Price for Horses; Live, Other than Pure-Bred Breeding Animals in Turkey - 2024
Contents:
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Turkey (CIF) - 2022
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Turkey (FOB) - 2022
- Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Turkey
- Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Turkey
Price for Horses; Live, Other than Pure-Bred Breeding Animals in Turkey (CIF) - 2022
The average import price for horses; live, other than pure-bred breeding animalses stood at $1,940 per unit in 2022, surging by 15% against the previous year. Overall, the import price, however, recorded a noticeable decline. The pace of growth appeared the most rapid in 2014 when the average import price increased by 48% against the previous year. Over the period under review, average import prices reached the peak figure at $2,928 per unit in 2012; however, from 2013 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 the United States ($7,824 per unit), while the price for Azerbaijan ($296 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+13.1%), 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 Turkey (FOB) - 2022
In 2022, the average export price for horses; live, other than pure-bred breeding animalses amounted to $506 per unit, rising by 73% against the previous year. Overall, the export price, however, continues to indicate a deep setback. The export price peaked at $1,924 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($16,149 per unit), while the average price for exports to Iraq ($172 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 Ireland (+13.9%), while the prices for the other major destinations experienced a decline.
Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Turkey
For the fourth year in a row, Turkey recorded growth in supplies from abroad of horses; live, other than pure-bred breeding animalses, which increased by 22% to 538 units in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of horses; live, other than pure-bred breeding animalses skyrocketed to $1M in 2022. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 69%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Horses; Live, Other than Pure-Bred Breeding Animals in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 80.4 | 121 | 112 | 439 | 76.1% |
| Germany | 53.2 | 77.0 | 177 | 169 | 47.0% |
| Hungary | 11.1 | 16.0 | 121 | 82.4 | 95.1% |
| Belgium | 37.4 | 52.4 | 86.0 | 77.1 | 27.3% |
| United States | 18.7 | 39.3 | 46.0 | 70.4 | 55.6% |
| Bulgaria | 13.4 | 12.1 | 73.9 | 41.5 | 45.8% |
| France | 16.6 | 33.5 | 28.8 | 37.9 | 31.7% |
| Spain | 1.4 | 19.4 | 12.0 | 20.6 | 145.0% |
| Ireland | 67.1 | 16.1 | 7.7 | 15.1 | -39.2% |
| Azerbaijan | N/A | 1.9 | 2.0 | 11.3 | 143.9% |
| United Arab Emirates | 96.5 | N/A | N/A | N/A | 0% |
| Others | 28.9 | 51.0 | 76.1 | 79.7 | 40.2% |
| Total | 425 | 440 | 743 | 1,044 | 34.9% |
Top Suppliers of Horses; Live, Other than Pure-Bred Breeding Animals to Turkey in 2022:
- Netherlands (211.0 units)
- Germany (73.0 units)
- Belgium (53.0 units)
- Bulgaria (51.0 units)
- Azerbaijan (38.0 units)
- France (21.0 units)
- Spain (18.0 units)
- Hungary (17.0 units)
- United States (9.0 units)
- Ireland (6.0 units)
Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Turkey
In 2022, exports of horses; live, other than pure-bred breeding animalses from Turkey declined to 571 units, dropping by -9.5% against the previous year. The total export volume increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, the exports reached the peak of 631 units, and then contracted in the following year.
In value terms, exports of horses; live, other than pure-bred breeding animalses soared to $289K in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.9% 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 +64.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Horses; Live, Other than Pure-Bred Breeding Animals in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | N/A | N/A | N/A | 145 | 0% |
| Iraq | 171 | 152 | 112 | 85.4 | -20.7% |
| Mongolia | N/A | N/A | N/A | 24.1 | 0% |
| Bulgaria | 21.1 | N/A | 18.3 | 20.7 | -0.6% |
| Hungary | 26.0 | N/A | 18.3 | 10.3 | -26.6% |
| Iran | 19.6 | 16.0 | N/A | 1.9 | -54.1% |
| Kazakhstan | N/A | N/A | 4.2 | N/A | 0% |
| Kyrgyzstan | N/A | 7.6 | 29.8 | N/A | 292.1% |
| Others | 5.8 | 0.1 | 1.8 | 1.3 | -39.3% |
| Total | 243 | 176 | 184 | 289 | 5.9% |
Top Export Markets for Horses; Live, Other than Pure-Bred Breeding Animals from Turkey in 2022:
- Iraq (498.0 units)
- Bulgaria (31.0 units)
- Mongolia (15.0 units)
- Hungary (12.0 units)
- Ireland (9.0 units)
- Iran (3.0 units)
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