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

Contents:

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

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

The average export price for horses, asses, mules and hinnies; live, other than pure-bred breeding animalses stood at $16 per unit in 2022, almost unchanged from the previous year. In general, the export price continues to indicate a pronounced expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 1,705%. The export price peaked at $302 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +9.2% per year.

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

In 2022, the average import price for horses, asses, mules and hinnies; live, other than pure-bred breeding animalses amounted to $263 per unit, dropping by -12.9% against the previous year. In general, the import price faced a precipitous curtailment. The most prominent rate of growth was recorded in 2020 an increase of 8.2%. The import price peaked at $2,865 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,010 per unit), while the price for China ($122 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.4%), while the prices for the other major suppliers experienced a decline.

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

After two years of decline, shipments abroad of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses decreased by -50% to 1 units in 2022. In general, exports faced a sharp decrease. The smallest decline of -33.3% was in 2020. Over the period under review, the exports of attained the maximum at 3 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses dropped notably to $16 in 2022. Overall, exports faced a precipitous slump. The smallest decline of -31.9% was in 2021. The exports peaked at $73 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in South Korea (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1.01.01.016.0152.0%
Philippines1.0N/AN/AN/A0%
Malaysia71.046.031.0N/A-33.9%
OthersN/AN/AN/AN/A0%
Total73.047.032.016.0-39.7%

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

  1. Japan (1.0 units)

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

After two years of decline, overseas purchases of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses increased by 182% to 110 units in 2022. Over the period under review, imports, however, faced a sharp descent. Imports peaked at 253 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses skyrocketed to $29K in 2022. Overall, imports, however, faced a dramatic contraction. Imports peaked at $80K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.413.64.112.0-14.8%
Germany8.55.01.33.0-29.3%
Belgium9.75.41.33.0-32.4%
United States4.31.70.30.3-58.8%
Others38.620.54.810.6-35.0%
Total80.446.111.828.9-28.9%

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

  1. China (98.0 units)
  2. Belgium (3.0 units)
  3. Germany (3.0 units)
  4. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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