved by the National Assembly, takes up the legislation that was repealed in 2013 to return to the classification of meat, which will help producers to sell on the international market and invest in quality, reported the Panamanian government.
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.
Between January and September 2018 and the same period in 2019, the number of cattle slaughtered in Panama increased 4%, while the slaughter of pigs decreased 9%.
The most recent figures from the General Comptroller's Office of the Republic of Panama detail that in the first nine months of the year 252,143 head of cattle were slaughtered, a figure higher than the 242,270 reported in the same period of 2018.
Consistent with the downward trend reported in recent months, between January and August 2018 and the same period in 2019 the number of pigs slaughtered in the country fell 9%, while the slaughter of cattle grew 3% for the periods in question.
The most recent report of the General Comptroller of the Republic details that in the first eight months of the year 223,979 head of cattle were slaughtered, a figure higher than the 216,059 reported in the same period of 2018.
Between January and July 2018 and the same period in 2019 the number of pigs slaughtered in Panama decreased 9%, while the slaughter of cattle increased 3%.
The most recent data from the General Comptroller's Office of the Republic of Panama detail that in the first seven months of the year 193,231 head of cattle were slaughtered, a figure higher than the 187,248 reported in the same period of 2018.