Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Belgium - 2023
Contents:
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Belgium (FOB) - 2023
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Belgium (CIF) - 2023
- Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Belgium
- Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Belgium
Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Belgium (FOB) - 2023
In August 2023, the average export price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more amounted to $291 per unit, increasing by 95% against the previous month. In general, export price indicated a notable increase from November 2022 to August 2023: its price increased at an average monthly rate of +4.9% over the last nine-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, export price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more decreased by -3.1% against June 2023 indices. The export price peaked at $301 per unit in June 2023; however, from July 2023 to August 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In August 2023, the highest price was recorded for prices to Portugal ($310 per unit) and Italy ($279 per unit), while the average price for exports to Spain ($229 per unit) and Luxembourg ($236 per unit) were amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.6%), 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 Belgium (CIF) - 2023
In August 2023, the average import price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more amounted to $200 per unit, surging by 29% against the previous month. Overall, import price indicated a prominent increase from November 2022 to August 2023: its price increased at an average monthly rate of +6.8% over the last nine months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more increased by +28.6% against July 2023 indices. The growth pace was the most rapid in February 2023 an increase of 31% against the previous month. Over the period under review, average import prices hit record highs in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Luxembourg ($248 per unit), while the price for the Netherlands ($114 per unit) was amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Luxembourg (+4.2%), 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 Belgium
In 2022, exports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more from Belgium fell to 513K units, dropping by -2.1% on the year before. In general, exports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 9.2%. Over the period under review, the exports of hit record highs at 774K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more declined significantly to $63M in 2022. Overall, exports recorded a precipitous slump. The smallest decline of -11.8% was in 2021. The exports peaked at $143M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 70.1 | 42.9 | 22.9 | 24.6 | -29.5% |
| Spain | N/A | 7.7 | 26.1 | 13.9 | 34.4% |
| Netherlands | 70.3 | 32.6 | 14.0 | 11.9 | -44.7% |
| Luxembourg | 0.4 | 0.5 | 3.8 | 5.9 | 145.2% |
| Italy | 1.6 | 1.9 | 4.1 | 3.7 | 32.2% |
| Portugal | N/A | 0.8 | 5.8 | 1.9 | 54.1% |
| Others | 0.7 | 1.7 | 1.1 | 1.2 | 19.7% |
| Total | 143 | 88.2 | 77.8 | 63.2 | -23.8% |
Top Export Markets for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More from Belgium in 2022:
- Luxembourg (223.4K units)
- Germany (113.2K units)
- Spain (72.3K units)
- Netherlands (72.1K units)
- Italy (16.1K units)
- Portugal (10.0K units)
Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Belgium
In 2022, purchases abroad of swine; live, (other than pure-bred breeding animals), weighing 50kg or more decreased by -36.6% to 260K units, falling for the second consecutive year after two years of growth. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 19%. As a result, imports attained the peak of 449K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more fell rapidly to $30M in 2022. Over the period under review, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2020 when imports increased by 11%. As a result, imports attained the peak of $63M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 49.1 | 50.5 | 37.2 | 18.3 | -28.0% |
| Netherlands | 6.7 | 9.4 | 5.7 | 10.1 | 14.7% |
| Luxembourg | N/A | 1.4 | 1.5 | 1.0 | -15.5% |
| Others | 0.7 | 1.8 | 3.0 | 0.9 | 8.7% |
| Total | 56.5 | 63.0 | 47.3 | 30.3 | -18.8% |
Top Suppliers of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More to Belgium in 2022:
- Netherlands (127.8K units)
- France (123.8K units)
- Luxembourg (6.6K units)
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