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

Contents:

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

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

The average import price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more stood at $181 per unit in September 2023, dropping by -11.8% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 an increase of 21% month-to-month. The import price peaked at $205 per unit in August 2023, and then dropped in the following month.

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

From December 2022 to September 2023, the rate of growth in terms of prices for Canada amounted to -0.1% per month.

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

The average export price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more stood at $190 per unit in September 2023, shrinking by -44% against the previous month. In general, the export price showed a deep setback. The growth pace was the most rapid in June 2023 an increase of 187% month-to-month. As a result, the export price attained the peak level of $568 per unit. From July 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($214 per unit), while the average price for exports to Ecuador amounted to $136 per unit.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was decline in overseas purchases of swine; live, (other than pure-bred breeding animals), weighing 50kg or more, when their volume decreased by -3.2% to 1.5M units. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 81%. As a result, imports attained the peak of 1.6M units, and then dropped in the following year.

In value terms, imports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more declined to $341M in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 203%. As a result, imports reached the peak of $343M, leveling off in the following year.

Import of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada12511334334139.7%
OthersN/AN/A0.1N/A0%
Total12511334334139.7%

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

  1. Canada (1.5M units)

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

In 2022, exports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more from the United States skyrocketed to 6K units, jumping by 42% on the year before. Over the period under review, exports, however, continue to indicate a abrupt decline. Over the period under review, the exports of reached the maximum at 12K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more expanded notably to $1.3M in 2022. Overall, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. As a result, the exports reached the peak of $3.3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico1,9721,912781664-30.4%
Japan261293294211-6.8%
ColombiaN/AN/A77.312359.1%
China5.5N/AN/A50.5109.4%
GuyanaN/AN/AN/A33.20%
GhanaN/AN/A4.522.5400.0%
ArgentinaN/AN/AN/A16.00%
VietnamN/A962N/AN/A0%
Others15217319.51714.0%
Total2,3913,3401,1761,291-18.6%

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

  1. Mexico (3418.0 units)
  2. Colombia (902.0 units)
  3. Guyana (657.0 units)
  4. Japan (282.0 units)
  5. Ghana (166.0 units)
  6. China (147.0 units)
  7. Argentina (117.0 units)

Source: IndexBox Market Intelligence Platform

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