Swine; Live Price in Slovakia - 2023

Swine; Live Price in Slovakia (FOB) - 2023

In July 2023, the average swine; live export price amounted to $157 per unit, standing approximately at the previous month. Over the period under review, export price indicated measured growth from July 2022 to July 2023: its price increased at an average monthly rate of +3.8% 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 export price increased by +52.5% against October 2022 indices. The most prominent rate of growth was recorded in February 2023 an increase of 14% month-to-month. Over the period under review, the average export prices hit record highs at $158 per unit in June 2023, and then declined slightly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Romania ($335 per unit), while the average price for exports to Hungary ($146 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Swine; Live Price in Slovakia (CIF) - 2023

In July 2023, the average swine; live import price amounted to $163 per unit, approximately reflecting the previous month. In general, import price indicated perceptible growth from July 2022 to July 2023: its price increased at an average monthly rate of +3.8% 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 decreased by -4.1% against May 2023 indices. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 21% month-to-month. Over the period under review, average import prices attained the maximum at $170 per unit in May 2023; however, from June 2023 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Denmark ($384 per unit), while the price for Hungary ($137 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 (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Swine; Live Exports in Slovakia

In 2022, the amount of swine; live exported from Slovakia dropped sharply to 471K units, waning by -31.3% on 2021. Overall, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 19%. The exports peaked at 702K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, swine; live exports shrank to $59M in 2022. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 0.1%. The exports peaked at $73M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Swine; Live in Slovakia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hungary	53.5	50.1	45.9	53.0	-0.3%
Poland	10.3	8.5	5.9	2.0	-42.1%
Czech Republic	0.2	2.2	2.3	1.6	100.0%
Romania	7.9	2.2	7.5	0.9	-51.5%
Netherlands	N/A	N/A	2.1	0.1	-95.2%
Others	1.0	1.4	0.7	1.2	6.3%
Total	72.9	64.4	64.5	58.7	-7.0%

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

Hungary (414.6K units)
Czech Republic (15.9K units)
Poland (14.7K units)
Romania (11.1K units)
Netherlands (1.2K units)

Swine; Live Imports in Slovakia

In 2022, approx. 189K units of swine; live were imported into Slovakia; with a decrease of -12.7% on 2021 figures. Overall, imports faced a deep setback. The smallest decline of -6% was in 2020. Imports peaked at 287K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, swine; live imports rose modestly to $34M in 2022. In general, imports recorded a drastic downturn. Imports peaked at $48M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Swine; Live in Slovakia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Czech Republic	19.8	19.7	15.1	16.2	-6.5%
Denmark	1.3	2.6	1.5	5.5	61.7%
Hungary	6.4	4.7	4.8	5.2	-6.7%
Poland	10.6	9.2	3.8	4.9	-22.7%
Netherlands	2.5	2.2	4.0	0.9	-28.9%
Others	7.6	7.3	3.8	1.7	-39.3%
Total	48.1	45.7	32.9	34.4	-10.6%