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

Contents:

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

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

In 2022, the average export price for horses; live, pure-bred breeding animalses amounted to $31,942 per unit, falling by -8.9% against the previous year. In general, the export price showed a deep contraction. The growth pace was the most rapid in 2014 an increase of 40% against the previous year. As a result, the export price attained the peak level of $97,482 per unit. From 2015 to 2022, the average 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 France ($122,092 per unit), while the average price for exports to Belgium ($4,351 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 Saudi Arabia (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for horses; live, pure-bred breeding animalses amounted to $28,524 per unit, with a decrease of -16.6% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 86%. Over the period under review, average import prices attained the maximum at $131,844 per unit in 2015; however, from 2016 to 2022, import prices remained at a 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 France ($117,452 per unit), while the price for Belgium ($1,514 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of horses; live, pure-bred breeding animalses decreased by -2% to 17K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 78% against the previous year. As a result, the exports reached the peak of 17K units, and then declined in the following year.

In value terms, horses; live, pure-bred breeding animals exports reduced to $537M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. As a result, the exports reached the peak of $601M, and then declined in the following year.

Export of Horses; Live, Pure-Bred Breeding Animals in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland25126240935111.8%
United States26.719.137.558.930.2%
France44.062.544.034.8-7.5%
Japan18.132.048.020.33.9%
Switzerland0.30.20.13.9135.1%
Italy2.53.74.72.4-1.4%
Belgium0.10.11.32.3184.4%
Others60.351.856.462.71.3%
Total40343260153710.0%

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

  1. United States (6.5K units)
  2. Ireland (4.4K units)
  3. Japan (1.6K units)
  4. Switzerland (0.8K units)
  5. Belgium (0.5K units)
  6. Italy (0.3K units)
  7. France (0.3K units)

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

For the fourth year in a row, the UK recorded growth in purchases abroad of horses; live, pure-bred breeding animalses, which increased by 85% to 23K units in 2022. Overall, imports recorded 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 surged to $653M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland3934083735028.5%
France71.160.032.075.62.1%
United States24.56.611.244.021.6%
NetherlandsN/AN/AN/A6.10%
Argentina0.91.11.72.234.7%
Belgium0.80.20.11.831.0%
Others17.99.74.821.66.5%
Total5084854236538.7%

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

  1. Ireland (14.4K units)
  2. Netherlands (3.9K units)
  3. Belgium (1.2K units)
  4. United States (1.1K units)
  5. France (0.6K units)
  6. Argentina (0.4K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Horses; live, pure-bred breeding animals - United Kingdom