Price for Horses, Asses, Mules and Hinnies; Live in the United States - 2023

Contents:

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

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

In 2022, the average import price for horses, asses, mules and hinnies; lives amounted to $25,082 per unit, growing by 45% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. 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 -33.7% against 2019 indices. Over the period under review, average import prices hit record highs at $37,805 per unit in 2019; however, from 2020 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 the UK ($76,787 per unit), while the price for Canada ($4,112 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for horses, asses, mules and hinnies; lives amounted to $2,968 per unit, shrinking by -6% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average export price increased by 20%. As a result, the export price attained the peak level of $3,200 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($9,385 per unit), while the average price for exports to Mexico ($928 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 Canada (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Horses, Asses, Mules and Hinnies; Live in the United States

After three years of growth, purchases abroad of horses, asses, mules and hinnies; lives decreased by -27.2% to 31K units in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 122%. As a result, imports reached the peak of 42K units, and then shrank rapidly in the following year.

In value terms, imports of horses, asses, mules and hinnies; lives expanded significantly to $774M in 2022. The total import value increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

Import of Horses, Asses, Mules and Hinnies; Live in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany21715324129811.2%
Netherlands93.587.91181074.6%
Ireland80.510111484.21.5%
Belgium62.228.050.666.22.1%
Canada40.539.257.952.89.2%
Mexico5.24.16.78.919.6%
Argentina10.96.810.78.7-7.2%
Others1211281321486.9%
Total6315487317747.0%

Top Suppliers of Horses, Asses, Mules and Hinnies; Live to the United States in 2022:

  1. Canada (12.8K units)
  2. Germany (4.1K units)
  3. Belgium (3.1K units)
  4. Netherlands (2.9K units)
  5. Mexico (1.7K units)
  6. Argentina (1.7K units)
  7. Ireland (1.1K units)

Exports of Horses, Asses, Mules and Hinnies; Live in the United States

In 2022, after two years of decline, there was significant growth in overseas shipments of horses, asses, mules and hinnies; lives, when their volume increased by 6% to 102K units. Over the period under review, exports, however, continue to indicate a deep reduction. Over the period under review, the exports of reached the peak figure at 125K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of horses, asses, mules and hinnies; lives fell to $302M in 2022. Overall, exports, however, showed a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 0.6%. The exports peaked at $377M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Horses, Asses, Mules and Hinnies; Live in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada51.752.867.265.48.2%
Japan69.555.188.962.5-3.5%
United Kingdom46.934.740.441.5-4.0%
Mexico48.432.034.833.0-12.0%
Saudi Arabia3.69.75.118.071.0%
United Arab Emirates23.514.13.910.1-24.5%
Turkey5.02.53.68.519.3%
Others12810159.463.2-21.0%
Total377302303302-7.1%

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

  1. Mexico (35.6K units)
  2. Canada (22.8K units)
  3. United Kingdom (13.5K units)
  4. Saudi Arabia (8.2K units)
  5. Japan (6.7K units)
  6. Turkey (3.1K units)
  7. United Arab Emirates (1.0K units)

Source: IndexBox Market Intelligence Platform

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