Price for Swine; Live, Pure-Bred Breeding Animals in Norway - 2023

Contents:

1. Price for Swine; Live, Pure-Bred Breeding Animals in Norway (FOB) - 2023
2. Price for Swine; Live, Pure-Bred Breeding Animals in Norway (CIF) - 2022
3. Exports of Swine; Live, Pure-Bred Breeding Animals in Norway
4. Imports of Swine; Live, Pure-Bred Breeding Animals in Norway

Price for Swine; Live, Pure-Bred Breeding Animals in Norway (FOB) - 2023

In September 2023, the average export price for swine; live, pure-bred breeding animalses amounted to $1,925 per unit, with an increase of 70% against the previous month. In general, export price indicated a resilient increase from September 2022 to September 2023: its price increased at an average monthly rate of +8.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, swine; live, pure-bred breeding animals export price increased by +70.2% against August 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 193% month-to-month. The export price peaked at $2,241 per unit in February 2023; afterwards, it flattened through to September 2023.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Estonia ($3,989 per unit), while the average price for exports to the Netherlands ($1,630 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Swine; Live, Pure-Bred Breeding Animals in Norway (CIF) - 2022

In 2022, the average import price for swine; live, pure-bred breeding animalses amounted to $3,319 per unit, declining by -3.5% against the previous year. Over the period under review, the import price, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 21%. As a result, import price reached the peak level of $3,438 per unit, and then fell modestly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +9.4% per year.

Exports of Swine; Live, Pure-Bred Breeding Animals in Norway

After three years of growth, overseas shipments of swine; live, pure-bred breeding animalses decreased by -15.3% to 1.2K units in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +19.1% 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 +69.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 48%. Over the period under review, the exports reached the maximum at 1.4K units in 2021, and then dropped significantly in the following year.

In value terms, swine; live, pure-bred breeding animals exports shrank dramatically to $1.7M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 43%. The exports peaked at $2.2M in 2021, and then reduced notably in the following year.

Top Export Markets for Swine; Live, Pure-Bred Breeding Animals from Norway in 2022:

1. Netherlands (854.0 units)
2. Sweden (174.0 units)
3. Finland (62.0 units)
4. United Kingdom (35.0 units)
5. Russia (28.0 units)
6. Cyprus (27.0 units)

Imports of Swine; Live, Pure-Bred Breeding Animals in Norway

In 2022, the amount of swine; live, pure-bred breeding animalses imported into Norway stood at 8 units, approximately reflecting the previous year's figure. Over the period under review, imports recorded a abrupt slump. The smallest decline of -10% was in 2020. Imports peaked at 10 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, swine; live, pure-bred breeding animals imports fell slightly to $27K in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 7.4%. As a result, imports reached the peak of $28K, and then reduced modestly in the following year.

Top Suppliers of Swine; Live, Pure-Bred Breeding Animals to Norway in 2022:

1. Sweden (8.0 units)

Source: IndexBox Market Intelligence Platform