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

Contents:

1. Price for Horses; Live, Other than Pure-Bred Breeding Animals in Peru (CIF) - 2022
2. Price for Horses; Live, Other than Pure-Bred Breeding Animals in Peru (FOB) - 2022
3. Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Peru
4. Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Peru

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

In 2022, the average import price for horses; live, other than pure-bred breeding animalses amounted to $11,049 per unit, with a decrease of -14.7% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 21%. Over the period under review, average import prices hit record highs at $17,635 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($12,614 per unit), while the price for Chile ($10,086 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+466.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for horses; live, other than pure-bred breeding animalses stood at $2,915 per unit in 2022, declining by -31.8% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 an increase of 60%. Over the period under review, the average export prices hit record highs at $4,271 per unit in 2021, and then contracted dramatically in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,247 per unit), while the average price for exports to Mexico ($2,000 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 Spain (+17.9%), 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 Peru

In 2022, overseas purchases of horses; live, other than pure-bred breeding animalses decreased by -30.8% to 81 units, falling for the second year in a row after two years of growth. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 18%. As a result, imports reached the peak of 124 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of horses; live, other than pure-bred breeding animalses contracted significantly to $895K in 2022. In general, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. As a result, imports reached the peak of $1.5M, and then declined sharply in the following year.

Top Suppliers of Horses; Live, Other than Pure-Bred Breeding Animals to Peru in 2022:

1. Argentina (33.0 units)
2. United States (29.0 units)
3. Chile (18.0 units)
4. Colombia (1.0 units)

Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Peru

In 2022, approx. 53 units of horses; live, other than pure-bred breeding animalses were exported from Peru; growing by 23% compared with the previous year. Overall, exports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 26% against the previous year. Over the period under review, the exports of attained the peak figure at 67 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of horses; live, other than pure-bred breeding animalses shrank sharply to $154K in 2022. In general, exports, however, saw a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 56%. The exports peaked at $221K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Horses; Live, Other than Pure-Bred Breeding Animals from Peru in 2022:

1. Colombia (28.0 units)
2. Argentina (14.0 units)
3. United States (6.0 units)
4. Mexico (5.0 units)

Source: IndexBox Market Intelligence Platform