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

Contents:

  1. Price for Horses; Live, Other than Pure-Bred Breeding Animals in Tanzania (CIF) - 2022
  2. Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Tanzania

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

The average import price for horses; live, other than pure-bred breeding animalses stood at $1,061 per unit in 2022, rising by 142% against the previous year. Overall, the import price saw a significant increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 3,872% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +25.4% per year.

Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Tanzania

In 2022, supplies from abroad of horses; live, other than pure-bred breeding animalses decreased by -66.7% to 7 units, falling for the second year in a row after two years of growth. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 69%. As a result, imports reached the peak of 22 units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of horses; live, other than pure-bred breeding animalses fell notably to $7.4K in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 64% against the previous year. Over the period under review, imports of hit record highs at $9.2K in 2021, and then dropped rapidly in the following year.

Import of Horses; Live, Other than Pure-Bred Breeding Animals in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa0.81.35.57.4109.9%
Kenya2.17.51.8N/A-7.4%
China0.80.21.9N/A54.1%
Oman1.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.58.99.27.410.4%

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

  1. South Africa (7.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Horses; live, other than pure-bred breeding animals - Tanzania