Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Kuwait - 2022

Contents:

1. Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Kuwait (CIF) - 2022
2. Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Kuwait (FOB) - 2022
3. Imports of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Kuwait
4. Exports of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Kuwait

Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Kuwait (CIF) - 2022

The average import price for horses, asses, mules and hinnies; live, other than pure-bred breeding animalses stood at $2,629 per unit in 2022, which is down by -10.5% against the previous year. Overall, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2015 when the average import price increased by 177% against the previous year. Over the period under review, average import prices hit record highs at $6,757 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($20,114 per unit), while the price for Qatar ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.9%), while the prices for the other major suppliers experienced a decline.

Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Kuwait (FOB) - 2022

In 2022, the average export price for horses, asses, mules and hinnies; live, other than pure-bred breeding animalses amounted to $2,984 per unit, approximately mirroring the previous year. In general, the export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 11,882% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($10,055 per unit), while the average price for exports to Saudi Arabia ($380 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+32.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Kuwait

In 2022, supplies from abroad of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses decreased by -10% to 9 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 11%. As a result, imports attained the peak of 10 units, and then contracted in the following year.

In value terms, imports of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses shrank sharply to $24K in 2022. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 175% against the previous year. Over the period under review, imports of attained the peak figure at $29K in 2021, and then declined dramatically in the following year.

Top Suppliers of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals to Kuwait in 2022:

1. United States (1.0 units)
2. Saudi Arabia (1.0 units)
3. Netherlands (1.0 units)
4. Egypt (1.0 units)
5. United Arab Emirates (1.0 units)
6. Qatar (1.0 units)
7. France (1.0 units)
8. United Kingdom (1.0 units)
9. Germany (1.0 units)

Exports of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Kuwait

In 2022, exports of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses from Kuwait declined dramatically to 5 units, reducing by -50% compared with 2021. Overall, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 100%. As a result, the exports reached the peak of 10 units, and then declined remarkably in the following year.

In value terms, exports of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses shrank significantly to $15K in 2022. In general, exports, however, posted pronounced growth. The most prominent rate of growth was recorded in 2021 when exports increased by 23,864% against the previous year. As a result, the exports attained the peak of $30K, and then dropped significantly in the following year.

Top Export Markets for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals from Kuwait in 2022:

1. Saudi Arabia (2.0 units)
2. United Arab Emirates (1.0 units)
3. Germany (1.0 units)
4. Qatar (1.0 units)

Source: IndexBox Market Intelligence Platform