Price for Horses; Live, Other than Pure-Bred Breeding Animals in Nepal - 2022

Price for Horses; Live, Other than Pure-Bred Breeding Animals in Nepal (CIF) - 2022

In 2022, the average import price for horses; live, other than pure-bred breeding animalses amounted to $82 per unit, shrinking by -2.1% against the previous year. Overall, the import price showed a precipitous setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 217% against the previous year. Over the period under review, average import prices hit record highs at $812 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -4.9% per year.

Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Nepal

In 2022, purchases abroad of horses; live, other than pure-bred breeding animalses was finally on the rise to reach 25 units after two years of decline. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of horses; live, other than pure-bred breeding animalses soared to $2K in 2022. Overall, imports, however, recorded a deep setback. Imports peaked at $3.9K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.