Price for Horses; Live, Pure-Bred Breeding Animals in Belgium - 2023

Contents:

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

Price for Horses; Live, Pure-Bred Breeding Animals in Belgium (FOB) - 2022

The average export price for horses; live, pure-bred breeding animalses stood at $11,853 per unit in 2022, which is down by -33.1% against the previous year. Over the period under review, the export price recorded a significant decline. The pace of growth appeared the most rapid in 2018 an increase of 450%. Over the period under review, the average export prices hit record highs at $214,196 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($65,706 per unit), while the average price for exports to Morocco ($205 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 the United States (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Horses; Live, Pure-Bred Breeding Animals in Belgium (CIF) - 2022

In 2022, the average import price for horses; live, pure-bred breeding animalses amounted to $277 per unit, dropping by -84.5% against the previous year. In general, the import price faced a precipitous contraction. The pace of growth was the most pronounced in 2018 an increase of 3,455%. As a result, import price attained the peak level of $178,923 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,926 per unit), while the price for Switzerland ($280 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.4%), while the prices for the other major suppliers experienced a decline.

Exports of Horses; Live, Pure-Bred Breeding Animals in Belgium

For the fourth consecutive year, Belgium recorded growth in overseas shipments of horses; live, pure-bred breeding animalses, which increased by 69% to 3.7K units in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 149%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, horses; live, pure-bred breeding animals exports rose remarkably to $44M in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Horses; Live, Pure-Bred Breeding Animals in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland5.55.70.78.817.0%
France5.97.32.57.47.8%
United StatesN/A3.210.54.721.2%
Netherlands3.23.54.54.612.9%
Sweden0.30.81.23.4124.6%
Switzerland2.51.70.73.39.7%
Czech Republic0.32.75.42.294.3%
Saudi ArabiaN/AN/A1.70.6-64.7%
Libya0.40.10.90.57.7%
IsraelN/AN/AN/A0.50%
MoroccoN/AN/AN/A0.50%
AlgeriaN/AN/AN/A0.10%
Others23.216.910.46.9-33.2%
Total41.441.938.543.51.7%

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

  1. Morocco (2223.0 units)
  2. France (1948.0 units)
  3. Libya (839.0 units)
  4. Switzerland (809.0 units)
  5. Czech Republic (767.0 units)
  6. Netherlands (369.0 units)
  7. Algeria (213.0 units)
  8. Sweden (203.0 units)
  9. United States (183.0 units)
  10. Israel (158.0 units)
  11. Ireland (134.0 units)
  12. Saudi Arabia (121.0 units)

Imports of Horses; Live, Pure-Bred Breeding Animals in Belgium

For the fourth year in a row, Belgium recorded growth in supplies from abroad of horses; live, pure-bred breeding animalses, which increased by 851% to 100K units in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, horses; live, pure-bred breeding animals imports surged to $28M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Horses; Live, Pure-Bred Breeding Animals in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4.43.84.04.61.5%
Netherlands4.23.74.84.52.3%
Germany2.62.92.83.16.0%
Switzerland0.60.70.60.810.1%
Others8.66.76.714.819.8%
Total20.417.918.827.710.7%

Top Suppliers of Horses; Live, Pure-Bred Breeding Animals to Belgium in 2022:

  1. Netherlands (14.0K units)
  2. France (9.0K units)
  3. Switzerland (2.9K units)
  4. Germany (1.6K units)

Source: IndexBox Market Intelligence Platform

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