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Costa Rica: Slaughter, pork imports, and production costs in Jan-Apr

In this first part of the year, slaughter was relatively stable, pork imports increased sharply, and producer margins were good.

Graph 1. Monthly pig slaughter in the first four months of 2024 - annual variations. Prepared by 333 Latin America with data from CAPORC and CNP.  
Graph 1. Monthly pig slaughter in the first four months of 2024 - annual variations. Prepared by 333 Latin America with data from CAPORC and CNP.  
4 June 2024
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Slaughter

  • Hog slaughter in the January to April period totaled 277,814 head, an increase of 1.1% compared to the same period in 2023.
  • In April, slaughter reached its highest level yet this year with 74,336 head, representing an increase of 12.4% compared to the same month of 2023 and a 15.1% increase compared to the previous month.
  • Cull sow slaughter totaled 4,146 head for the January to April period, a decrease of 26.2% compared to the same period in 2022. The monthly average was about 1,037 head.

Prices and costs

  • The average carcass price at the slaughter plant in April was CRC 1,877/kg, representing an increase of 4.6% compared to last March. So far this year, carcass prices have increased by approximately 12%.
  • The average production cost of pork carcasses for April was estimated at CRC 1,470/kg, down 0.9% compared to March and 2% year to date.
  • In the last 7 months, the price/cost relationship has been favorable for pig farmers since the cost of production has been below the selling price of carcasses.
Graph 2. Production cost and selling price of carcasses in the last 12 months. Prepared by 333 Latin America with data from CAPORC and CNP.  

Graph 2. Production cost and selling price of carcasses in the last 12 months. Prepared by 333 Latin America with data from CAPORC and CNP.  

Imports

  • In the first four months of the year, pork imports increased by 98.3% compared to the same period in 2023, going from 4,786 to 9,489 tons.
  • April saw the highest volume of imports so far this year with 3,201 tons, 219% higher than the same month in 2023 and 82% higher than last March.
Graph 3. Monthly pork imports in the first four months of 2024 - annual variations. Prepared by 333 Latin America with data from CAPORC and CNP.  

Graph 3. Monthly pork imports in the first four months of 2024 - annual variations. Prepared by 333 Latin America with data from CAPORC and CNP.  

May 30, 2024/ 333 Latin America with CAPORC and CNP data.
https://www.cnp.go.cr/

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