Price for Horses; Live, Pure-Bred Breeding Animals in Kenya - 2021

Contents:

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

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

In 2022, the average import price for horses; live, pure-bred breeding animalses amounted to $788 per unit, picking up by 3.5% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, horses; live, pure-bred breeding animals import price decreased by -16.0% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 33%. As a result, import price attained the peak level of $938 per unit. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($1,317 per unit), while the price for Zambia totaled $662 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+435.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for horses; live, pure-bred breeding animalses stood at $1,116 per unit in 2022, reducing by -4.7% against the previous year. Overall, the export price, however, posted a tangible expansion. The pace of growth was the most pronounced in 2019 an increase of 85%. The export price peaked at $1,186 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($1,825 per unit), while the average price for exports to Tanzania ($70 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 Uganda (+37.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 42 units of horses; live, pure-bred breeding animalses were imported into Kenya; shrinking by -33.3% compared with the previous year. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 186% against the previous year. As a result, imports attained the peak of 63 units, and then shrank markedly in the following year.

In value terms, horses; live, pure-bred breeding animals imports fell notably to $33K in 2022. Over the period under review, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 152%. As a result, imports reached the peak of $48K, and then dropped sharply in the following year.

Import of Horses; Live, Pure-Bred Breeding Animals in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa39.721.012.731.1-7.8%
Zambia19.69.70.18.2-25.2%
Zimbabwe5.1N/AN/AN/A0%
NetherlandsN/AN/A1.8N/A0%
Others-41.9-11.633.4-5.8-48.3%
Total22.519.047.933.514.2%

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

  1. South Africa (24.0 units)
  2. Zambia (12.0 units)

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

In 2022, overseas shipments of horses; live, pure-bred breeding animalses decreased by 0% to 2 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports faced a sharp descent. The smallest decline of -66.7% was in 2020. Over the period under review, the exports attained the maximum at 6 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, horses; live, pure-bred breeding animals exports shrank modestly to $2.2K in 2022. Overall, exports recorded a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 10%. The exports peaked at $4.5K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Horses; Live, Pure-Bred Breeding Animals in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania2.61.10.21.2-22.7%
Rwanda1.40.50.30.6-24.6%
CanadaN/AN/A1.4N/A0%
Others0.50.50.50.50.0%
Total4.52.12.32.2-21.2%

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

  1. Tanzania (17.0 units)

Source: IndexBox Market Intelligence Platform

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