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

Contents:

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

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

The average import price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg stood at $56 per unit in 2022, shrinking by -51.6% against the previous year. In general, the import price continues to indicate a noticeable slump. The growth pace was the most rapid in 2021 when the average import price increased by 112%. Over the period under review, average import prices reached the maximum at $126 per unit in 2013; however, from 2014 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 Canada.

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +18.4% per year.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of swine; live, (other than pure-bred breeding animals), weighing less than 50kg, when their volume decreased by -88.7% to 434 units. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 226% against the previous year. As a result, imports attained the peak of 3.9K units, and then fell dramatically in the following year.

In value terms, imports of swine; live, (other than pure-bred breeding animals), weighing less than 50kg contracted rapidly to $24K in 2022. Over the period under review, imports showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 591% against the previous year. As a result, imports reached the peak of $449K, and then shrank markedly in the following year.

Import of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada2.97.426.024.5103.7%
United States26.116.3114N/A109.0%
France10.426.386.9N/A189.1%
Denmark4.515.067.5N/A287.3%
Others4.6N/A154N/A478.6%
Total48.465.044924.5-20.3%

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

  1. Canada (434.0 units)

Source: IndexBox Market Intelligence Platform

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