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

Contents:

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

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

The average import price for horses; live, other than pure-bred breeding animalses stood at $7,744 per unit in 2022, with an increase of 122% against the previous year. Overall, the import price recorded significant growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 618%. The import price peaked at $16,607 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($17,059 per unit), while the price for Thailand ($644 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+332.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas purchases of horses; live, other than pure-bred breeding animalses decreased by -40% to 3 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded a precipitous decline. Over the period under review, imports of attained the maximum at 11 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of horses; live, other than pure-bred breeding animalses skyrocketed to $23K in 2022. In general, imports showed a sharp curtailment. Over the period under review, imports of reached the maximum at $165K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Horses; Live, Other than Pure-Bred Breeding Animals in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3.81.93.517.165.1%
Belgium12.97.76.05.5-24.7%
Thailand4.30.80.60.6-48.1%
New Zealand3.0N/AN/AN/A0%
Luxembourg3.58.0N/AN/A128.6%
South Africa87.7N/AN/AN/A0%
Lao People's Democratic RepublicN/A4.96.4N/A30.6%
Others49.5N/A0.9N/A-86.5%
Total16523.217.423.2-48.0%

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

  1. Belgium (1.0 units)
  2. Thailand (1.0 units)
  3. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform

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