Price for Swine; Live, Pure-Bred Breeding Animals in Canada - 2023

Price for Swine; Live, Pure-Bred Breeding Animals in Canada (FOB) - 2022

In 2022, the average export price for swine; live, pure-bred breeding animalses amounted to $1,071 per unit, rising by 12% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 30%. Over the period under review, the average export prices attained the peak figure at $1,197 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($1,715 per unit), while the average price for exports to the United States ($150 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 Argentina (+28.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Swine; Live, Pure-Bred Breeding Animals in Canada (CIF) - 2022

The average import price for swine; live, pure-bred breeding animalses stood at $696 per unit in 2022, which is down by -11.4% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 48%. As a result, import price reached the peak level of $897 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.9% per year.

Exports of Swine; Live, Pure-Bred Breeding Animals in Canada

In 2022, overseas shipments of swine; live, pure-bred breeding animalses decreased by -49.5% to 9.5K units, falling for the second consecutive year after two years of growth. In general, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 17%. As a result, the exports reached the peak of 23K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, swine; live, pure-bred breeding animals exports shrank notably to $10M in 2022. Overall, exports recorded a significant decrease. The pace of growth appeared the most rapid in 2020 with an increase of 30%. As a result, the exports attained the peak of $28M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Swine; Live, Pure-Bred Breeding Animals in Canada (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Vietnam	1.8	6.8	10.1	5.9	48.5%
Japan	0.6	0.3	0.8	1.4	32.6%
Russia	11.7	14.5	3.9	0.7	-60.9%
South Korea	0.6	0.5	0.5	0.6	0.0%
Argentina	N/A	N/A	0.1	0.3	200.0%
United States	0.5	0.2	0.2	0.1	-41.5%
Ecuador	N/A	0.2	0.1	0.1	-29.3%
Philippines	2.7	1.5	0.2	N/A	-72.8%
Others	3.6	4.0	2.2	1.1	-32.6%
Total	21.5	28.0	18.0	10.2	-22.0%

Top Export Markets for Swine; Live, Pure-Bred Breeding Animals from Canada in 2022:

Vietnam (5.9K units)
United States (0.8K units)
Japan (0.8K units)
South Korea (0.6K units)
Russia (0.5K units)
Argentina (0.2K units)
Ecuador (0.2K units)

Imports of Swine; Live, Pure-Bred Breeding Animals in Canada

In 2022, swine; live, pure-bred breeding animals imports into Canada declined rapidly to 2.1K units, with a decrease of -37.4% on the year before. Overall, imports recorded a noticeable slump. The pace of growth appeared the most rapid in 2021 when imports increased by 84% against the previous year. As a result, imports attained the peak of 3.4K units, and then fell significantly in the following year.

In value terms, swine; live, pure-bred breeding animals imports dropped sharply to $1.5M in 2022. Over the period under review, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 88% against the previous year. As a result, imports reached the peak of $2.7M, and then declined significantly in the following year.