Price for Horses, Asses, Mules and Hinnies; Live in Nigeria - 2022
Contents:
- Price for Horses, Asses, Mules and Hinnies; Live in Nigeria (CIF) - 2022
- Price for Horses, Asses, Mules and Hinnies; Live in Nigeria (FOB) - 2022
- Imports of Horses, Asses, Mules and Hinnies; Live in Nigeria
- Exports of Horses, Asses, Mules and Hinnies; Live in Nigeria
Price for Horses, Asses, Mules and Hinnies; Live in Nigeria (CIF) - 2022
The average import price for horses, asses, mules and hinnies; lives stood at $14,451 per unit in 2022, jumping by 155% against the previous year. Overall, the import price showed prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($12,150 per unit), while the price for Ethiopia ($9,373 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ethiopia (+30.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Horses, Asses, Mules and Hinnies; Live in Nigeria (FOB) - 2022
In 2022, the average export price for horses, asses, mules and hinnies; lives amounted to $1,148 per unit, with a decrease of -50.1% against the previous year. Overall, the export price showed a abrupt downturn. The growth pace was the most rapid in 2016 an increase of 316%. The export price peaked at $4,203 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($1,584 per unit), while the average price for exports to Belgium ($4 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 Niger (+87.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Horses, Asses, Mules and Hinnies; Live in Nigeria
In 2022, after two years of decline, there was significant growth in purchases abroad of horses, asses, mules and hinnies; lives, when their volume increased by 221% to 90 units. In general, imports, however, saw a abrupt descent. Imports peaked at 133 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of horses, asses, mules and hinnies; lives soared to $1.3M in 2022. Overall, imports showed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Horses, Asses, Mules and Hinnies; Live in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 611 | 0% |
| Ethiopia | N/A | 182 | 38.4 | 234 | 13.4% |
| United Kingdom | 75.2 | 23.1 | 4.5 | 24.3 | -31.4% |
| Niger | 43.2 | 3.6 | 15.6 | N/A | -39.9% |
| Argentina | 510 | 217 | 58.7 | N/A | -66.1% |
| United Arab Emirates | 33.4 | 13.4 | 3.4 | N/A | -68.1% |
| South Africa | 104 | 46.4 | 13.1 | N/A | -64.5% |
| Others | 12.5 | 4.8 | 25.1 | 431 | 225.5% |
| Total | 779 | 491 | 159 | 1,301 | 18.6% |
Top Suppliers of Horses, Asses, Mules and Hinnies; Live to Nigeria in 2022:
- Italy (63.0 units)
- Ethiopia (25.0 units)
- United Kingdom (2.0 units)
Exports of Horses, Asses, Mules and Hinnies; Live in Nigeria
Exports of horses, asses, mules and hinnies; lives from Nigeria soared to 33 units in 2022, increasing by 74% against the previous year. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of horses, asses, mules and hinnies; lives declined to $38K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 36%. As a result, the exports attained the peak of $44K, and then dropped in the following year.
| Export of Horses, Asses, Mules and Hinnies; Live in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 24.1 | 26.5 | 6.4 | 33.1 | 11.2% |
| Niger | 3.1 | 1.5 | 0.6 | 3.2 | 1.1% |
| Benin | 0.3 | 1.4 | 3.2 | 1.6 | 74.7% |
| Cameroon | N/A | 2.7 | 0.3 | N/A | -88.9% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 33.1 | N/A | 0% |
| Total | 27.5 | 32.1 | 43.7 | 37.9 | 11.3% |
Top Export Markets for Horses, Asses, Mules and Hinnies; Live from Nigeria in 2022:
- Ghana (24.0 units)
- Benin (6.0 units)
- Niger (2.0 units)
- Belgium (1.0 units)
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