Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Hungary - 2023
Contents:
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Hungary (CIF) - 2023
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Hungary (FOB) - 2023
- Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Hungary
- Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Hungary
Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Hungary (CIF) - 2023
In August 2023, the average import price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more amounted to $245 per unit, waning by -5.2% against the previous month. Over the last nine-month period, it increased at an average monthly rate of +3.4%. The most prominent rate of growth was recorded in February 2023 an increase of 17% m-o-m. Over the period under review, average import prices attained the maximum at $264 per unit in June 2023; however, from July 2023 to August 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the highest price was recorded for prices from the Czech Republic ($278 per unit) and Croatia ($273 per unit), while the price for Germany ($227 per unit) and Slovakia ($260 per unit) were amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Hungary (FOB) - 2023
The average export price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more stood at $244 per unit in September 2023, rising by 8.8% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in June 2023 an increase of 11% against the previous month. As a result, the export price reached the peak level of $257 per unit. From July 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In September 2023, the country with the highest price was Moldova ($259 per unit), while the average price for exports to Albania stood at $194 per unit.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Hungary
After three years of growth, supplies from abroad of swine; live, (other than pure-bred breeding animals), weighing 50kg or more decreased by -2.2% to 488K units in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 69%. Over the period under review, imports of reached the peak figure at 498K units in 2021, and then contracted in the following year.
In value terms, imports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more rose remarkably to $86M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 68%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 7.1 | 34.1 | 37.6 | 41.7 | 80.4% |
| Slovakia | 37.8 | 39.6 | 33.8 | 34.2 | -3.3% |
| Czech Republic | 3.4 | 6.6 | 4.7 | 7.3 | 29.0% |
| Germany | N/A | 1.7 | 0.2 | 2.5 | 21.3% |
| Others | 1.2 | 1.1 | 0.3 | 0.1 | -56.3% |
| Total | 49.5 | 83.1 | 76.4 | 85.8 | 20.1% |
Top Suppliers of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More to Hungary in 2022:
- Croatia (213.2K units)
- Slovakia (200.6K units)
- Czech Republic (39.6K units)
- Germany (33.6K units)
Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Hungary
In 2022, shipments abroad of swine; live, (other than pure-bred breeding animals), weighing 50kg or more decreased by -9.7% to 228K units, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a deep downturn. The growth pace was the most rapid in 2020 with an increase of 0.6% against the previous year. As a result, the exports reached the peak of 296K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more rose remarkably to $40M in 2022. In general, exports showed a deep setback. The exports peaked at $50M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 33.5 | 33.1 | 26.2 | 26.5 | -7.5% |
| Albania | 0.6 | 0.7 | 1.6 | 3.9 | 86.6% |
| Austria | 7.7 | 6.0 | 2.9 | 3.5 | -23.1% |
| Netherlands | 1.5 | 1.4 | 2.2 | 2.2 | 13.6% |
| Slovakia | 4.9 | 2.8 | 2.0 | 1.5 | -32.6% |
| Italy | 1.0 | 1.1 | 2.1 | 1.3 | 9.1% |
| Moldova | N/A | N/A | N/A | 1.2 | 0% |
| Others | 0.3 | 0.3 | N/A | 0.2 | -12.6% |
| Total | 49.6 | 45.2 | 37.0 | 40.2 | -6.8% |
Top Export Markets for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More from Hungary in 2022:
- Romania (150.1K units)
- Albania (24.4K units)
- Austria (20.0K units)
- Netherlands (12.0K units)
- Italy (7.5K units)
- Slovakia (7.5K units)
- Moldova (5.5K units)
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