Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Spain - 2023

Contents:

  1. Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Spain (CIF) - 2023
  2. Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Spain (FOB) - 2023
  3. Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Spain
  4. Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Spain

Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Spain (CIF) - 2023

The average import price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg stood at $97.0 per unit in November 2023, growing by 3.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.2%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 25% m-o-m. Over the period under review, average import prices reached the maximum at $121 per unit in June 2023; however, from July 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($130 per unit), while the price for Germany ($47.6 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.9%), 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 Spain (FOB) - 2023

In November 2023, the average export price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg amounted to $77.1 per unit, with a decrease of -12.5% against the previous month. Over the period under review, the export price, however, showed a moderate increase. The growth pace was the most rapid in June 2023 when the average export price increased by 87% month-to-month. Over the period under review, the average export prices attained the maximum at $105 per unit in September 2023; however, from October 2023 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($193 per unit), while the average price for exports to Portugal stood at $68.5 per unit.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+3.9%).

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

In 2022, approx. 2.3M units of swine; live, (other than pure-bred breeding animals), weighing less than 50kg were imported into Spain; with an increase of 21% compared with the previous year. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.6% 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 +70.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. 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 surged to $153M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.5% 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 +83.8% against 2019 indices. As a result, imports attained 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 Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands68.275.487.110314.7%
Denmark0.83.912.714.6163.3%
Belgium5.25.33.311.831.4%
Portugal4.47.916.611.738.5%
LuxembourgN/AN/AN/A5.70%
Germany3.64.22.94.25.3%
Others1.23.50.42.527.7%
Total83.410012315322.4%

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

  1. Netherlands (1593.9K units)
  2. Belgium (174.4K units)
  3. Denmark (174.2K units)
  4. Portugal (141.2K units)
  5. Germany (111.5K units)
  6. Luxembourg (68.1K units)

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

Exports of swine; live, (other than pure-bred breeding animals), weighing less than 50kg from Spain dropped markedly to 93K units in 2022, reducing by -24.4% compared with the year before. Overall, exports recorded a dramatic curtailment. The growth pace was the most rapid in 2021 when exports increased by 47%. Over the period under review, the exports of hit record highs at 259K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing less than 50kg dropped markedly to $5.3M in 2022. In general, exports faced a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 68%. Over the period under review, the exports of reached the maximum at $9.3M 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 Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal5.83.35.34.1-10.9%
BelgiumN/AN/A0.70.6-14.3%
Italy0.80.70.80.5-14.5%
Germany0.30.30.5N/A29.1%
Netherlands2.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total9.34.47.45.3-17.1%

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

  1. Portugal (86.9K units)
  2. Belgium (4.2K units)
  3. Italy (2.2K units)

Source: IndexBox Market Intelligence Platform

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