Swine; Live Price in China - 2023

Contents:

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

Swine; Live Price in China (FOB) - 2022

China has no trade partners to describe.

Swine; Live Price in China (CIF) - 2022

In 2022, the average swine; live import price amounted to $385 per unit, declining by -2.7% against the previous year. Overall, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 55%. As a result, import price reached the peak level of $1,970 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($407 per unit), while the price for France ($360 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.6%), while the prices for the other major suppliers experienced a decline.

Swine; Live Exports in China

In 2022, shipments abroad of swine; live decreased by -61.7% to 1.1M units, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. As a result, the exports attained the peak of 3M units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, swine; live exports shrank to $454M in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 31%. As a result, the exports reached the peak of $521M. From 2021 to 2022, the growth of the exports remained at a lower figure.

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

Swine; Live Imports in China

In 2022, supplies from abroad of swine; live decreased by -31.7% to 99K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 4,636%. Over the period under review, imports reached the peak figure at 146K units in 2021, and then fell notably in the following year.

In value terms, swine; live imports shrank sharply to $38M in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 2,104% against the previous year. As a result, imports attained the peak of $67M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Swine; Live to China in 2022:

1. United States (41.8K units)
2. France (39.2K units)
3. Denmark (18.4K units)

Source: IndexBox Market Intelligence Platform