Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Luxembourg - 2023
Contents:
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Luxembourg (FOB) - 2023
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Luxembourg (CIF) - 2023
- Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Luxembourg
- Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Luxembourg
Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Luxembourg (FOB) - 2023
The average export price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more stood at $280 per unit in August 2023, dropping by -22.6% against the previous month. Over the period under review, export price indicated pronounced growth from November 2022 to August 2023: its price increased at an average monthly rate of +3.5% over the last nine months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, export price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more decreased by -22.6% against July 2023 indices. The pace of growth was the most pronounced in January 2023 when the average export price increased by 29% against the previous month. Over the period under review, the average export prices reached the maximum at $361 per unit in July 2023, and then declined dramatically in the following month.
Average prices varied noticeably for the major external markets. In August 2023, the country with the highest price was Belgium ($181 per unit), while the average price for exports to Germany ($169 per unit) was amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Luxembourg (CIF) - 2023
In August 2023, the average import price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more amounted to $285 per unit, stabilizing at the previous month. In general, the import price posted a resilient increase. The most prominent rate of growth was recorded in January 2023 an increase of 205% m-o-m. Over the period under review, average import prices hit record highs at $461 per unit in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($181 per unit), while the price for France ($119 per unit) was amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Luxembourg
In 2022, overseas shipments of swine; live, (other than pure-bred breeding animals), weighing 50kg or more decreased by -18.4% to 38K units, falling for the second year in a row after two years of growth. In general, exports saw a perceptible reduction. The growth pace was the most rapid in 2020 with an increase of 15% against the previous year. As a result, the exports reached the peak of 49K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more declined slightly to $8.4M in 2022. The total export value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 31%. As a result, the exports attained the peak of $10M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.0 | 4.2 | 1.9 | 2.7 | -23.4% |
| Italy | 0.7 | 1.7 | 1.5 | 2.2 | 46.5% |
| Spain | N/A | 1.1 | 3.1 | 2.2 | 41.4% |
| Belgium | 0.2 | 1.3 | 1.5 | 1.0 | 71.0% |
| Netherlands | 0.7 | 0.2 | 0.1 | 0.2 | -34.1% |
| Others | N/A | 1.5 | 0.3 | 0.1 | -74.2% |
| Total | 7.6 | 10.0 | 8.4 | 8.4 | 3.4% |
Top Export Markets for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More from Luxembourg in 2022:
- Germany (12.6K units)
- Italy (9.9K units)
- Spain (9.8K units)
- Belgium (5.2K units)
- Netherlands (0.6K units)
Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Luxembourg
Imports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more into Luxembourg rose markedly to 11K units in 2022, increasing by 9.1% on 2021. Overall, imports, however, showed a slight descent. The pace of growth appeared the most rapid in 2021 when imports increased by 12%. Imports peaked at 11K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more reduced to $2M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 35%. As a result, imports reached the peak of $2.5M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,489 | 1,279 | 1,123 | 774 | -19.6% |
| Belgium | N/A | 29.7 | 79.2 | 718 | 391.7% |
| Canada | N/A | 734 | 690 | 369 | -29.1% |
| Netherlands | 251 | 53.8 | 115 | 96.3 | -27.3% |
| France | 98.7 | 101 | 76.4 | 49.2 | -20.7% |
| Others | 19.9 | 312 | 155 | N/A | 179.1% |
| Total | 1,859 | 2,510 | 2,238 | 2,006 | 2.6% |
Top Suppliers of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More to Luxembourg in 2022:
- Germany (4.5K units)
- Belgium (4.0K units)
- Netherlands (1.9K units)
- France (0.3K units)
- Canada (0.2K units)
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