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

Contents:

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

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

In 2022, the average export price for horses; live, pure-bred breeding animalses amounted to $3,715 per unit, falling by -15.6% against the previous year. In general, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 1,407%. As a result, the export price reached the peak level of $25,151 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritius ($16,762 per unit), while the average price for exports to Botswana ($171 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 Eritrea (+53.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for horses; live, pure-bred breeding animalses amounted to $2,131 per unit, shrinking by -40.6% against the previous year. Overall, the import price, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 1,732%. The import price peaked at $3,613 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Netherlands ($6,835 per unit), while the price for France ($100 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.9%), while the prices for the other major suppliers experienced a decline.

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

After three years of growth, shipments abroad of horses; live, pure-bred breeding animalses decreased by -46.8% to 377 units in 2022. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 94%. As a result, the exports attained the peak of 708 units, and then fell markedly in the following year.

In value terms, horses; live, pure-bred breeding animals exports fell dramatically to $1.4M in 2022. Over the period under review, exports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 4.8% against the previous year. Over the period under review, the exports hit record highs at $3.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Horses; Live, Pure-Bred Breeding Animals in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mauritius2,6741,5292,7141,187-23.7%
Ghana4.06.267.1162243.4%
Kenya43.613.022.916.6-27.5%
Mozambique42.33.57.510.4-37.4%
Botswana1.01.14.55.172.1%
Nigeria11566.4109N/A-2.6%
United Kingdom4601,277N/AN/A177.6%
Zambia6.71.23.3N/A-29.8%
Others99.077.218919.7-41.6%
Total3,4462,9753,1171,401-25.9%

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

  1. Mauritius (71.0 units)
  2. Ghana (63.0 units)
  3. Botswana (30.0 units)
  4. Mozambique (10.0 units)
  5. Kenya (10.0 units)

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

In 2022, approx. 10K units of horses; live, pure-bred breeding animalses were imported into South Africa; increasing by 6,590% compared with 2021. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, horses; live, pure-bred breeding animals imports skyrocketed to $22M in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Horses; Live, Pure-Bred Breeding Animals in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands32.544.322.421888.6%
Germany25.20.425.475.544.2%
France13.29.419.335.338.8%
Belgium32.42.433.032.2-0.2%
Niger39.410.3N/AN/A-73.9%
Argentina15.19.314.8N/A-1.0%
Namibia3.91.33.4N/A-6.6%
United Arab Emirates10680.9159N/A22.5%
Australia335176240N/A-15.4%
Others28034.344.021,882327.5%
Total88336956122,243193.1%

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

  1. Belgium (undefinedK units)
  2. Netherlands (undefinedK units)
  3. Germany (0.7K units)
  4. France (0.4K units)

Source: IndexBox Market Intelligence Platform

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