Swine; Live Price in Argentina - 2023

Contents:

  1. Swine; Live Price in Argentina (CIF) - 2022
  2. Swine; Live Price in Argentina (FOB) - 2022
  3. Swine; Live Imports in Argentina
  4. Swine; Live Exports in Argentina

Swine; Live Price in Argentina (CIF) - 2022

In 2022, the average swine; live import price amounted to $4,058 per unit, increasing by 410% against the previous year. Over the period under review, the import price recorded a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Canada amounted to +19.0% per year.

Swine; Live Price in Argentina (FOB) - 2022

In 2022, the average swine; live export price amounted to $498 per unit, increasing by 26% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, swine; live export price increased by +79.1% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of 35% against the previous year. As a result, the export price reached the peak level of $540 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($550 per unit), while the average price for exports to Uruguay amounted to $424 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+4.6%).

Swine; Live Imports in Argentina

In 2022, approx. 372 units of swine; live were imported into Argentina; dropping by -90.8% on 2021 figures. In general, imports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Over the period under review, imports attained the maximum at 6.1K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, swine; live imports shrank dramatically to $1.5M in 2022. Over the period under review, imports recorded a dramatic decline. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. Imports peaked at $5.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Swine; Live in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/A0.21.5650.0%
Brazil5.62.62.9N/A-28.0%
OthersN/A0.10.1N/A0.0%
Total5.72.63.21.5-35.9%

Top Suppliers of Swine; Live to Argentina in 2022:

  1. Canada (372.0 units)

Swine; Live Exports in Argentina

In 2022, exports of swine; live from Argentina surged to 104 units, growing by 24% against the previous year's figure. Over the period under review, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 54%. As a result, the exports attained the peak of 192 units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, swine; live exports soared to $52K in 2022. In general, exports recorded buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 102% against the previous year. As a result, the exports attained the peak of $70K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Swine; Live in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia24.349.723.833.611.4%
Uruguay10.520.69.518.220.1%
OthersN/AN/AN/AN/A0%
Total34.870.333.351.814.2%

Top Export Markets for Swine; Live from Argentina in 2022:

  1. Bolivia (61.0 units)
  2. Uruguay (43.0 units)

Source: IndexBox Market Intelligence Platform

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