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

Contents:

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

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

The average import price for horses; live, pure-bred breeding animalses stood at $4,615 per unit in 2022, increasing by 9.2% against the previous year. Over the period under review, the import price, however, recorded a slight decline. The growth pace was the most rapid in 2017 when the average import price increased by 35%. The import price peaked at $6,608 per unit in 2013; however, from 2014 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 Chile ($14,849 per unit), while the price for Argentina ($3,169 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+40.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for horses; live, pure-bred breeding animalses amounted to $1,349 per unit, falling by -56.6% against the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2019 an increase of 63% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,110 per unit in 2021, and then fell notably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($2,167 per unit), while the average price for exports to Paraguay ($1,155 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 the United Arab Emirates (+8.8%), while the prices for the other major destinations experienced a decline.

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

After two years of decline, overseas purchases of horses; live, pure-bred breeding animalses increased by 106% to 175 units in 2022. In general, imports, however, recorded a noticeable slump. Over the period under review, imports attained the maximum at 189 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, horses; live, pure-bred breeding animals imports skyrocketed to $808K in 2022. Over the period under review, imports posted prominent 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 Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil463272171421-3.1%
United States41.890.042.025282.0%
Argentina10516071.182.4-7.8%
Others88.710275.651.9-16.4%
Total6996243598084.9%

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

  1. Brazil (126.0 units)
  2. Argentina (26.0 units)
  3. United States (19.0 units)

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

In 2022, approx. 170 units of horses; live, pure-bred breeding animalses were exported from Uruguay; increasing by 209% against the previous year. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, horses; live, pure-bred breeding animals exports skyrocketed to $229K in 2022. The total export value increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Horses; Live, Pure-Bred Breeding Animals in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay38.844.440.716261.0%
Brazil5.61.49.136.286.3%
Germany15.63.69.313.5-4.7%
Argentina9.04.95.06.5-10.3%
Chile6.77.811.2N/A29.3%
Belgium5.95.719.4N/A81.3%
United States96.120.54.8N/A-77.7%
United Arab Emirates6.178.325.6N/A104.9%
Others12.918.446.011.4-4.0%
Total1971851712295.1%

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

  1. Paraguay (140.0 units)
  2. Brazil (20.0 units)
  3. Argentina (3.0 units)
  4. Germany (2.0 units)

Source: IndexBox Market Intelligence Platform

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