Price for Horses; Live, Pure-Bred Breeding Animals in Hungary - 2023

Contents:

  1. Price for Horses; Live, Pure-Bred Breeding Animals in Hungary (CIF) - 2022
  2. Price for Horses; Live, Pure-Bred Breeding Animals in Hungary (FOB) - 2022
  3. Imports of Horses; Live, Pure-Bred Breeding Animals in Hungary
  4. Exports of Horses; Live, Pure-Bred Breeding Animals in Hungary

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

In 2022, the average import price for horses; live, pure-bred breeding animalses amounted to $56,042 per unit, surging by 91% against the previous year. Over the period under review, the import price posted significant growth. The pace of growth appeared the most rapid in 2018 an increase of 330% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($101,347 per unit), while the price for Ukraine ($1,026 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+409.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Horses; Live, Pure-Bred Breeding Animals in Hungary (FOB) - 2022

In 2022, the average export price for horses; live, pure-bred breeding animalses amounted to $3,474 per unit, which is down by -87.7% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The growth pace was the most rapid in 2017 when the average export price increased by 407% against the previous year. The export price peaked at $28,330 per unit in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($4,630 per unit), while the average price for exports to Serbia totaled $1,741 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+370.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Horses; Live, Pure-Bred Breeding Animals in Hungary

After three years of growth, overseas purchases of horses; live, pure-bred breeding animalses decreased by -77.9% to 15 units in 2022. In general, imports, however, posted a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 325%. As a result, imports attained the peak of 68 units, and then dropped significantly in the following year.

In value terms, horses; live, pure-bred breeding animals imports shrank rapidly to $841K in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 548% against the previous year. As a result, imports reached the peak of $2M, and then plummeted in the following year.

Import of Horses; Live, Pure-Bred Breeding Animals in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany76.1N/A735709110.4%
SlovakiaN/AN/AN/A81.30%
NetherlandsN/A10883927.9-49.2%
United KingdomN/AN/A20810.9-94.8%
SwitzerlandN/AN/A6.36.30.0%
RussiaN/A8.68.02.6-45.0%
Ukraine1.4N/AN/A2.114.5%
BelgiumN/A4.3122N/A2737.2%
Sweden129166N/AN/A28.7%
FranceN/A1.80.1N/A-94.4%
AustriaN/AN/A65.9N/A0%
Serbia3.31.24.4N/A15.5%
ItalyN/A16.91.5N/A-91.1%
OthersN/AN/AN/AN/A0%
Total2103071,99084158.8%

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

  1. Germany (7.0 units)
  2. Ukraine (2.0 units)
  3. United Kingdom (2.0 units)
  4. Netherlands (1.0 units)
  5. Slovakia (1.0 units)
  6. Switzerland (1.0 units)
  7. Russia (1.0 units)

Exports of Horses; Live, Pure-Bred Breeding Animals in Hungary

In 2022, shipments abroad of horses; live, pure-bred breeding animalses was finally on the rise to reach 5 units after two years of decline. In general, exports, however, continue to indicate a sharp setback. Over the period under review, the exports hit record highs at 53 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, horses; live, pure-bred breeding animals exports reduced rapidly to $17K in 2022. Overall, exports, however, saw a dramatic setback. The smallest decline of -24.9% was in 2021. Over the period under review, the exports reached the maximum at $594K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Horses; Live, Pure-Bred Breeding Animals in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A13.90%
Serbia19.12.6N/A3.5-43.2%
China571N/AN/AN/A0%
GermanyN/AN/A33.4N/A0%
ItalyN/AN/A23.2N/A0%
NetherlandsN/A72.9N/AN/A0%
Romania0.2N/AN/AN/A0%
Others3.4N/AN/AN/A0%
Total59475.556.717.4-69.2%

Top Export Markets for Horses; Live, Pure-Bred Breeding Animals from Hungary in 2022:

  1. Switzerland (3.0 units)
  2. Serbia (2.0 units)

Source: IndexBox Market Intelligence Platform

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