Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in China - 2023
Contents:
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in China (FOB) - 2022
- Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in China
Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in China (FOB) - 2022
The average export price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more stood at $426 per unit in 2022, with a decrease of -21.3% against the previous year. In general, the export price, however, saw a tangible expansion. The most prominent rate of growth was recorded in 2020 an increase of 92%. The export price peaked at $541 per unit in 2021, and then declined markedly in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($433 per unit), while the average price for exports to Hong Kong SAR stood at $425 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+4.2%).
Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in China
In 2022, overseas shipments of swine; live, (other than pure-bred breeding animals), weighing 50kg or more were finally on the rise to reach 1.1M units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a dramatic setback. The exports peaked at 2.1M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more fell modestly to $454M in 2022. The total export value increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 32%. As a result, the exports reached the peak of $521M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 361 | 471 | 425 | 409 | 4.2% |
| Macao SAR | 34.5 | 50.0 | 50.8 | 44.4 | 8.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 395 | 521 | 476 | 454 | 4.7% |
Top Export Markets for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More from China in 2022:
- Hong Kong SAR (962.8K units)
- Macao SAR (102.6K units)
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