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

Contents:

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

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

The average import price for horses; live, pure-bred breeding animalses stood at $539,036 per unit in 2022, which is down by -12.1% against the previous year. Over the period under review, the import price saw a mild decrease. The growth pace was the most rapid in 2018 an increase of 23%. The import price peaked at $718,734 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($775,964 per unit), while the price for Argentina ($256,547 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for horses; live, pure-bred breeding animalses amounted to $369,453 per unit, shrinking by -52.7% against the previous year. Over the period under review, the export price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 373% against the previous year. Over the period under review, the average export prices hit record highs at $780,908 per unit in 2021, and then declined significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($1,121,449 per unit), while the average price for exports to South Korea ($41,883 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 Australia (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, purchases abroad of horses; live, pure-bred breeding animalses decreased by -22% to 142 units in 2022. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 34% against the previous year. Over the period under review, imports reached the maximum at 182 units in 2021, and then contracted notably in the following year.

In value terms, horses; live, pure-bred breeding animals imports dropped remarkably to $77M in 2022. Overall, total imports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 38%. Imports peaked at $112M in 2021, and then dropped sharply in the following year.

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

1. United States (55.0 units)
2. Ireland (33.0 units)
3. United Kingdom (23.0 units)
4. Argentina (14.0 units)
5. France (4.0 units)
6. Australia (3.0 units)
7. Germany (2.0 units)

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

Horses; live, pure-bred breeding animals exports from Japan soared to 31 units in 2022, jumping by 121% against the year before. Over the period under review, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 180%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, horses; live, pure-bred breeding animals exports reached $11M in 2022. In general, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 931%. Over the period under review, the exports hit record highs at $15M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. United Kingdom (13.0 units)
2. Australia (9.0 units)
3. Germany (6.0 units)
4. South Korea (2.0 units)
5. United States (1.0 units)

Source: IndexBox Market Intelligence Platform