Swine; Live Price in Romania - 2023

Swine; Live Price in Romania (CIF) - 2023

In July 2023, the average swine; live import price amounted to $216 per unit, picking up by 2.1% against the previous month. In general, import price indicated temperate growth from July 2022 to July 2023: its price increased at an average monthly rate of +4.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, swine; live import price increased by +2.0% against April 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 19% against the previous month. Over the period under review, average import prices attained the peak figure in July 2023.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($318 per unit), while the price for Bulgaria ($146 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 Germany (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Swine; Live Price in Romania (FOB) - 2022

In 2022, the average swine; live export price amounted to $418 per unit, picking up by 184% against the previous year. In general, the export price showed a pronounced expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($1,227 per unit), while the average price for exports to Hungary amounted to $203 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+1,272.0%), while the prices for the other major destinations experienced more modest paces of growth.

Swine; Live Imports in Romania

In 2022, supplies from abroad of swine; live was finally on the rise to reach 1.2M units after two years of decline. Over the period under review, imports, however, recorded a noticeable decline. Over the period under review, imports hit record highs at 1.3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, swine; live imports reduced to $100M in 2022. Overall, imports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 0.4%. As a result, imports reached the peak of $121M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Swine; Live in Romania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hungary	53.6	46.8	37.5	35.7	-12.7%
Germany	34.8	36.4	32.1	25.1	-10.3%
Netherlands	14.1	17.4	17.8	22.1	16.2%
Denmark	7.6	13.1	18.6	11.3	14.1%
Slovakia	7.2	4.3	3.3	1.6	-39.4%
Others	3.6	3.3	4.5	4.5	7.7%
Total	121	121	114	100	-6.2%

Top Suppliers of Swine; Live to Romania in 2022:

Germany (398.5K units)
Netherlands (339.1K units)
Hungary (317.3K units)
Denmark (137.5K units)
Slovakia (20.0K units)

Swine; Live Exports in Romania

In 2022, shipments abroad of swine; live decreased by -62.5% to 319 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 14,867% against the previous year. The exports peaked at 850 units in 2021, and then declined markedly in the following year.

In value terms, swine; live exports rose sharply to $133K in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 29,950% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.