Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in South Korea - 2022
Contents:
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in South Korea (CIF) - 2022
- Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in South Korea
Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in South Korea (CIF) - 2022
The average import price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more stood at $184 per unit in 2022, with an increase of 63% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $210 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($184 per unit), while the price for Canada amounted to $183 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.8%), while the prices for the other major suppliers experienced a decline.
Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in South Korea
In 2022, imports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more into South Korea shrank sharply to 1.7K units, reducing by -24.9% compared with 2021 figures. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 704%. As a result, imports attained the peak of 2.2K units, and then declined significantly in the following year.
In value terms, imports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more skyrocketed to $308K in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 427% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 51.3 | 31.7 | 136 | 194 | 55.8% |
| Canada | 102 | 16.1 | 115 | 114 | 3.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 153 | 47.8 | 252 | 308 | 26.3% |
Top Suppliers of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More to South Korea in 2022:
- Denmark (1058.0 units)
- Canada (619.0 units)
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