Price for Horses, Asses, Mules and Hinnies; Live in Latvia - 2023

Price for Horses, Asses, Mules and Hinnies; Live in Latvia (FOB) - 2022

The average export price for horses, asses, mules and hinnies; lives stood at $3,427 per unit in 2022, with a decrease of -64.4% against the previous year. In general, the export price, however, posted a perceptible increase. The most prominent rate of growth was recorded in 2018 an increase of 106%. Over the period under review, the average export prices reached the peak figure at $9,632 per unit in 2021, and then shrank rapidly in the following year.

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 Russia ($10,431 per unit), while the average price for exports to Belarus ($1,040 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 Kyrgyzstan (+49.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Horses, Asses, Mules and Hinnies; Live in Latvia (CIF) - 2022

The average import price for horses, asses, mules and hinnies; lives stood at $4,716 per unit in 2022, falling by -34.2% against the previous year. In general, the import price, however, showed a moderate increase. The pace of growth appeared the most rapid in 2020 an increase of 275%. Over the period under review, average import prices hit record highs at $7,163 per unit in 2021, and then dropped dramatically in the following year.

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 ($9,164 per unit), while the price for Denmark ($1,638 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Horses, Asses, Mules and Hinnies; Live in Latvia

In 2022, exports of horses, asses, mules and hinnies; lives from Latvia rose modestly to 457 units, increasing by 2% compared with the previous year's figure. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +19.9% 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 +72.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 52%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of horses, asses, mules and hinnies; lives shrank remarkably to $1.6M in 2022. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 165% against the previous year. As a result, the exports reached the peak of $4.3M, and then declined significantly in the following year.

Export of Horses, Asses, Mules and Hinnies; Live in Latvia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	358	1,565	4,182	814	31.5%
Kazakhstan	N/A	N/A	N/A	305	0%
Kyrgyzstan	N/A	25.3	43.5	290	238.6%
Belarus	41.7	N/A	5.5	137	48.7%
Finland	8.8	N/A	N/A	11.6	9.6%
Mongolia	81.1	13.9	N/A	4.9	-60.8%
Uzbekistan	299	N/A	71.7	N/A	-51.0%
Others	23.5	22.4	12.5	4.2	-43.7%
Total	812	1,627	4,315	1,566	24.5%

Top Export Markets for Horses, Asses, Mules and Hinnies; Live from Latvia in 2022:

Belarus (132.0 units)
Kyrgyzstan (128.0 units)
Kazakhstan (105.0 units)
Russia (78.0 units)
Finland (9.0 units)
Mongolia (3.0 units)

Imports of Horses, Asses, Mules and Hinnies; Live in Latvia

In 2022, supplies from abroad of horses, asses, mules and hinnies; lives decreased by -52.3% to 147 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 2,722%. Over the period under review, imports of hit record highs at 308 units in 2021, and then declined remarkably in the following year.

In value terms, imports of horses, asses, mules and hinnies; lives shrank significantly to $693K in 2022. In general, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 10,490%. Over the period under review, imports of hit record highs at $2.2M in 2021, and then reduced rapidly in the following year.

Import of Horses, Asses, Mules and Hinnies; Live in Latvia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	N/A	770	120	240	-44.2%
Germany	N/A	72.1	608	211	71.1%
Estonia	N/A	174	251	84.9	-30.1%
Poland	N/A	35.3	264	45.4	13.4%
France	N/A	N/A	141	35.9	-74.5%
Sweden	N/A	44.5	456	35.4	-10.8%
Lithuania	N/A	2.3	12.1	20.2	196.4%
Denmark	N/A	71.0	255	4.9	-73.7%
Spain	N/A	365	34.1	N/A	-90.7%
Others	14.5	1.3	64.9	16.2	3.8%
Total	14.5	1,535	2,206	693	262.9%