Swine; Live Price in Indonesia - 2022

Swine; Live Price in Indonesia (FOB) - 2022

In March 2022, the average swine; live export price amounted to $171 per unit, almost unchanged from the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in February 2022 an increase of 26% month-to-month. As a result, the export price attained the peak level of $171 per unit, leveling off in the following month.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From March 2021 to March 2022, the rate of growth in terms of prices for Singapore amounted to +1.5% per month.

Swine; Live Exports in Indonesia

In 2022, shipments abroad of swine; live decreased by -35.3% to 211K units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. As a result, the exports attained the peak of 427K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, swine; live exports dropped notably to $44M in 2022. In general, exports saw a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, the exports reached the peak of $75M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.