Price for Horses; Live, Pure-Bred Breeding Animals in Saudi Arabia - 2021
Contents:
- Price for Horses; Live, Pure-Bred Breeding Animals in Saudi Arabia (FOB) - 2022
- Exports of Horses; Live, Pure-Bred Breeding Animals in Saudi Arabia
Price for Horses; Live, Pure-Bred Breeding Animals in Saudi Arabia (FOB) - 2022
The average export price for horses; live, pure-bred breeding animalses stood at $8,387 per unit in 2022, leveling off at the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 38% against the previous year. Over the period under review, the average export prices attained the peak figure at $10,364 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
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 Germany ($2,561 per unit), while the average price for exports to Kuwait ($132 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 France (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Horses; Live, Pure-Bred Breeding Animals in Saudi Arabia
Horses; live, pure-bred breeding animals exports from Saudi Arabia dropped to 14 units in 2022, which is down by -6.7% against the year before. In general, exports showed a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 25%. The exports peaked at 28 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 dropped to $113K in 2022. Over the period under review, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. The exports peaked at $207K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Horses; Live, Pure-Bred Breeding Animals in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 74.8 | 29.3 | 13.6 | 24.6 | -31.0% |
| United Arab Emirates | 11.2 | 13.8 | 17.1 | 15.4 | 11.2% |
| Belgium | 53.2 | 9.6 | 4.0 | 12.9 | -37.6% |
| France | 5.5 | 10.0 | 12.8 | 11.5 | 27.9% |
| United Kingdom | 9.8 | 8.6 | 12.1 | 10.9 | 3.6% |
| Netherlands | 16.8 | 4.4 | 10.3 | 9.3 | -17.9% |
| Germany | 12.2 | 9.0 | 8.4 | 8.1 | -12.8% |
| Kuwait | 8.9 | 5.9 | 4.9 | 4.3 | -21.5% |
| Sudan | 6.0 | 3.7 | 2.8 | 2.2 | -28.4% |
| Oman | 1.5 | 3.4 | N/A | N/A | 126.7% |
| Others | 7.1 | 3.3 | 39.5 | 14.0 | 25.4% |
| Total | 207 | 101 | 125 | 113 | -18.3% |
Top Export Markets for Horses; Live, Pure-Bred Breeding Animals from Saudi Arabia in 2022:
- United Arab Emirates (37.0 units)
- Kuwait (33.0 units)
- Jordan (28.0 units)
- Netherlands (17.0 units)
- Belgium (14.0 units)
- France (8.0 units)
- United Kingdom (6.0 units)
- Sudan (3.0 units)
- Germany (3.0 units)
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