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

Contents:

1. Price for Horses, Asses, Mules and Hinnies; Live in Panama (CIF) - 2022
2. Price for Horses, Asses, Mules and Hinnies; Live in Panama (FOB) - 2022
3. Imports of Horses, Asses, Mules and Hinnies; Live in Panama
4. Exports of Horses, Asses, Mules and Hinnies; Live in Panama

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

In 2022, the average import price for horses, asses, mules and hinnies; lives amounted to $3,254 per unit, rising by 1.9% against the previous year. Overall, import price indicated notable growth from 2013 to 2022: its price increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for horses, asses, mules and hinnies; lives decreased by -4.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 23% against the previous year. As a result, import price attained the peak level of $3,424 per unit. From 2021 to 2022, the average import prices failed to regain momentum.

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 Argentina ($3,866 per unit), while the price for Venezuela ($2,077 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for horses, asses, mules and hinnies; lives amounted to $1,807 per unit, reducing by -2.5% against the previous year. Over the period under review, the export price, however, continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 166%. As a result, the export price reached the peak level of $3,304 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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 El Salvador ($5,400 per unit), while the average price for exports to Venezuela ($1,356 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of horses, asses, mules and hinnies; lives imported into Panama rose modestly to 178 units, with an increase of 2.3% on the year before. Overall, imports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 156% against the previous year. Over the period under review, imports of attained the maximum at 289 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; lives rose modestly to $579K in 2022. In general, imports, however, faced a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 139%. Imports peaked at $806K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Horses, Asses, Mules and Hinnies; Live to Panama in 2022:

1. United States (72.0 units)
2. Colombia (35.0 units)
3. Venezuela (31.0 units)
4. Spain (17.0 units)
5. Costa Rica (13.0 units)
6. Argentina (7.0 units)

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

After two years of decline, overseas shipments of horses, asses, mules and hinnies; lives decreased by -21.1% to 15 units in 2022. Overall, exports recorded a drastic downturn. The smallest decline of -5% was in 2020. Over the period under review, the exports of reached the maximum at 20 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of horses, asses, mules and hinnies; lives fell dramatically to $27K in 2022. In general, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 33%. As a result, the exports reached the peak of $43K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Venezuela (9.0 units)
2. Peru (4.0 units)
3. El Salvador (1.0 units)
4. Guatemala (1.0 units)

Source: IndexBox Market Intelligence Platform