Price for Horses; Live, Pure-Bred Breeding Animals in Canada - 2023
Contents:
- Price for Horses; Live, Pure-Bred Breeding Animals in Canada (FOB) - 2023
- Price for Horses; Live, Pure-Bred Breeding Animals in Canada (CIF) - 2022
- Exports of Horses; Live, Pure-Bred Breeding Animals in Canada
- Imports of Horses; Live, Pure-Bred Breeding Animals in Canada
Price for Horses; Live, Pure-Bred Breeding Animals in Canada (FOB) - 2023
The average export price for horses; live, pure-bred breeding animalses stood at $7,859 per unit in June 2023, growing by 98% against the previous month. In general, the export price posted temperate growth. The most prominent rate of growth was recorded in January 2023 an increase of 185% m-o-m. The export price peaked at $9,355 per unit in February 2023; afterwards, it flattened through to June 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +3.4% per month.
Price for Horses; Live, Pure-Bred Breeding Animals in Canada (CIF) - 2022
The average import price for horses; live, pure-bred breeding animalses stood at $11,139 per unit in 2022, growing by 96% against the previous year. In general, the import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of 198% against the previous year. As a result, import price attained the peak level of $12,535 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($253 per unit), while the price for the UK ($70 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Horses; Live, Pure-Bred Breeding Animals in Canada
After three years of growth, shipments abroad of horses; live, pure-bred breeding animalses decreased by -8.1% to 1K units in 2022. Overall, exports showed a slight descent. The pace of growth appeared the most rapid in 2021 when exports increased by 4.2% against the previous year. As a result, the exports attained the peak of 1.1K units, and then contracted in the following year.
In value terms, horses; live, pure-bred breeding animals exports fell significantly to $6.5M in 2022. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year. Over the period under review, the exports hit record highs at $12M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Horses; Live, Pure-Bred Breeding Animals in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.3 | 5.6 | 6.2 | 4.7 | -23.0% |
| Japan | 0.1 | 0.1 | 1.1 | 0.8 | 100.0% |
| Italy | 0.4 | 0.4 | 0.4 | 0.4 | 0.0% |
| Australia | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| United Kingdom | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Germany | 0.6 | N/A | N/A | 0.1 | -45.0% |
| Others | 0.6 | 0.3 | 0.3 | 0.2 | -30.7% |
| Total | 12.2 | 6.6 | 8.4 | 6.5 | -18.9% |
Top Export Markets for Horses; Live, Pure-Bred Breeding Animals from Canada in 2022:
- United States (111.3K units)
- Japan (19.8K units)
- Germany (15.0K units)
- Italy (9.2K units)
- Australia (4.4K units)
- United Kingdom (2.7K units)
Imports of Horses; Live, Pure-Bred Breeding Animals in Canada
In 2022, horses; live, pure-bred breeding animals imports into Canada reduced rapidly to 323 units, falling by -65.2% against 2021. In general, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 138% against the previous year. As a result, imports reached the peak of 927 units, and then dropped markedly in the following year.
In value terms, horses; live, pure-bred breeding animals imports dropped sharply to $3.6M in 2022. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 93% against the previous year. As a result, imports reached the peak of $5.3M, and then fell dramatically in the following year.
| Import of Horses; Live, Pure-Bred Breeding Animals in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,791 | 1,899 | 3,500 | 2,620 | -11.6% |
| Italy | 203 | 202 | 228 | 197 | -1.0% |
| United Kingdom | 16.8 | 5.7 | 168 | 126 | 95.7% |
| Netherlands | 379 | 30.4 | 95.0 | 109 | -34.0% |
| Others | 524 | 589 | 1,266 | 547 | 1.4% |
| Total | 4,914 | 2,726 | 5,256 | 3,598 | -9.9% |
Top Suppliers of Horses; Live, Pure-Bred Breeding Animals to Canada in 2022:
- United States (10.4K units)
- United Kingdom (1.8K units)
- Italy (0.8K units)
- Netherlands (0.5K units)
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