Swine; Live Price in Uruguay - 2022

Swine; Live Price in Uruguay (CIF) - 2022

In 2022, the average swine; live import price amounted to $1,286 per unit, surging by 72% against the previous year. Overall, the import price enjoyed pronounced growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to -0.1% per year.

Swine; Live Price in Uruguay (FOB) - 2022

In 2022, the average swine; live export price amounted to $1,413 per unit, with a decrease of -6.1% against the previous year. Over the period under review, the export price, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2013 an increase of 91%. Over the period under review, the average export prices reached the maximum at $1,504 per unit in 2021, and then dropped in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($1,906 per unit), while the average price for exports to Bolivia totaled $1,358 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+66.9%), while the prices for the other major destinations experienced more modest paces of growth.

Swine; Live Imports in Uruguay

After three years of growth, purchases abroad of swine; live decreased by -66% to 49 units in 2022. Over the period under review, imports faced a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. As a result, imports attained the peak of 144 units, and then fell dramatically in the following year.

In value terms, swine; live imports reduced remarkably to $63K in 2022. In general, imports faced a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 53% against the previous year. As a result, imports reached the peak of $107K, and then fell notably in the following year.

Import of Swine; Live in Uruguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	55.6	46.1	74.0	63.0	4.3%
Argentina	34.8	24.2	33.3	N/A	-2.2%
Others	N/A	N/A	N/A	N/A	0%
Total	90.4	70.3	107	63.0	-11.3%

Top Suppliers of Swine; Live to Uruguay in 2022:

Brazil (49.0 units)

Swine; Live Exports in Uruguay

In 2022, shipments abroad of swine; live increased by 5.3% to 40 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt shrinkage. Over the period under review, the exports reached the maximum at 47 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, swine; live exports contracted to $57K in 2022. The total export value increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 2.3%. The exports peaked at $57K in 2021, and then contracted modestly in the following year.