Price for Horses; Live, Pure-Bred Breeding Animals in Tanzania - 2022

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

The average import price for horses; live, pure-bred breeding animalses stood at $627 per unit in 2022, which is down by -29.7% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 974% against the previous year. The import price peaked at $892 per unit in 2021, and then fell remarkably in the following year.

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 South Africa ($661 per unit), while the price for Kenya amounted to $416 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+11.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for horses; live, pure-bred breeding animalses stood at $652 per unit in 2022, declining by -52% against the previous year. Overall, the export price, however, showed prominent growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 869%. As a result, the export price reached the peak level of $4,259 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +2,781.5% per year.

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

In 2022, overseas purchases of horses; live, pure-bred breeding animalses decreased by -14.7% to 29 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 433% against the previous year. Over the period under review, imports hit record highs at 34 units in 2021, and then dropped in the following year.

In value terms, horses; live, pure-bred breeding animals imports reduced remarkably to $18K in 2022. In general, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 366% against the previous year. Over the period under review, imports hit record highs at $30K in 2021, and then declined notably in the following year.

Import of Horses; Live, Pure-Bred Breeding Animals in Tanzania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Africa	1.2	17.5	27.1	16.5	139.6%
Kenya	2.1	3.7	1.4	1.7	-6.8%
Others	1.4	0.5	1.8	N/A	13.4%
Total	4.7	21.8	30.3	18.2	57.0%

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

South Africa (25.0 units)
Kenya (4.0 units)

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

For the third year in a row, Tanzania recorded decline in overseas shipments of horses; live, pure-bred breeding animalses, which decreased by -50% to 1 units in 2022. In general, exports recorded a sharp decrease. The smallest decline of -33.3% was in 2021. The exports peaked at 5 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, horses; live, pure-bred breeding animals exports declined dramatically to $652 in 2022. Overall, exports continue to indicate a precipitous curtailment. The smallest decline of -51% was in 2021. Over the period under review, the exports hit record highs at $11K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.