Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Hungary - 2023
Contents:
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Hungary (CIF) - 2023
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Hungary (FOB) - 2023
- Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Hungary
- Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Hungary
Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Hungary (CIF) - 2023
The average import price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg stood at $108 per unit in October 2023, reducing by -3.2% against the previous month. Over the period under review, import price indicated a measured increase from October 2022 to October 2023: its price increased at an average monthly rate of +4.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg decreased by -13.9% against June 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 14% m-o-m. Over the period under review, average import prices hit record highs at $125 per unit in June 2023; however, from July 2023 to October 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Denmark ($110 per unit), while the price for Slovakia ($104 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), 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 Less than 50kg in Hungary (FOB) - 2023
In November 2023, the average export price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg amounted to $104 per unit, which is down by -3.5% against the previous month. Overall, export price indicated a temperate expansion from November 2022 to November 2023: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg decreased by -19.7% against July 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 19% against the previous month. Over the period under review, the average export prices reached the peak figure at $130 per unit in July 2023; however, from August 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Serbia ($118 per unit), while the average price for exports to Spain ($76.1 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+6.9%), 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 Less than 50kg in Hungary
In 2022, supplies from abroad of swine; live, (other than pure-bred breeding animals), weighing less than 50kg decreased by -31.4% to 399K units, falling for the second consecutive year after two years of growth. In general, imports faced a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 1.1%. As a result, imports reached the peak of 655K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of swine; live, (other than pure-bred breeding animals), weighing less than 50kg dropped remarkably to $24M in 2022. Over the period under review, imports showed a dramatic downturn. The smallest decline of -4.9% was in 2020. Imports peaked at $52M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 36.2 | 37.8 | 24.2 | 10.3 | -34.2% |
| Slovakia | 5.4 | 5.5 | 8.3 | 10.3 | 24.0% |
| Denmark | 5.6 | 2.9 | 0.2 | 1.8 | -31.5% |
| Czech Republic | 3.5 | 1.9 | 1.1 | 1.2 | -30.0% |
| Netherlands | N/A | N/A | 0.1 | 0.7 | 600.0% |
| Others | 0.8 | 0.9 | N/A | N/A | 12.5% |
| Total | 51.5 | 49.0 | 33.8 | 24.2 | -22.3% |
Top Suppliers of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg to Hungary in 2022:
- Germany (180.9K units)
- Slovakia (165.3K units)
- Denmark (23.9K units)
- Czech Republic (20.1K units)
- Netherlands (8.9K units)
Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Hungary
In 2022, overseas shipments of swine; live, (other than pure-bred breeding animals), weighing less than 50kg increased by 58% to 243K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +5.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing less than 50kg soared to $17M in 2022. Overall, total exports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 5.4 | 5.3 | 3.5 | 9.9 | 22.4% |
| Netherlands | 5.8 | 3.2 | 4.6 | 2.6 | -23.5% |
| Moldova | 1.1 | 0.3 | 0.5 | 2.1 | 24.1% |
| Croatia | 0.8 | 1.1 | 0.1 | 0.9 | 4.0% |
| Austria | 0.2 | 0.3 | 0.6 | 0.5 | 35.7% |
| Albania | 0.2 | N/A | N/A | 0.2 | 0.0% |
| Germany | 1.2 | N/A | 0.1 | 0.2 | -45.0% |
| Serbia | N/A | 1.0 | N/A | N/A | 0% |
| Others | 1.0 | 0.6 | 0.2 | 0.2 | -41.5% |
| Total | 15.6 | 11.8 | 9.6 | 16.6 | 2.1% |
Top Export Markets for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg from Hungary in 2022:
- Romania (145.3K units)
- Netherlands (40.2K units)
- Moldova (27.6K units)
- Croatia (14.0K units)
- Austria (5.7K units)
- Albania (4.5K units)
- Germany (3.0K units)
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