Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Belgium - 2023
Contents:
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Belgium (FOB) - 2023
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Belgium (CIF) - 2023
- Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Belgium
- Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Belgium
Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Belgium (FOB) - 2023
In October 2023, the average export price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg amounted to $77.7 per unit, reducing by -12.3% against the previous month. Over the period under review, export price indicated a measured increase from October 2022 to October 2023: its price increased at an average monthly rate of +4.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg decreased by -32.2% against August 2023 indices. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 53% month-to-month. The export price peaked at $130 per unit in March 2023; however, from April 2023 to October 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Germany ($117 per unit), while the average price for exports to the Netherlands ($14.3 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+5.2%), 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 Less than 50kg in Belgium (CIF) - 2023
In October 2023, the average import price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg amounted to $67.4 per unit, reducing by -10.9% against the previous month. Overall, the import price, however, recorded notable growth. The pace of growth was the most pronounced in August 2023 when the average import price increased by 76% m-o-m. The import price peaked at $109 per unit in June 2023; however, from July 2023 to October 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the Netherlands ($69.1 per unit), while the price for Germany totaled $9.6 per unit.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.7%).
Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Belgium
For the fourth year in a row, Belgium recorded growth in overseas shipments of swine; live, (other than pure-bred breeding animals), weighing less than 50kg, which increased by 29% to 376K units in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 78% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing less than 50kg skyrocketed to $20M in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 81% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.2 | 0.8 | 2.5 | 8.7 | 251.7% |
| Germany | N/A | 0.3 | 0.1 | 3.0 | 216.2% |
| France | 3.4 | 2.6 | 3.0 | 2.9 | -5.2% |
| Netherlands | 0.1 | 1.5 | 1.0 | 2.3 | 184.4% |
| Portugal | 0.4 | 0.3 | 1.5 | 1.5 | 55.4% |
| Luxembourg | 0.7 | 0.7 | 0.6 | 0.6 | -5.0% |
| Croatia | 1.7 | 5.3 | 2.2 | 0.2 | -51.0% |
| Poland | 0.1 | 0.1 | 0.9 | 0.1 | 0.0% |
| Others | 0.1 | 0.6 | 1.4 | 0.2 | 26.0% |
| Total | 6.8 | 12.3 | 13.2 | 19.6 | 42.3% |
Top Export Markets for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg from Belgium in 2022:
- Spain (135.7K units)
- France (67.3K units)
- Germany (56.1K units)
- Netherlands (45.5K units)
- Portugal (44.6K units)
- Luxembourg (16.6K units)
- Croatia (3.5K units)
- Poland (1.8K units)
Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Belgium
For the third year in a row, Belgium recorded decline in purchases abroad of swine; live, (other than pure-bred breeding animals), weighing less than 50kg, which decreased by -39.9% to 147K units in 2022. Overall, imports faced a dramatic downturn. The smallest decline of -27.4% was in 2020. Imports peaked at 534K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of swine; live, (other than pure-bred breeding animals), weighing less than 50kg fell notably to $7.2M in 2022. In general, imports recorded a sharp reduction. The smallest decline of -15.7% was in 2020. Imports peaked at $32M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 30.4 | 21.7 | 11.8 | 5.5 | -43.4% |
| Spain | N/A | N/A | 0.8 | 0.7 | -12.5% |
| Denmark | 1.5 | 5.1 | 3.0 | 0.6 | -26.3% |
| France | 0.4 | 0.1 | 0.2 | 0.3 | -9.1% |
| Germany | 0.1 | 0.3 | 0.5 | 0.2 | 26.0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 32.5 | 27.4 | 16.3 | 7.2 | -39.5% |
Top Suppliers of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg to Belgium in 2022:
- Netherlands (120.0K units)
- Denmark (13.7K units)
- France (5.2K units)
- Spain (4.8K units)
- Germany (3.3K units)
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