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

Contents:

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

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

In 2022, the average import price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg amounted to $143 per unit, surging by 9.9% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg increased by +106.7% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 33%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($182 per unit), while the price for Ireland amounted to $108 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+2.5%).

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

In 2022, the average export price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg amounted to $90 per unit, with an increase of 147% against the previous year. Overall, the export price enjoyed a slight increase. The export price peaked at $106 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +9.1% per year.

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

In 2022, the amount of swine; live, (other than pure-bred breeding animals), weighing less than 50kg imported into the UK reached 26K units, increasing by 2.3% compared with the previous year. Over the period under review, imports, however, saw a deep setback. The growth pace was the most rapid in 2020 with an increase of 6.9%. As a result, imports reached the peak of 44K 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 rose rapidly to $3.8M in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 26%. As a result, imports reached the peak of $4.8M. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. Ireland (14.3K units)
2. Denmark (11.9K units)

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

In 2022, overseas shipments of swine; live, (other than pure-bred breeding animals), weighing less than 50kg decreased by -99.5% to 65 units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a significant curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 186%. As a result, the exports attained the peak of 13K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing less than 50kg declined sharply to $5.8K in 2022. In general, exports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 94% against the previous year. As a result, the exports reached the peak of $968K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Italy (65.0 units)

Source: IndexBox Market Intelligence Platform