Price for Horses; Live, Other than Pure-Bred Breeding Animals in the UK - 2023
Contents:
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in the UK (CIF) - 2022
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in the UK (FOB) - 2022
- Imports of Horses; Live, Other than Pure-Bred Breeding Animals in the UK
- Exports of Horses; Live, Other than Pure-Bred Breeding Animals in the UK
Price for Horses; Live, Other than Pure-Bred Breeding Animals in the UK (CIF) - 2022
The average import price for horses; live, other than pure-bred breeding animalses stood at $37,593 per unit in 2022, jumping by 299% against the previous year. Overall, the import price enjoyed strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 ($55,822 per unit), while the price for Spain ($5,883 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.1%), 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 the UK (FOB) - 2022
The average export price for horses; live, other than pure-bred breeding animalses stood at $36,510 per unit in 2022, picking up by 37% against the previous year. In general, the export price, however, continues to indicate a perceptible downturn. The growth pace was the most rapid in 2014 when the average export price increased by 52% against the previous year. As a result, the export price attained the peak level of $64,867 per unit. From 2015 to 2022, the average 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 Hong Kong SAR ($219,060 per unit), while the average price for exports to India ($6,078 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 India (+6.5%), 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 the UK
In 2022, the amount of horses; live, other than pure-bred breeding animalses imported into the UK soared to 2.9K units, growing by 585% against the previous year. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of horses; live, other than pure-bred breeding animalses surged to $109M in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Horses; Live, Other than Pure-Bred Breeding Animals in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | N/A | N/A | N/A | 64.1 | 0% |
| France | N/A | N/A | N/A | 22.2 | 0% |
| Netherlands | 0.1 | N/A | N/A | 7.2 | 316.0% |
| Belgium | N/A | N/A | N/A | 4.2 | 0% |
| Germany | N/A | N/A | 0.1 | 3.6 | 3500.0% |
| Argentina | 1.1 | 0.1 | 1.7 | 2.3 | 27.9% |
| Spain | N/A | N/A | N/A | 0.7 | 0% |
| United Arab Emirates | 1.2 | 1.5 | 0.2 | 0.1 | -56.3% |
| Others | 0.6 | 0.1 | 2.0 | 4.1 | 89.8% |
| Total | 3.0 | 1.7 | 4.0 | 109 | 231.2% |
Top Suppliers of Horses; Live, Other than Pure-Bred Breeding Animals to the UK in 2022:
- Ireland (1149.0 units)
- France (419.0 units)
- Argentina (344.0 units)
- Netherlands (240.0 units)
- Germany (167.0 units)
- Spain (121.0 units)
- Belgium (102.0 units)
- United Arab Emirates (16.0 units)
Exports of Horses; Live, Other than Pure-Bred Breeding Animals in the UK
In 2022, exports of horses; live, other than pure-bred breeding animalses from the UK reduced remarkably to 2.1K units, falling by -24.5% compared with the previous year. In general, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 184% against the previous year. As a result, the exports attained the peak of 2.8K units, and then fell remarkably in the following year.
In value terms, exports of horses; live, other than pure-bred breeding animalses rose modestly to $78M in 2022. Overall, total exports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +3.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Horses; Live, Other than Pure-Bred Breeding Animals in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.6 | 2.3 | 10.4 | 15.1 | 16.3% |
| Ireland | 1.4 | 0.1 | 16.6 | 14.1 | 116.0% |
| Hong Kong SAR | 29.6 | 27.4 | 16.9 | 10.7 | -28.8% |
| Australia | 7.1 | 5.7 | 8.2 | 9.6 | 10.6% |
| Saudi Arabia | 4.6 | 1.5 | 4.6 | 7.9 | 19.8% |
| France | N/A | N/A | 1.0 | 3.8 | 280.0% |
| Qatar | 2.9 | 1.2 | 1.9 | 3.4 | 5.4% |
| Bahrain | 1.4 | 2.2 | 1.1 | 2.3 | 18.0% |
| Kuwait | 2.2 | 1.2 | 3.2 | 1.6 | -10.1% |
| United Arab Emirates | 2.2 | 0.6 | 0.2 | 1.5 | -12.0% |
| Germany | 1.7 | 0.6 | 2.9 | 1.2 | -11.0% |
| Netherlands | N/A | N/A | 1.6 | 1.1 | -31.3% |
| India | 0.1 | 0.2 | 1.1 | 0.5 | 71.0% |
| Others | 7.4 | 2.1 | 5.3 | 4.9 | -12.8% |
| Total | 70.2 | 45.3 | 74.9 | 77.8 | 3.5% |
Top Export Markets for Horses; Live, Other than Pure-Bred Breeding Animals from the UK in 2022:
- United States (347.0 units)
- Ireland (275.0 units)
- France (228.0 units)
- Germany (165.0 units)
- Saudi Arabia (148.0 units)
- Kuwait (133.0 units)
- Bahrain (126.0 units)
- United Arab Emirates (110.0 units)
- India (82.0 units)
- Qatar (68.0 units)
- Netherlands (56.0 units)
- Australia (56.0 units)
- Hong Kong SAR (49.0 units)
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