Price for Swine; Live, Pure-Bred Breeding Animals in South Korea - 2022

Contents:

1. Price for Swine; Live, Pure-Bred Breeding Animals in South Korea (CIF) - 2022
2. Imports of Swine; Live, Pure-Bred Breeding Animals in South Korea

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

The average import price for swine; live, pure-bred breeding animalses stood at $1,441 per unit in 2022, picking up by 22% against the previous year. Overall, the import price saw a buoyant expansion. The growth pace was the most rapid in 2015 an increase of 52%. The import price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($2,225 per unit), while the price for the United States ($391 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of swine; live, pure-bred breeding animalses into South Korea fell markedly to 1.4K units, reducing by -40.3% against the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 152%. As a result, imports reached the peak of 2.3K units, and then declined sharply in the following year.

In value terms, swine; live, pure-bred breeding animals imports declined rapidly to $2M in 2022. In general, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by 119% against the previous year. As a result, imports attained the peak of $2.8M, and then contracted remarkably in the following year.

Top Suppliers of Swine; Live, Pure-Bred Breeding Animals to South Korea in 2022:

1. Canada (351.0 units)
2. France (276.0 units)
3. Denmark (240.0 units)
4. United States (233.0 units)

Source: IndexBox Market Intelligence Platform