Swine; Live Price in the Philippines - 2022

Swine; Live Price in the Philippines (CIF) - 2022

In June 2022, the average swine; live import price amounted to $1,555 per unit, almost unchanged from the previous month. In general, the import price enjoyed a buoyant increase. The import price peaked in June 2022.

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

From February 2022 to June 2022, the rate of growth in terms of prices for Denmark amounted to +16.4% per month.

Swine; Live Imports in the Philippines

After two years of decline, supplies from abroad of swine; live increased by 474% to 3.3K units in 2022. In general, imports, however, showed a drastic downturn. Imports peaked at 4K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, swine; live imports soared to $3.1M in 2022. Over the period under review, imports, however, continue to indicate a noticeable curtailment. Over the period under review, imports attained the peak figure at $3.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Swine; Live in the Philippines (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	0.4	N/A	N/A	3.1	97.9%
United States	0.1	N/A	N/A	N/A	0%
Netherlands	0.2	N/A	0.5	N/A	58.1%
Canada	2.7	1.5	0.2	N/A	-72.8%
Others	0.1	N/A	N/A	N/A	0%
Total	3.5	1.5	0.7	3.1	-4.0%