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

Contents:

  1. Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Ecuador (CIF) - 2022
  2. Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Ecuador

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

In 2022, the average import price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg amounted to $43 per unit, shrinking by -9.8% against the previous year. In general, the import price showed a mild setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 0.6% against the previous year. The import price peaked at $52 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to -1.9% per year.

Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Ecuador

For the fourth consecutive year, Ecuador recorded growth in overseas purchases of swine; live, (other than pure-bred breeding animals), weighing less than 50kg, which increased by 5% to 381 units in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.2% 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 increased by +91.5% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 73% against the previous year. Over the period under review, imports of reached the maximum 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 less than 50kg contracted to $16K in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.9% 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 -10.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 74% against the previous year. As a result, imports attained the peak of $18K. 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 Less than 50kg in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica10.42.517.116.215.9%
United StatesN/A15.6N/AN/A0%
OthersN/AN/AN/AN/A0%
Total10.418.117.116.215.9%

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

  1. Costa Rica (381.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Swine; live, (other than pure-bred breeding animals), weighing less than 50kg - Ecuador