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

Contents:

1. Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Denmark (FOB) - 2023
2. Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Denmark (CIF) - 2022
3. Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Denmark
4. Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Denmark

Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Denmark (FOB) - 2023

In September 2023, the average export price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more amounted to $222 per unit, which is down by -4.5% against the previous month. Over the last nine-month period, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 15% against the previous month. Over the period under review, the average export prices reached the peak figure at $247 per unit in June 2023; however, from July 2023 to September 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Canada ($4,261 per unit), while the average price for exports to Ukraine ($501 per unit) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+36.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Denmark (CIF) - 2022

The average import price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more stood at $207 per unit in 2022, rising by 9.9% against the previous year. Over the period under review, the import price posted prominent growth. The most prominent rate of growth was recorded in 2021 an increase of 60% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($210 per unit), while the price for Ireland ($190 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Denmark

In 2022, approx. 519K units of swine; live, (other than pure-bred breeding animals), weighing 50kg or more were exported from Denmark; rising by 33% compared with the year before. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +26.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +103.7% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 58% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more fell modestly to $78M in 2022. The total export value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 48%. As a result, the exports reached the peak of $100M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Poland (261.4K units)
2. Germany (128.8K units)
3. Spain (72.5K units)
4. Belgium (23.2K units)
5. Italy (15.5K units)
6. France (4.7K units)

Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Denmark

In 2022, imports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more into Denmark skyrocketed to 19K units, rising by 257% compared with 2021. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 535% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more soared to $4M in 2022. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 328% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Germany (16.3K units)
2. Netherlands (2.0K units)
3. Ireland (0.8K units)

Source: IndexBox Market Intelligence Platform