Swine; Live Price in Colombia - 2022

Swine; Live Price in Colombia (CIF) - 2022

In 2022, the average swine; live import price amounted to $522 per unit, rising by 3.8% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 40% against the previous year. Over the period under review, average import prices reached the maximum at $864 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($998 per unit), while the price for the United States ($119 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+11.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Swine; Live Imports in Colombia

In 2022, swine; live imports into Colombia declined sharply to 604 units, shrinking by -40.5% on 2021. In general, imports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 347% against the previous year. Imports peaked at 2.5K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, swine; live imports dropped dramatically to $315K in 2022. Over the period under review, imports saw a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 325% against the previous year. Imports peaked at $1.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Swine; Live in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Canada	395	75.0	307	175	-23.8%
Denmark	418	43.1	76.6	50.6	-50.5%
United States	115	2.0	52.0	38.9	-30.3%
Others	429	N/A	74.5	51.2	-50.8%
Total	1,357	120	510	315	-38.5%