Price for Horses; Live, Other than Pure-Bred Breeding Animals in Sri Lanka - 2022
Contents:
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Sri Lanka (CIF) - 2022
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Sri Lanka (FOB) - 2022
- Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Sri Lanka
- Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Sri Lanka
Price for Horses; Live, Other than Pure-Bred Breeding Animals in Sri Lanka (CIF) - 2022
The average import price for horses; live, other than pure-bred breeding animalses stood at $329 per unit in 2022, with a decrease of -93.9% against the previous year. Overall, the import price saw a sharp shrinkage. The pace of growth was the most pronounced in 2020 when the average import price increased by 225,349% against the previous year. The import price peaked at $52,434 per unit in 2018; however, from 2019 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 Ethiopia amounted to +137.5% per year.
Price for Horses; Live, Other than Pure-Bred Breeding Animals in Sri Lanka (FOB) - 2022
The average export price for horses; live, other than pure-bred breeding animalses stood at $22 per unit in 2022, shrinking by -97.5% against the previous year. Overall, the export price faced a sharp downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 645% against the previous year. The export price peaked at $3,281 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($197 per unit), while the average price for exports to Maldives stood at $12 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+5.7%), while the prices for the other major destinations experienced a decline.
Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Sri Lanka
In 2022, purchases abroad of horses; live, other than pure-bred breeding animalses decreased by -14.3% to 12 units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,250%. As a result, imports reached the peak of 27 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 notably to $3.9K in 2022. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 3,043,467% against the previous year. As a result, imports attained the peak of $91K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Horses; Live, Other than Pure-Bred Breeding Animals in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 1.9 | 1.6 | 3.9 | 43.3% |
| Netherlands | N/A | 55.3 | 48.8 | N/A | -11.8% |
| Ethiopia | N/A | 34.1 | 25.6 | N/A | -24.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | 91.3 | 76.0 | 3.9 | -79.3% |
Top Suppliers of Horses; Live, Other than Pure-Bred Breeding Animals to Sri Lanka in 2022:
- India (12.0 units)
Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Sri Lanka
In 2022, approx. 18 units of horses; live, other than pure-bred breeding animalses were exported from Sri Lanka; picking up by 350% on the previous year. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of horses; live, other than pure-bred breeding animalses fell dramatically to $394 in 2022. Over the period under review, exports, however, recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 25% against the previous year. As a result, the exports attained the peak of $12K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Horses; Live, Other than Pure-Bred Breeding Animals in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 8.1 | 5.4 | 1.2 | 0.2 | -70.9% |
| Singapore | 0.3 | 0.3 | 0.1 | 0.2 | -12.6% |
| United Arab Emirates | 1.4 | 6.6 | 2.3 | N/A | 28.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.8 | 12.3 | 3.5 | 0.4 | -65.6% |
Top Export Markets for Horses; Live, Other than Pure-Bred Breeding Animals from Sri Lanka in 2022:
- Maldives (17.0 units)
- Singapore (1.0 units)
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