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

Contents:

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

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

In 2022, the average import price for horses; live, pure-bred breeding animalses amounted to $5,203 per unit, surging by 37% against the previous year. Over the period under review, the import price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 282% against the previous year. The import price peaked at $13,048 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($5,378 per unit), while the price for China amounted to $5,028 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+93.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for horses; live, pure-bred breeding animalses stood at $1,432 per unit in 2022, picking up by 122% against the previous year. Over the period under review, the export price enjoyed modest growth. The growth pace was the most rapid in 2020 when the average export price increased by 255% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +134.1% per year.

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

In 2022, supplies from abroad of horses; live, pure-bred breeding animalses decreased by -98.4% to 2 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2021 when imports increased by 307%. As a result, imports attained the peak of 122 units, and then dropped sharply in the following year.

In value terms, horses; live, pure-bred breeding animals imports fell notably to $10K in 2022. Over the period under review, imports showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 576%. Imports peaked at $464K in 2021, and then fell dramatically in the following year.

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

1. United States (1.0 units)
2. China (1.0 units)

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

In 2022, exports of horses; live, pure-bred breeding animalses from Malaysia fell notably to 1 units, reducing by -90.9% against 2021. Over the period under review, exports recorded a dramatic setback. The pace of growth appeared the most rapid in 2021 when exports increased by 120% against the previous year. Over the period under review, the exports attained the peak figure at 12 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 contracted rapidly to $1.4K in 2022. Overall, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 118%. As a result, the exports attained the peak of $7.1K, and then dropped rapidly in the following year.

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

1. Singapore (1.0 units)

Source: IndexBox Market Intelligence Platform