Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Thailand - 2024

Contents:

  1. Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Thailand (FOB) - 2024
  2. Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Thailand

Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Thailand (FOB) - 2024

The average export price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more stood at $149 per unit in September 2023, waning by -6.9% against the previous month. Overall, the export price showed a slight setback. The most prominent rate of growth was recorded in August 2023 an increase of 1.6% month-to-month. The export price peaked at $162 per unit in February 2023; however, from March 2023 to September 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In September 2023, the country with the highest price was Lao People's Democratic Republic ($155 per unit), while the average price for exports to Myanmar amounted to $148 per unit.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (0.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, shipments abroad of swine; live, (other than pure-bred breeding animals), weighing 50kg or more decreased by 99.9% to 175 units, falling for the second consecutive year after two years of growth. Overall, exports recorded a sharp reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 1,245% against the previous year. As a result, the exports attained the peak of 1.3M units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more dropped sharply to $26K in 2022. Over the period under review, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 1,434% against the previous year. As a result, the exports attained the peak of $331M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
VietnamN/A75.372.4N/A-3.9%
Cambodia17.223489.7N/A128.4%
Myanmar0.510.215.1N/A449.5%
Lao People's Democratic Republic3.911.62.9N/A-13.8%
OthersN/AN/AN/AN/A0%
Total21.6331180N/A188.7%

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

  1. Myanmar (175.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Swine; live, (other than pure-bred breeding animals), weighing 50kg or more - Thailand