Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in India - 2022

Contents:

1. Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in India (FOB) - 2022
2. Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in India (CIF) - 2022
3. Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in India
4. Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in India

Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in India (FOB) - 2022

In 2022, the average export price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more amounted to $62 per unit, which is down by -17.3% against the previous year. Over the period under review, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices reached the maximum at $201 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($66 per unit), while the average price for exports to Nepal amounted to $61 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+8.5%).

Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in India (CIF) - 2022

The average import price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more stood at $181 per unit in 2022, with an increase of 14% against the previous year. Overall, the import price, however, continues to indicate a perceptible decrease. Over the period under review, average import prices hit record highs at $226 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,901 per unit), while the price for Nepal stood at $72 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.6%).

Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in India

In 2022, overseas shipments of swine; live, (other than pure-bred breeding animals), weighing 50kg or more were finally on the rise to reach 183 units after two years of decline. Overall, exports, however, saw a abrupt shrinkage. The exports peaked at 266 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more soared to $11K in 2022. In general, exports, however, showed a abrupt decrease. Over the period under review, the exports of reached the peak figure at $15K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More from India in 2022:

1. Nepal (140.0 units)
2. Thailand (43.0 units)

Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in India

For the fourth consecutive year, India recorded growth in overseas purchases of swine; live, (other than pure-bred breeding animals), weighing 50kg or more, which increased by 2% to 52 units in 2022. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 9.1%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more soared to $9.4K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More to India in 2022:

1. Nepal (50.0 units)
2. United States (2.0 units)

Source: IndexBox Market Intelligence Platform