Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Spain - 2023
Contents:
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Spain (FOB) - 2023
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Spain (CIF) - 2023
- Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Spain
- Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Spain
Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Spain (FOB) - 2023
The average export price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more stood at $102 per unit in September 2023, declining by -61.1% against the previous month. In general, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in March 2023 an increase of 161% m-o-m. The export price peaked at $275 per unit in April 2023; however, from May 2023 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In September 2023, the country with the highest price was Portugal ($246 per unit), while the average price for exports to Germany stood at $204 per unit.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.8%).
Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Spain (CIF) - 2023
The average import price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more stood at $255 per unit in September 2023, with an increase of 49% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +3.6%. Over the period under review, average import prices hit record highs at $280 per unit in March 2023; however, from April 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($552 per unit), while the price for Luxembourg ($131 per unit) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+7.0%), 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 Spain
In 2022, after three years of growth, there was significant decline in shipments abroad of swine; live, (other than pure-bred breeding animals), weighing 50kg or more, when their volume decreased by -9.1% to 963K units. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 4.3%. As a result, the exports attained the peak of 1.1M units, and then shrank in the following year.
In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more surged to $158M in 2022. In general, exports showed a perceptible setback. Over the period under review, the exports of attained the peak figure at $172M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 122 | 137 | 111 | 139 | 4.4% |
| Germany | 26.1 | 23.2 | 22.3 | 18.0 | -11.6% |
| Italy | 20.7 | 9.9 | 2.0 | 0.5 | -71.1% |
| Others | 0.1 | 1.6 | 0.6 | 0.3 | 44.2% |
| Total | 169 | 172 | 136 | 158 | -2.2% |
Top Export Markets for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More from Spain in 2022:
- Portugal (871.7K units)
- Germany (87.1K units)
- Italy (2.6K units)
Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Spain
In 2022, imports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more into Spain stood at 690K units, picking up by 4.9% compared with the year before. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 111% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more fell to $114M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.8% 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 decreased by -7.7% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 86%. As a result, imports reached the peak of $123M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 26.3 | 38.8 | 34.6 | 49.3 | 23.3% |
| France | 28.3 | 59.1 | 24.4 | 15.6 | -18.0% |
| Netherlands | 0.1 | 4.9 | 11.8 | 15.5 | 437.2% |
| Belgium | N/A | 5.7 | 25.0 | 12.3 | 46.9% |
| Luxembourg | N/A | 1.3 | 13.8 | 10.6 | 185.5% |
| Denmark | 11.2 | 11.1 | 9.7 | 8.0 | -10.6% |
| Hungary | N/A | N/A | N/A | 2.3 | 0% |
| Others | 0.2 | 2.2 | 1.2 | N/A | 144.9% |
| Total | 66.1 | 123 | 121 | 114 | 19.9% |
Top Suppliers of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More to Spain in 2022:
- Portugal (347.4K units)
- France (98.7K units)
- Netherlands (83.7K units)
- Belgium (64.6K units)
- Luxembourg (59.1K units)
- Denmark (24.4K units)
- Hungary (12.3K units)
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