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

Contents:

  1. Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Canada (FOB) - 2024
  2. Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Canada (CIF) - 2024
  3. Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Canada
  4. Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Canada

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

The average export price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg stood at $38.1 per unit in January 2024, increasing by 3.4% against the previous month. Over the period under review, the export price, however, showed a noticeable descent. The most prominent rate of growth was recorded in October 2023 an increase of 11% against the previous month. Over the period under review, the average export prices hit record highs at $52.8 per unit in January 2023; however, from February 2023 to January 2024, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From January 2023 to January 2024, the rate of growth in terms of prices for the United States amounted to -2.7% per month.

Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Canada (CIF) - 2024

The average import price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg stood at $2,601 per unit in January 2024, with an increase of 7.5% against the previous month. In general, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 238% month-to-month. The import price peaked at $2,616 per unit in July 2023; afterwards, it flattened through to January 2024.

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

From January 2023 to January 2024, the rate of growth in terms of prices for the United States amounted to +15.5% per month.

Exports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Canada

In 2022, after three years of growth, there was decline in overseas shipments of swine; live, (other than pure-bred breeding animals), weighing less than 50kg, when their volume decreased by -2.5% to 5M units. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 15% against the previous year. As a result, the exports reached the peak of 5.1M units, and then shrank slightly in the following year.

In value terms, exports of swine; live, (other than pure-bred breeding animals), weighing less than 50kg expanded modestly to $231M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.1% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 55%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1891462272316.9%
OthersN/AN/AN/AN/A0%
Total1891462272316.9%

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

  1. United States (5.0M units)

Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Canada

In 2022, imports of swine; live, (other than pure-bred breeding animals), weighing less than 50kg into Canada rose sharply to 2.2K units, with an increase of 8.9% against the previous year's figure. In general, imports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 11% against the previous year. As a result, imports attained the peak of 3.7K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of swine; live, (other than pure-bred breeding animals), weighing less than 50kg rose sharply to $1.1M in 2022. Overall, imports, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 8%. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.61.71.01.1-11.7%
OthersN/AN/AN/AN/A0%
Total1.61.71.01.1-11.7%

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

  1. United States (2.2K units)

Source: IndexBox Market Intelligence Platform

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