Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Malaysia - 2024
Contents:
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Malaysia (FOB) - 2022
- Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Malaysia
Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Malaysia (FOB) - 2022
The average export price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more stood at $262 per unit in 2022, waning by -2.4% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 5.8% against the previous year. As a result, the export price reached the peak level of $268 per unit, and then reduced modestly in the following year.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2017 to 2022, the rate of growth in terms of prices for Singapore amounted to +0.9% per year.
Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Malaysia
In 2022, the amount of swine; live, (other than pure-bred breeding animals), weighing 50kg or more exported from Malaysia soared to 123K units, rising by 25% against 2021. In general, exports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 75%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more skyrocketed to $32M in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 84% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 13.7 | 25.2 | 26.4 | 32.2 | 33.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.7 | 25.2 | 26.4 | 32.2 | 33.0% |
Top Export Markets for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More from Malaysia in 2022:
- Singapore (122.9K units)
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