Swine; Live Price in Venezuela - 2022

Contents:

1. Swine; Live Price in Venezuela (CIF) - 2022
2. Swine; Live Imports in Venezuela

Swine; Live Price in Venezuela (CIF) - 2022

The average swine; live import price stood at $404 per unit in 2022, shrinking by -13.7% against the previous year. In general, the import price saw a noticeable decrease. The pace of growth was the most pronounced in 2020 when the average import price increased by 54% against the previous year. The import price peaked at $731 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($421 per unit), while the price for the United States amounted to $71 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (-9.6%).

Swine; Live Imports in Venezuela

In 2022, purchases abroad of swine; live decreased by -1.8% to 1.6K units, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 17% against the previous year. As a result, imports attained the peak of 1.7K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, swine; live imports fell notably to $667K in 2022. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 79% against the previous year. Over the period under review, imports attained the maximum at $788K in 2021, and then plummeted in the following year.

Top Suppliers of Swine; Live to Venezuela in 2022:

1. Spain (1572.0 units)
2. United States (78.0 units)

Source: IndexBox Market Intelligence Platform