Price for Horses; Live, Other than Pure-Bred Breeding Animals in Kuwait - 2022
Contents:
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Kuwait (CIF) - 2022
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Kuwait (FOB) - 2022
- Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Kuwait
- Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Kuwait
Price for Horses; Live, Other than Pure-Bred Breeding Animals in Kuwait (CIF) - 2022
In 2022, the average import price for horses; live, other than pure-bred breeding animalses amounted to $20,104 per unit, rising by 47% against the previous year. In general, the import price recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 59%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
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 ($30,204 per unit), while the price for the United Arab Emirates ($1,736 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.5%), 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 Kuwait (FOB) - 2022
The average export price for horses; live, other than pure-bred breeding animalses stood at $6,872 per unit in 2022, growing by 29% against the previous year. In general, the export price posted a significant increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 205%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
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 Qatar ($8,899 per unit), while the average price for exports to Belgium ($5,350 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 Luxembourg (+60.9%), 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 Kuwait
In 2022, the amount of horses; live, other than pure-bred breeding animalses imported into Kuwait shrank significantly to 177 units, which is down by -41.6% on 2021 figures. Overall, imports faced a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Over the period under review, imports of attained the peak figure at 842 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of horses; live, other than pure-bred breeding animalses shrank to $3.6M in 2022. In general, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. Over the period under review, imports of attained the peak figure at $5.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Horses; Live, Other than Pure-Bred Breeding Animals in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,214 | 1,104 | 1,993 | 1,329 | 3.1% |
| Netherlands | 1,929 | 335 | 1,349 | 801 | -25.4% |
| Belgium | 91.1 | 213 | 204 | 165 | 21.9% |
| United Arab Emirates | 204 | 64.2 | 93.5 | 69.4 | -30.2% |
| United States | 331 | 50.3 | 90.3 | 33.4 | -53.4% |
| Poland | 610 | 361 | 129 | 32.9 | -62.2% |
| Germany | 163 | 11.1 | 77.7 | 14.6 | -55.3% |
| France | 48.6 | 3.3 | 6.5 | 10.5 | -40.0% |
| Saudi Arabia | 138 | 7.6 | 28.7 | 9.4 | -59.2% |
| Luxembourg | 445 | 53.4 | 57.6 | 5.6 | -76.7% |
| Spain | 33.0 | 7.4 | 14.7 | 5.6 | -44.6% |
| Qatar | 414 | 265 | 10.4 | 3.9 | -78.9% |
| Switzerland | 71.7 | 41.9 | N/A | N/A | -41.6% |
| Others | 125 | 13.8 | 80.3 | 1,078 | 105.1% |
| Total | 5,816 | 2,530 | 4,135 | 3,558 | -15.1% |
Top Suppliers of Horses; Live, Other than Pure-Bred Breeding Animals to Kuwait in 2022:
- Netherlands (55.0 units)
- United Kingdom (44.0 units)
- United Arab Emirates (40.0 units)
- Belgium (6.0 units)
- United States (5.0 units)
- Saudi Arabia (4.0 units)
- Poland (3.0 units)
- France (3.0 units)
- Germany (2.0 units)
- Spain (2.0 units)
- Qatar (1.0 units)
- Luxembourg (1.0 units)
Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Kuwait
In 2022, approx. 141 units of horses; live, other than pure-bred breeding animalses were exported from Kuwait; rising by 19% on the year before. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 417% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of horses; live, other than pure-bred breeding animalses soared to $969K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,011%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Horses; Live, Other than Pure-Bred Breeding Animals in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 8.8 | 157 | 361 | 273 | 214.2% |
| Netherlands | 3.2 | 49.6 | 56.0 | 220 | 309.7% |
| Qatar | 1.4 | 25.2 | 60.1 | 214 | 434.7% |
| Luxembourg | N/A | N/A | 55.9 | 125 | 123.6% |
| United States | 6.3 | 76.8 | 74.0 | 98.4 | 150.0% |
| Germany | 1.6 | 21.6 | 23.5 | 39.6 | 191.4% |
| Others | 8.4 | N/A | N/A | N/A | 0% |
| Total | 29.7 | 330 | 630 | 969 | 219.5% |
Top Export Markets for Horses; Live, Other than Pure-Bred Breeding Animals from Kuwait in 2022:
- Belgium (51.0 units)
- Netherlands (29.0 units)
- Qatar (24.0 units)
- Luxembourg (18.0 units)
- United States (13.0 units)
- Germany (6.0 units)
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