Price for Horses; Live, Other than Pure-Bred Breeding Animals in South Africa - 2024

Contents:

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

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

The average import price for horses; live, other than pure-bred breeding animalses stood at $14,247 per unit in 2022, approximately reflecting the previous year. Overall, the import price saw a significant expansion. The most prominent rate of growth was recorded in 2018 an increase of 187%. The import price peaked in 2022 and is likely to continue growth in the near future.

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 Ireland ($42,423 per unit), while the price for Namibia ($597 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+107.1%), 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 South Africa (FOB) - 2022

In 2022, the average export price for horses; live, other than pure-bred breeding animalses amounted to $1,507 per unit, which is down by -21% against the previous year. In general, the export price, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2017 an increase of 83% against the previous year. The export price peaked at $3,314 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($2,021 per unit), while the average price for exports to Tanzania ($384 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 the United Arab Emirates (+25.6%), 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 South Africa

In 2022, the amount of horses; live, other than pure-bred breeding animalses imported into South Africa declined rapidly to 192 units, which is down by -29.7% compared with the previous year. Overall, imports saw a sharp shrinkage. Over the period under review, imports of hit record highs at 1.3K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of horses; live, other than pure-bred breeding animalses shrank markedly to $2.7M in 2022. In general, imports showed a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 9.9%. Imports peaked at $6.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Horses; Live, Other than Pure-Bred Breeding Animals in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands10627475281197.0%
Germany1,318412887738-17.6%
Belgium570771983331-16.6%
United Kingdom2,3561,828848313-49.0%
SpainN/A28.322.5211173.1%
Ireland1872.8N/A170-3.1%
Namibia30.88.034.928.6-2.4%
Zimbabwe7.65.16.218.935.5%
Sweden11.932.3N/AN/A171.4%
Portugal70.021.0146N/A44.4%
Italy61.016.1N/AN/A-73.6%
Australia1,784N/AN/AN/A0%
Others28.211618311459.3%
Total6,5313,5153,8632,735-25.2%

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

  1. Netherlands (49.0 units)
  2. Namibia (48.0 units)
  3. Germany (20.0 units)
  4. United Kingdom (15.0 units)
  5. Belgium (15.0 units)
  6. Spain (10.0 units)
  7. Zimbabwe (5.0 units)
  8. Ireland (4.0 units)

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

In 2022, exports of horses; live, other than pure-bred breeding animalses from South Africa shrank dramatically to 226 units, waning by -64.8% against the previous year's figure. In general, exports recorded a dramatic setback. The smallest decline of -13% was in 2020. The exports peaked at 961 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 reduced markedly to $341K in 2022. Over the period under review, exports showed a sharp decrease. The smallest decline of -30.2% was in 2020. The exports peaked at $3.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Horses; Live, Other than Pure-Bred Breeding Animals in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia48.313.733.913540.9%
Zimbabwe75.859.972.683.53.3%
Botswana37.298.833.244.56.2%
Zambia27.238.135.528.21.2%
TanzaniaN/A22.432.719.6-6.5%
Mozambique2.12.26.37.754.2%
Mauritius2,9751,979993N/A-42.2%
Others19.210.617.822.25.0%
Total3,1852,2241,225341-52.5%

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

  1. Namibia (80.0 units)
  2. Tanzania (51.0 units)
  3. Zimbabwe (43.0 units)
  4. Botswana (22.0 units)
  5. Zambia (14.0 units)
  6. Mozambique (4.0 units)

Source: IndexBox Market Intelligence Platform

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