Swine; Live Price in Brazil - 2023

Contents:

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

Swine; Live Price in Brazil (CIF) - 2022

In 2022, the average swine; live import price amounted to $1,799 per unit, falling by -9.6% against the previous year. In general, the import price, however, recorded resilient growth. The pace of growth appeared the most rapid in 2016 an increase of 74% against the previous year. The import price peaked at $2,610 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 France ($5,741 per unit), while the price for the United States ($1,284 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Swine; Live Price in Brazil (FOB) - 2022

The average swine; live export price stood at $510 per unit in 2022, which is down by -66.1% against the previous year. In general, the export price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2017 an increase of 333% against the previous year. Over the period under review, the average export prices reached the maximum at $1,503 per unit in 2021, and then dropped significantly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($515 per unit), while the average price for exports to Paraguay amounted to $499 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+15.3%), while the prices for the other major destinations experienced mixed trend patterns.

Swine; Live Imports in Brazil

For the fourth consecutive year, Brazil recorded growth in purchases abroad of swine; live, which increased by 9.8% to 3.5K units in 2022. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 46%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, swine; live imports declined slightly to $6.2M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. As a result, imports attained the peak of $6.3M, leveling off in the following year.

Top Suppliers of Swine; Live to Brazil in 2022:

1. United States (1905.0 units)
2. Canada (748.0 units)
3. Denmark (578.0 units)
4. Norway (162.0 units)
5. France (60.0 units)

Swine; Live Exports in Brazil

In 2022, approx. 3.2K units of swine; live were exported from Brazil; surging by 12% against the previous year. Over the period under review, exports, however, faced a dramatic contraction. The exports peaked at 8.8K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, swine; live exports dropped significantly to $1.6M in 2022. In general, exports, however, continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 11%. The exports peaked at $6.5M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. Paraguay (2.8K units)
2. Bolivia (0.4K units)

Source: IndexBox Market Intelligence Platform