Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Serbia - 2024

Contents:

  1. Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Serbia (CIF) - 2024
  2. Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Serbia (FOB) - 2022
  3. Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Serbia
  4. Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Serbia

Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Serbia (CIF) - 2024

In January 2024, the average import price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg amounted to $112 per unit, standing approximately at the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in April 2023 an increase of 17% month-to-month. Over the period under review, average import prices attained the maximum at $148 per unit in July 2023; however, from August 2023 to January 2024, import prices remained at a lower figure.

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

From January 2023 to January 2024, the rate of growth in terms of prices for Denmark amounted to +1.2% per month.

Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Serbia (FOB) - 2022

In 2022, the average export price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg amounted to $65 per unit, approximately equating the previous year. Over the period under review, the export price, however, saw a slight shrinkage. The pace of growth appeared the most rapid in 2018 when the average export price increased by 36% against the previous year. The export price peaked at $77 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($66 per unit), while the average price for exports to Bosnia and Herzegovina stood at $49 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (-0.9%).

Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Serbia

Imports of swine; live, (other than pure-bred breeding animals), weighing less than 50kg into Serbia surged to 139K units in 2022, with an increase of 15% on the previous year. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 35%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of swine; live, (other than pure-bred breeding animals), weighing less than 50kg soared to $10M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark28.622.417.09,696597.3%
Netherlands18733833236625.1%
Germany1,8061,2481,176N/A-19.3%
Hungary320289352N/A4.9%
Croatia93.111867.1N/A-15.1%
Slovakia1,046334533N/A-28.6%
Others4,4784,4685,420N/A10.0%
Total7,9596,8177,89710,0628.1%

Top Suppliers of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg to Serbia in 2022:

  1. Denmark (132.6K units)
  2. Netherlands (6.0K units)

Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Serbia

In 2022, exports of swine; live, (other than pure-bred breeding animals), weighing less than 50kg from Serbia declined significantly to 4.6K units, waning by -41.7% against the previous year's figure. Over the period under review, exports showed a precipitous shrinkage. The smallest decline of -23.6% was in 2021. Over the period under review, the exports of reached the peak figure at 13K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing less than 50kg shrank markedly to $298K in 2022. Overall, exports showed a significant curtailment. The smallest decline of -23.6% was in 2021. The exports peaked at $874K 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 Less than 50kg in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro833654490288-29.8%
Bosnia and Herzegovina40.813.019.210.1-37.2%
OthersN/AN/A0.5N/A0%
Total874667510298-30.1%

Top Export Markets for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg from Serbia in 2022:

  1. Montenegro (4.4K units)
  2. Bosnia and Herzegovina (0.2K units)

Source: IndexBox Market Intelligence Platform

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