Panama’s Cattle Sector Shows Recovery While Pig Sector Declines
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PANAMA CITY — April 20, 2025 — A recent report details the performance of Panama’s agricultural sector, highlighting a contrasting trend between the cattle and the pig sectors. The data reveals that while the cattle sector is experiencing a recovery, the pig sector is facing a decline. This advancement raises crucial questions about market dynamics. Experts suggest these trends are influenced by varying factors; further analysis is needed to fully understand the implications for Panama’s livestock industry.
Panama’s cattle Sector Shows Recovery While Pig Sector Declines
Panama’s livestock industry presents a mixed picture in the first quarter of the year. Cattle slaughter is up, signaling a potential recovery, while the pig sector continues it’s downward trend.
Cattle Sector: A Turnaround
The cattle sector in Panama is showing signs of recovery after two years of losses. According to figures released by the National Institute of Statistics and Census (INEC) of the Comptroller General of the Republic, the sacrifice of cattle increased by 5.6% in the first three months of the year.
- First Quarter Increase: Cattle sacrifices rose from 79,661 in 2024 to 84,112 in 2025.
- March Leadership:
The slaughterhouse of the tables
recorded the highest number of cattle sacrifices in March, with 10,175. David followed with 4,653,and Panama with 3,685. - Recent History: This positive trend follows losses of -1.7% in 2023 and -9.1% in 2024. The previous year concluded with a fall of -4.1% in the sacrifice of cattle, wich also experienced a similar decrease of -4.1% in 2023.
Pig Sector: Continuing Decline
In contrast to the cattle sector, the pig sector is experiencing a decline. The first quarter of the year saw a 7% decrease in pig sacrifices, marking the second consecutive year of decline.
- First Quarter Decrease: The pig sector experienced a 7% fall in the first quarter of the year.
- Recent history: The sector reached a peak of 162,115 sacrifices in 2023 but has since declined. In 2024, the decrease was 7.3%, with 151,119 sacrifices. This year, the number stands at 140,580 sacrifices.
- March numbers: In March,
the main slaughterhouse for the pig sacrifice was Panama
with 12,461, followed by Arraiján with 8,733, and the tables with 8,627. - 2024 Performance:
The pig sector recorded a decrease in 2024
of -5%, while in 2023 it registered an increase of 2.3%.
Factors influencing the Trends
Several factors could be influencing these divergent trends.Market demand, export opportunities, and domestic consumption patterns all play a role. Additionally, government policies and international trade agreements can considerably impact the livestock industry [[2]].
Looking Ahead
The contrasting performance of the cattle and pig sectors highlights the complexities of Panama’s agricultural economy. Monitoring these trends will be crucial for policymakers and industry stakeholders alike.
FAQ
- What is the main finding of the report?
- The cattle sector is recovering with a 5.6% increase in sacrifices, while the pig sector is declining with a 7% decrease.
- Which slaughterhouse led in cattle sacrifices in march?
- The slaughterhouse of the tables recorded the most cattle sacrifices in March, with 10,175.
- What was the main slaughterhouse for pig sacrifices in March?
- Panama was the main slaughterhouse for pig sacrifices in March, with 12,461.
- Why is the pig sector declining?
- The pig sector has been in decline as 2023, with a 7% decrease in the first quarter of this year.