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

Contents:

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

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

In 2022, the average import price for horses; live, pure-bred breeding animalses amounted to $39,178 per unit, reducing by -7.8% against the previous year. In general, the import price, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2021 an increase of 119% against the previous year. The import price peaked at $49,520 per unit in 2019; however, from 2020 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 Germany ($2,368 per unit), while the price for the Netherlands ($643 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for horses; live, pure-bred breeding animalses amounted to $776 per unit, approximately reflecting the previous year. Over the period under review, the export price enjoyed strong growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 28% against the previous year. As a result, the export price reached the peak level of $777 per unit. From 2021 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($20 per unit), while the average price for exports to Sri Lanka ($19 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 Bangladesh (+263.3%), while the prices for the other major destinations experienced a decline.

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

After three years of growth, purchases abroad of horses; live, pure-bred breeding animalses decreased by -35.3% to 22 units in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 278%. As a result, imports attained the peak of 34 units, and then plummeted in the following year.

In value terms, horses; live, pure-bred breeding animals imports declined remarkably to $842K in 2022. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 728% against the previous year. As a result, imports attained the peak of $1.4M, and then shrank significantly in the following year.

Import of Horses; Live, Pure-Bred Breeding Animals in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom83.544.056151783.6%
Germany49.250.615814643.7%
Netherlands10053.747.913711.1%
Ireland25.418.340.629.75.4%
United States10.07.517.213.19.4%
OmanN/AN/A33.6N/A0%
Australia25.4N/AN/AN/A0%
Others3.30.55860.8-37.6%
Total2971741,44584241.5%

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

  1. United Kingdom (363.0 units)
  2. Netherlands (213.0 units)
  3. Germany (61.0 units)
  4. Ireland (23.0 units)
  5. United States (11.0 units)

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

In 2022, exports of horses; live, pure-bred breeding animalses from India dropped sharply to 8 units, waning by -38.5% against the previous year. In general, exports showed a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 333%. As a result, the exports attained the peak of 13 units, and then fell significantly in the following year.

In value terms, horses; live, pure-bred breeding animals exports declined sharply to $6.2K in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 333% against the previous year. As a result, the exports attained the peak of $10K, and then shrank sharply in the following year.

Export of Horses; Live, Pure-Bred Breeding Animals in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nepal5.10.64.14.3-5.5%
Sri Lanka0.91.61.51.621.1%
United Arab Emirates0.10.20.30.344.2%
GermanyN/AN/A0.3N/A0%
OthersN/AN/A3.8N/A0%
Total6.12.310.16.20.5%

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

  1. Nepal (220.0 units)
  2. Sri Lanka (83.0 units)
  3. United Arab Emirates (17.0 units)

Source: IndexBox Market Intelligence Platform

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