Price for Horses; Live, Other than Pure-Bred Breeding Animals in Serbia - 2023

Contents:

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

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

In 2022, the average import price for horses; live, other than pure-bred breeding animalses amounted to $1,232 per unit, with a decrease of -30.4% against the previous year. Over the period under review, the import price recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when the average import price increased by 48%. The import price peaked at $9,404 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,297 per unit), while the price for the United States ($608 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for horses; live, other than pure-bred breeding animalses amounted to $1,308 per unit, with an increase of 1.9% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 232% against the previous year. As a result, the export price attained the peak level of $6,740 per unit. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($4,058 per unit), while the average price for exports to Slovenia ($877 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 Italy (+108.7%), 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 Serbia

In 2022, after three years of growth, there was significant decline in overseas purchases of horses; live, other than pure-bred breeding animalses, when their volume decreased by -13.5% to 147 units. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 110% against the previous year. As a result, imports reached the peak of 170 units, and then contracted in the following year.

In value terms, imports of horses; live, other than pure-bred breeding animalses declined significantly to $181K in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 210% against the previous year. As a result, imports reached the peak of $301K, and then reduced markedly in the following year.

Import of Horses; Live, Other than Pure-Bred Breeding Animals in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France13.025.552.967.773.3%
Ireland1.87.144.729.4153.7%
Germany4.014.191.319.870.4%
Hungary17.511.99.517.3-0.4%
United Kingdom1.11.419.411.4118.0%
Croatia11.414.732.57.8-11.9%
Netherlands2.37.312.46.138.4%
BulgariaN/A2.71.64.934.7%
SpainN/AN/A2.64.573.1%
Belgium1.42.53.52.826.0%
Sweden2.42.10.61.9-7.5%
United StatesN/A1.22.61.822.5%
Others1.76.427.15.749.7%
Total56.596.930118147.4%

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

  1. France (44.0 units)
  2. Ireland (25.0 units)
  3. Hungary (17.0 units)
  4. United Kingdom (12.0 units)
  5. Netherlands (9.0 units)
  6. Spain (7.0 units)
  7. Germany (6.0 units)
  8. Bulgaria (5.0 units)
  9. Croatia (4.0 units)
  10. Belgium (4.0 units)
  11. United States (3.0 units)
  12. Sweden (3.0 units)

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

For the fourth year in a row, Serbia recorded growth in shipments abroad of horses; live, other than pure-bred breeding animalses, which increased by 34% to 39 units in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 75% against the previous year. Over the period under review, the exports of attained the peak figure 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 skyrocketed to $51K in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 50% 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 near future.

Export of Horses; Live, Other than Pure-Bred Breeding Animals in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/AN/A5.119.3278.4%
Croatia2.83.0N/A16.279.5%
Hungary4.58.311.77.518.6%
Bosnia and Herzegovina2.4N/A2.62.85.3%
Czech RepublicN/AN/A3.42.5-26.5%
Germany1.66.010.71.72.0%
Sweden5.3N/A2.01.1-40.8%
BulgariaN/A5.41.6N/A-70.4%
SwitzerlandN/A2.1N/AN/A0%
OthersN/AN/AN/AN/A0%
Total16.524.837.251.045.7%

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

  1. Slovenia (22.0 units)
  2. Hungary (7.0 units)
  3. Croatia (4.0 units)
  4. Bosnia and Herzegovina (3.0 units)
  5. Czech Republic (1.0 units)
  6. Sweden (1.0 units)
  7. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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