Swine; Live Price in Luxembourg - 2023
Contents:
- Swine; Live Price in Luxembourg (FOB) - 2023
- Swine; Live Price in Luxembourg (CIF) - 2023
- Swine; Live Exports in Luxembourg
- Swine; Live Imports in Luxembourg
Swine; Live Price in Luxembourg (FOB) - 2023
In August 2023, the average swine; live export price amounted to $108 per unit, shrinking by -49.5% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 173% against the previous month. As a result, the export price attained the peak level of $279 per unit. From July 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In August 2023, the country with the highest price was Italy ($116 per unit), while the average price for exports to Germany ($101 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.
Swine; Live Price in Luxembourg (CIF) - 2023
The average swine; live import price stood at $129 per unit in July 2023, rising by 2.2% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 19% month-to-month. As a result, import price reached the peak level of $144 per unit. From February 2023 to July 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($140 per unit), while the price for Belgium ($113 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Swine; Live Exports in Luxembourg
In 2022, shipments abroad of swine; live decreased by -14.1% to 44K units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, the exports reached the peak of 53K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, swine; live exports shrank markedly to $9.2M in 2022. Overall, total exports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. As a result, the exports reached the peak of $15M, and then contracted markedly in the following year.
| Export of Swine; Live in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.2 | 4.9 | 2.6 | 2.9 | -22.4% |
| Spain | N/A | 0.9 | 3.3 | 2.3 | 59.9% |
| Italy | 0.7 | 1.8 | 1.9 | 2.1 | 44.2% |
| Belgium | 0.2 | 1.7 | 1.8 | 1.0 | 71.0% |
| Brazil | 0.5 | N/A | 0.7 | 0.7 | 11.9% |
| Netherlands | 0.8 | 0.2 | 0.1 | 0.1 | -50.0% |
| Thailand | N/A | 1.1 | 1.8 | N/A | 63.6% |
| Others | 0.2 | 0.2 | 2.4 | 0.1 | -20.6% |
| Total | 8.7 | 10.8 | 14.7 | 9.2 | 1.9% |
Top Export Markets for Swine; Live from Luxembourg in 2022:
- Germany (13.9K units)
- Spain (11.3K units)
- Italy (9.9K units)
- Belgium (5.4K units)
- Brazil (3.2K units)
- Netherlands (0.7K units)
Swine; Live Imports in Luxembourg
In 2022, purchases abroad of swine; live decreased by -12.4% to 86K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 when imports increased by 3.7% against the previous year. As a result, imports attained the peak of 98K units, and then reduced in the following year.
In value terms, swine; live imports reduced remarkably to $6.3M in 2022. Overall, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2020 when imports increased by 10%. As a result, imports attained the peak of $8.3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Swine; Live in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4.2 | 4.7 | 4.1 | 3.4 | -6.8% |
| Germany | 2.5 | 2.2 | 2.1 | 1.3 | -19.6% |
| Belgium | 0.6 | 0.8 | 0.5 | 0.9 | 14.5% |
| Others | 0.2 | 0.6 | 0.7 | 0.7 | 51.8% |
| Total | 7.5 | 8.3 | 7.4 | 6.3 | -5.6% |
Top Suppliers of Swine; Live to Luxembourg in 2022:
- Netherlands (53.8K units)
- Germany (16.5K units)
- Belgium (7.4K units)
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