Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Canada - 2023

Contents:

  1. Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Canada (CIF) - 2023
  2. Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Canada (FOB) - 2022
  3. Imports of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Canada
  4. Exports of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Canada

Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Canada (CIF) - 2023

In October 2023, the average import price for horses, asses, mules and hinnies; live, other than pure-bred breeding animalses amounted to $3,985 per unit, declining by -77.9% against the previous month. Over the period under review, the import price showed a pronounced descent. The most prominent rate of growth was recorded in February 2023 an increase of 197% against the previous month. The import price peaked at $27,566 per unit in April 2023; afterwards, it flattened through to October 2023.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($5,608 per unit), while the price for the United States totaled $3,611 per unit.

From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (0.0%).

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

In 2022, the average export price for horses, asses, mules and hinnies; live, other than pure-bred breeding animalses amounted to $3,846 per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price showed a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 51%. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.4% per year.

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

For the third consecutive year, Canada recorded decline in overseas purchases of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses, which decreased by -49.1% to 768 units in 2022. Overall, imports showed a sharp reduction. The smallest decline of -2% was in 2020. Over the period under review, imports of attained the peak figure at 2.6K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses shrank notably to $5.3M in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 84% against the previous year. As a result, imports reached the peak of $6.6M, and then shrank rapidly in the following year.

Import of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.63.06.44.844.2%
Netherlands0.30.10.10.410.1%
Belgium0.1N/AN/A0.226.0%
Ireland0.20.2N/AN/A0.0%
Germany0.70.2N/AN/A-71.4%
Others0.10.10.1N/A0.0%
Total3.03.66.65.320.9%

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

  1. United States (668.0 units)
  2. Belgium (72.0 units)
  3. Netherlands (27.0 units)

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

In 2022, overseas shipments of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses decreased by 0% to 3 units, falling for the second consecutive year after two years of growth. In general, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 56%. As a result, the exports reached the peak of 14 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses totaled $12K in 2022. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 29%. As a result, the exports reached the peak of $18K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.617.8N/A11.564.2%
India11.1N/AN/AN/A0%
GhanaN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total13.817.8N/A11.5-5.9%

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

  1. United States (3.0 units)

Source: IndexBox Market Intelligence Platform

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