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

Contents:

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

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

In 2022, the average export price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more amounted to $190 per unit, rising by 28% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The export price peaked at $207 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($851 per unit), while the average price for exports to China ($145 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+17.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more stood at $239 per unit in 2022, shrinking by -8.4% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 14% against the previous year. The import price peaked at $355 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to -0.3% per year.

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

In 2022, the amount of swine; live, (other than pure-bred breeding animals), weighing 50kg or more exported from Vietnam soared to 6K units, growing by 2,084% compared with the year before. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more skyrocketed to $1.1M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1454.229.081377.7%
Cambodia4.00.69.8269306.7%
OthersN/AN/A2.263.02763.6%
Total1494.841.01,14597.3%

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

  1. China (5.6K units)
  2. Cambodia (0.3K units)

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

In 2022, overseas purchases of swine; live, (other than pure-bred breeding animals), weighing 50kg or more decreased by 99.9% to 178 units, falling for the second year in a row after two years of growth. In general, imports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2020 with an increase of 799%. As a result, imports reached the peak of 516K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more fell significantly to $42K in 2022. Over the period under review, imports recorded a dramatic downturn. The growth pace was the most rapid in 2020 with an increase of 504% against the previous year. As a result, imports reached the peak of $123M. 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 Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand20.4122104N/A125.8%
United StatesN/A1.0N/AN/A0%
OthersN/AN/A0.1N/A0%
Total20.4123105N/A126.9%

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

  1. Thailand (177.0 units)

Source: IndexBox Market Intelligence Platform

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