Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Canada - 2024
Contents:
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Canada (FOB) - 2024
- Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Canada
Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Canada (FOB) - 2024
The average export price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more stood at $182 per unit in September 2023, reducing by -11.8% against the previous month. Over the last eight-month period, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in July 2023 an increase of 22% against the previous month. Over the period under review, the average export prices hit record highs at $206 per unit in August 2023, and then reduced in the following month.
As there is only one major export destination, the average price level is determined by prices for the United States.
From January 2023 to September 2023, the rate of growth in terms of prices for the United States amounted to +1.3% per month.
Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Canada
After three years of growth, overseas shipments of swine; live, (other than pure-bred breeding animals), weighing 50kg or more decreased by -3.2% to 1.5M units in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 81%. As a result, the exports attained the peak of 1.6M units, and then dropped modestly in the following year.
In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more declined to $342M in 2022. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 203%. As a result, the exports reached the peak of $344M, leveling off in the following year.
| Export of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 124 | 114 | 344 | 342 | 40.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 124 | 114 | 344 | 342 | 40.2% |
Top Export Markets for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More from Canada in 2022:
- United States (1.5M units)
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