Swine; Live Price in Denmark - 2023

Contents:

1. Swine; Live Price in Denmark (FOB) - 2023
2. Swine; Live Price in Denmark (CIF) - 2022
3. Swine; Live Exports in Denmark
4. Swine; Live Imports in Denmark

Swine; Live Price in Denmark (FOB) - 2023

In August 2023, the average swine; live export price amounted to $253 per unit, standing approximately at the previous month. Over the period under review, the export price, however, posted a prominent expansion. The pace of growth was the most pronounced in December 2022 an increase of 43% month-to-month. Over the period under review, the average export prices attained the peak figure at $257 per unit in April 2023; however, from May 2023 to August 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In August 2023, the countries with the highest prices were Spain ($290 per unit) and Italy ($272 per unit), while the average price for exports to Poland ($230 per unit) and Croatia ($243 per unit) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Swine; Live Price in Denmark (CIF) - 2022

In 2022, the average swine; live import price amounted to $47 per unit, dropping by -27.5% against the previous year. Overall, the import price recorded a significant decline. The most prominent rate of growth was recorded in 2016 an increase of 94% against the previous year. The import price peaked at $1,046 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($70 per unit), while the price for France ($1.4 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+19.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Swine; Live Exports in Denmark

In 2022, exports of swine; live from Denmark expanded modestly to 16M units, picking up by 4.6% on the year before. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, swine; live exports dropped to $960M in 2022. Overall, exports, however, saw a drastic downturn. The smallest decline of -0.7% was in 2020. The exports peaked at $1.3B in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Swine; Live from Denmark in 2022:

1. Poland (7.0M units)
2. Germany (7.0M units)
3. Italy (0.7M units)
4. Netherlands (0.4M units)
5. Croatia (0.4M units)
6. Spain (0.3M units)

Swine; Live Imports in Denmark

In 2022, the amount of swine; live imported into Denmark surged to 15K units, growing by 65% against 2021. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, swine; live imports surged to $710K in 2022. Over the period under review, imports, however, continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2020 with an increase of 45%. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Swine; Live to Denmark in 2022:

1. Germany (10.0K units)
2. France (4.9K units)

Source: IndexBox Market Intelligence Platform