Price for Horses; Live, Pure-Bred Breeding Animals in the Dominican Republic - 2023

Contents:

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

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

The average import price for horses; live, pure-bred breeding animalses stood at $6,012 per unit in 2022, falling by -24.3% against the previous year. Overall, the import price, however, recorded slight growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 168% against the previous year. As a result, import price attained the peak level of $15,957 per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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 Colombia ($18,427 per unit), while the price for the United States ($3,471 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+95.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for horses; live, pure-bred breeding animalses amounted to $878 per unit, declining by -56.1% against the previous year. In general, the export price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2013 an increase of 33% against the previous year. The export price peaked at $2,000 per unit in 2021, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,000 per unit), while the average price for exports to Turks and Caicos Islands stood at $791 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.2%).

Imports of Horses; Live, Pure-Bred Breeding Animals in the Dominican Republic

In 2022, imports of horses; live, pure-bred breeding animalses into the Dominican Republic skyrocketed to 76 units, picking up by 533% compared with the year before. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, horses; live, pure-bred breeding animals imports soared to $457K in 2022. Overall, imports posted a significant increase. 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 the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia51.067.960.616648.2%
United States53.812816.516043.8%
Argentina24.2N/A18.213175.6%
Spain7.78.0N/AN/A3.9%
Others12.0N/AN/AN/A0%
Total14920495.345745.3%

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

  1. United States (46.0 units)
  2. Argentina (21.0 units)
  3. Colombia (9.0 units)

Exports of Horses; Live, Pure-Bred Breeding Animals in the Dominican Republic

In 2022, approx. 14 units of horses; live, pure-bred breeding animalses were exported from the Dominican Republic; surging by 1,300% compared with 2021 figures. In general, exports continue to indicate a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, horses; live, pure-bred breeding animals exports surged to $12K in 2022. Overall, exports saw prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Horses; Live, Pure-Bred Breeding Animals in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turks and Caicos IslandsN/AN/AN/A10.30%
United States4.0N/A2.02.0-20.6%
Haiti4.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total8.0N/A2.012.315.4%

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

  1. Turks and Caicos Islands (13.0 units)
  2. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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