Price for Horses; Live, Pure-Bred Breeding Animals in the United States - 2023
Contents:
- Price for Horses; Live, Pure-Bred Breeding Animals in the United States (FOB) - 2022
- Price for Horses; Live, Pure-Bred Breeding Animals in the United States (CIF) - 2022
- Exports of Horses; Live, Pure-Bred Breeding Animals in the United States
- Imports of Horses; Live, Pure-Bred Breeding Animals in the United States
Price for Horses; Live, Pure-Bred Breeding Animals in the United States (FOB) - 2022
In 2022, the average export price for horses; live, pure-bred breeding animalses amounted to $3,237 per unit, reducing by -29.7% against the previous year. Over the period under review, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices attained the peak figure at $8,924 per unit in 2016; however, from 2017 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 the United Arab Emirates ($12,827 per unit), while the average price for exports to Malaysia ($1,443 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 Australia (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Horses; Live, Pure-Bred Breeding Animals in the United States (CIF) - 2022
The average import price for horses; live, pure-bred breeding animalses stood at $43,490 per unit in 2022, surging by 6.5% against the previous year. Over the period under review, the import price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 57% against the previous year. The import price peaked at $56,142 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($240,896 per unit), while the price for Mexico ($1,530 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Horses; Live, Pure-Bred Breeding Animals in the United States
In 2022, the amount of horses; live, pure-bred breeding animalses exported from the United States soared to 56K units, jumping by 35% against 2021 figures. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, horses; live, pure-bred breeding animals exports reduced to $182M in 2022. Over the period under review, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 2.4% against the previous year. The exports peaked at $250M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Horses; Live, Pure-Bred Breeding Animals in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 67.4 | 49.3 | 88.1 | 61.8 | -2.8% |
| United Kingdom | 45.7 | 32.6 | 38.4 | 40.4 | -4.0% |
| Saudi Arabia | 2.8 | 8.9 | 4.7 | 16.1 | 79.2% |
| United Arab Emirates | 23.3 | 13.9 | 3.7 | 9.7 | -25.3% |
| Turkey | 4.6 | 2.0 | 3.6 | 8.5 | 22.7% |
| Netherlands | 4.6 | 3.8 | 1.3 | 6.8 | 13.9% |
| Ireland | 12.5 | 16.5 | 10.7 | 5.3 | -24.9% |
| France | 12.6 | 9.0 | 8.6 | 4.2 | -30.7% |
| Canada | 5.1 | 3.6 | 5.2 | 3.6 | -11.0% |
| Mexico | 4.6 | 1.3 | 8.0 | 1.8 | -26.9% |
| Malaysia | 0.1 | N/A | 0.4 | 1.8 | 162.1% |
| Chile | 7.5 | 13.3 | 0.8 | 0.6 | -56.9% |
| New Zealand | 23.8 | N/A | N/A | N/A | 0% |
| Others | 34.9 | 32.6 | 18.2 | 21.2 | -15.3% |
| Total | 250 | 187 | 191 | 182 | -10.0% |
Top Export Markets for Horses; Live, Pure-Bred Breeding Animals from the United States in 2022:
- Chile (undefinedK units)
- Japan (17.5K units)
- United Kingdom (14.1K units)
- Saudi Arabia (8.0K units)
- Turkey (3.4K units)
- Ireland (2.5K units)
- Netherlands (2.1K units)
- Mexico (1.2K units)
- Malaysia (1.2K units)
- United Arab Emirates (0.8K units)
- Canada (0.4K units)
- France (0.3K units)
Imports of Horses; Live, Pure-Bred Breeding Animals in the United States
In 2022, the amount of horses; live, pure-bred breeding animalses imported into the United States shrank to 2.5K units, with a decrease of -12.1% against the previous year. In general, imports saw a mild shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of 2.8K units, and then shrank in the following year.
In value terms, horses; live, pure-bred breeding animals imports dropped to $107M in 2022. Over the period under review, imports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Over the period under review, imports attained the peak figure at $114M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Horses; Live, Pure-Bred Breeding Animals in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 43.5 | 35.7 | 48.0 | 35.2 | -6.8% |
| United Kingdom | 19.4 | 20.8 | 24.7 | 22.0 | 4.3% |
| France | 13.5 | 8.6 | 11.3 | 17.1 | 8.2% |
| Belgium | 3.5 | 1.7 | 2.1 | 6.5 | 22.9% |
| Brazil | 6.6 | 4.3 | 2.0 | 5.1 | -8.2% |
| Canada | 10.0 | 5.8 | 5.0 | 5.1 | -20.1% |
| Germany | 1.6 | 3.9 | 4.2 | 3.3 | 27.3% |
| Netherlands | 1.2 | 1.4 | 3.5 | 2.7 | 31.0% |
| Argentina | 5.6 | 2.2 | 5.7 | 2.7 | -21.6% |
| Spain | 0.6 | 0.3 | 0.3 | 1.7 | 41.5% |
| Mexico | 0.5 | 0.4 | 0.7 | 0.8 | 17.0% |
| Others | 7.8 | 4.5 | 6.3 | 4.6 | -16.1% |
| Total | 114 | 89.7 | 114 | 107 | -2.1% |
Top Suppliers of Horses; Live, Pure-Bred Breeding Animals to the United States in 2022:
- Canada (900.0 units)
- Mexico (495.0 units)
- Argentina (186.0 units)
- Ireland (146.0 units)
- Belgium (137.0 units)
- United Kingdom (100.0 units)
- Netherlands (81.0 units)
- Brazil (78.0 units)
- Spain (78.0 units)
- France (76.0 units)
- Germany (49.0 units)
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