Price for Swine; Live, Pure-Bred Breeding Animals in the United States - 2023
Contents:
- Price for Swine; Live, Pure-Bred Breeding Animals in the United States (FOB) - 2023
- Price for Swine; Live, Pure-Bred Breeding Animals in the United States (CIF) - 2022
- Exports of Swine; Live, Pure-Bred Breeding Animals in the United States
- Imports of Swine; Live, Pure-Bred Breeding Animals in the United States
Price for Swine; Live, Pure-Bred Breeding Animals in the United States (FOB) - 2023
In September 2023, the average export price for swine; live, pure-bred breeding animalses amounted to $396 per unit, which is down by -82.8% against the previous month. Overall, the export price recorded a pronounced reduction. The pace of growth appeared the most rapid in August 2023 when the average export price increased by 245% m-o-m. As a result, the export price reached the peak level of $2,300 per unit, and then dropped rapidly in the following month.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was the Philippines ($2,102 per unit), while the average price for exports to Brazil ($290 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Swine; Live, Pure-Bred Breeding Animals in the United States (CIF) - 2022
The average import price for swine; live, pure-bred breeding animalses stood at $229 per unit in 2022, which is down by -16.3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 172%. As a result, import price attained the peak level of $564 per unit. From 2018 to 2022, the average import prices failed to regain momentum.
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 the Netherlands ($305 per unit), while the price for Canada amounted to $173 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+25.7%), while the prices for the other major suppliers experienced a decline.
Exports of Swine; Live, Pure-Bred Breeding Animals in the United States
In 2022, overseas shipments of swine; live, pure-bred breeding animalses decreased by -28.2% to 15K units for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +3.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. As a result, the exports attained the peak of 20K units, and then reduced markedly in the following year.
In value terms, swine; live, pure-bred breeding animals exports dropped dramatically to $11M in 2022. Over the period under review, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 132% against the previous year. The exports peaked at $30M in 2021, and then dropped notably in the following year.
| Export of Swine; Live, Pure-Bred Breeding Animals in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 8.5 | 23.0 | 3.4 | -36.8% |
| Mexico | 2.5 | 2.0 | 1.9 | 1.7 | -12.1% |
| Canada | 1.3 | 1.2 | 0.7 | 1.4 | 2.5% |
| Philippines | N/A | N/A | N/A | 0.9 | 0% |
| Vietnam | 0.3 | 1.3 | 0.2 | 0.9 | 44.2% |
| Brazil | 0.8 | 0.9 | 0.8 | 0.5 | -14.5% |
| Hong Kong SAR | 0.1 | N/A | 0.5 | 0.4 | 58.7% |
| Chile | N/A | N/A | N/A | 0.4 | 0% |
| Taiwan (Chinese) | N/A | 0.3 | 0.1 | 0.3 | 0.0% |
| Trinidad and Tobago | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| Ecuador | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Costa Rica | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| South Korea | 0.4 | 0.1 | 0.6 | 0.1 | -37.0% |
| Others | 0.7 | 0.6 | 2.3 | 0.6 | -5.0% |
| Total | 6.7 | 15.5 | 30.5 | 11.1 | 18.3% |
Top Export Markets for Swine; Live, Pure-Bred Breeding Animals from the United States in 2022:
- Mexico (3.1K units)
- Canada (3.0K units)
- China (2.2K units)
- Vietnam (0.9K units)
- Taiwan (Chinese) (0.8K units)
- Philippines (0.8K units)
- Brazil (0.6K units)
- Trinidad and Tobago (0.5K units)
- Chile (0.5K units)
- Ecuador (0.5K units)
- Costa Rica (0.3K units)
- Hong Kong SAR (0.3K units)
- South Korea (0.3K units)
Imports of Swine; Live, Pure-Bred Breeding Animals in the United States
In 2022, approx. 1.2K units of swine; live, pure-bred breeding animalses were imported into the United States; reducing by -24.8% against 2021 figures. In general, imports continue to indicate a dramatic decrease. The smallest decline of -22.9% was in 2021. Over the period under review, imports hit record highs at 3.7K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, swine; live, pure-bred breeding animals imports dropped markedly to $276K in 2022. Overall, imports showed a abrupt decline. The smallest decline of -0.7% was in 2021. Over the period under review, imports hit record highs at $515K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Swine; Live, Pure-Bred Breeding Animals in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 154 | 0% |
| Canada | 515 | 164 | 155 | 120 | -38.5% |
| Spain | N/A | 278 | 163 | N/A | -41.4% |
| Others | N/A | N/A | 121 | 2.7 | -97.8% |
| Total | 515 | 442 | 439 | 276 | -18.8% |
Top Suppliers of Swine; Live, Pure-Bred Breeding Animals to the United States in 2022:
- Canada (690.0 units)
- Netherlands (506.0 units)
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