Price for Horses; Live, Other than Pure-Bred Breeding Animals in Australia - 2024
Contents:
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Australia (CIF) - 2022
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Australia (FOB) - 2022
- Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Australia
- Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Australia
Price for Horses; Live, Other than Pure-Bred Breeding Animals in Australia (CIF) - 2022
The average import price for horses; live, other than pure-bred breeding animalses stood at $53,303 per unit in 2022, dropping by -1.8% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.2% 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; live, other than pure-bred breeding animalses increased by +6.6% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 37% against the previous year. The import price peaked at $58,278 per unit in 2018; however, from 2019 to 2022, 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 the UK ($148,360 per unit), while the price for New Zealand ($33,062 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Horses; Live, Other than Pure-Bred Breeding Animals in Australia (FOB) - 2022
The average export price for horses; live, other than pure-bred breeding animalses stood at $31,081 per unit in 2022, falling by -16.4% against the previous year. In general, the export price, however, showed modest growth. The most prominent rate of growth was recorded in 2017 an increase of 126%. Over the period under review, the average export prices reached the peak figure at $56,100 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 Hong Kong SAR ($302,081 per unit), while the average price for exports to the Philippines ($2,527 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 the United Arab Emirates (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Australia
In 2022, the amount of horses; live, other than pure-bred breeding animalses imported into Australia was estimated at 2.4K units, flattening at 2021. The total import volume increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 16%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of horses; live, other than pure-bred breeding animalses dropped slightly to $130M in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 15%. Imports peaked at $130M in 2021, and then declined slightly in the following year.
| Import of Horses; Live, Other than Pure-Bred Breeding Animals in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 68.5 | 69.4 | 70.0 | 61.8 | -3.4% |
| United Kingdom | 24.3 | 35.5 | 38.8 | 44.7 | 22.5% |
| Netherlands | 4.5 | 3.8 | 5.1 | 10.3 | 31.8% |
| United States | 1.0 | 6.5 | 8.4 | 7.7 | 97.5% |
| Germany | 1.5 | 0.9 | 3.0 | 3.2 | 28.7% |
| Others | 4.2 | 3.2 | 4.7 | 1.9 | -23.2% |
| Total | 104 | 119 | 130 | 130 | 7.7% |
Top Suppliers of Horses; Live, Other than Pure-Bred Breeding Animals to Australia in 2022:
- New Zealand (1870.0 units)
- United Kingdom (301.0 units)
- Netherlands (107.0 units)
- Germany (66.0 units)
- United States (55.0 units)
Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Australia
In 2022, overseas shipments of horses; live, other than pure-bred breeding animalses increased by 20% to 214 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a sharp slump. The exports peaked at 428 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of horses; live, other than pure-bred breeding animalses reduced to $6.7M in 2022. In general, exports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 60% against the previous year. As a result, the exports reached the peak of $15M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Horses; Live, Other than Pure-Bred Breeding Animals in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | N/A | 2.6 | 5.3 | 3.3 | 12.7% |
| Hong Kong SAR | 4.0 | 7.9 | N/A | 2.1 | -19.3% |
| Singapore | 0.5 | 0.4 | 0.2 | 0.5 | 0.0% |
| Germany | N/A | N/A | N/A | 0.4 | 0% |
| Philippines | 0.2 | 0.1 | N/A | 0.1 | -20.6% |
| Japan | 1.7 | 2.3 | 0.7 | 0.1 | -61.1% |
| South Korea | 0.8 | N/A | N/A | N/A | 0% |
| New Zealand | 1.1 | 1.0 | N/A | N/A | -9.1% |
| United Kingdom | 0.2 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 0.5 | N/A | 0.1 | N/A | -55.3% |
| Others | 0.4 | 0.5 | 0.1 | N/A | -50.0% |
| Total | 9.3 | 14.9 | 6.7 | 6.7 | -10.4% |
Top Export Markets for Horses; Live, Other than Pure-Bred Breeding Animals from Australia in 2022:
- Macao SAR (85.0 units)
- Philippines (54.0 units)
- Germany (29.0 units)
- Singapore (23.0 units)
- New Zealand (11.0 units)
- Hong Kong SAR (7.0 units)
- Japan (1.0 units)
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