Price for Swine; Live, Pure-Bred Breeding Animals in Nigeria - 2022

Contents:

1. Price for Swine; Live, Pure-Bred Breeding Animals in Nigeria (CIF) - 2022
2. Imports of Swine; Live, Pure-Bred Breeding Animals in Nigeria

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

The average import price for swine; live, pure-bred breeding animalses stood at $236 per unit in 2022, which is down by -23.2% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 an increase of 88% against the previous year. Over the period under review, average import prices reached the maximum at $307 per unit in 2021, and then declined rapidly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($239 per unit), while the price for the UK ($233 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After two years of decline, purchases abroad of swine; live, pure-bred breeding animalses increased by 36% to 146 units in 2022. In general, imports, however, showed a noticeable contraction. Imports peaked at 155 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, swine; live, pure-bred breeding animals imports expanded modestly to $34K in 2022. Over the period under review, imports, however, showed a perceptible decline. Over the period under review, imports reached the peak figure at $39K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. South Africa (73.0 units)
2. United Kingdom (42.0 units)
3. Denmark (31.0 units)

Source: IndexBox Market Intelligence Platform