Price for Horses; Live, Other than Pure-Bred Breeding Animals in Saudi Arabia - 2022
Contents:
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Saudi Arabia (FOB) - 2022
- Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Saudi Arabia
Price for Horses; Live, Other than Pure-Bred Breeding Animals in Saudi Arabia (FOB) - 2022
The average export price for horses; live, other than pure-bred breeding animalses stood at $5,596 per unit in 2021, increasing by 23% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 53% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Yemen ($2,965 per unit), while the average price for exports to the United Arab Emirates ($206 per unit) was amongst the lowest.
From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+216.2%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Saudi Arabia
In 2022, overseas shipments of horses; live, other than pure-bred breeding animalses increased by 254% to 92 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a pronounced slump. Over the period under review, the exports of reached the peak figure at 98 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of horses; live, other than pure-bred breeding animalses surged to $393K in 2022. In general, exports showed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Horses; Live, Other than Pure-Bred Breeding Animals in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Jordan | 46.7 | 58.5 | 25.3% | ||
| Kuwait | 55.7 | 45.6 | -18.1% | ||
| Yemen | N/A | 41.5 | 0% | ||
| Bahrain | 81.5 | 26.3 | -67.7% | ||
| Belgium | 729 | 23.4 | -96.8% | ||
| Qatar | N/A | 22.8 | 0% | ||
| United Arab Emirates | 51.5 | 19.0 | -63.1% | ||
| Others | -773.6 | -91.6 | -88.2% | ||
| Total | 191 | 145 | -24.1% | ||
Top Export Markets for Horses; Live, Other than Pure-Bred Breeding Animals from Saudi Arabia in 2022:
- United Arab Emirates (92.0 units)
- Belgium (65.0 units)
- Jordan (63.0 units)
- Kuwait (36.0 units)
- Qatar (26.0 units)
- Bahrain (14.0 units)
- Yemen (14.0 units)
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