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

Contents:

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

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

The average import price for horses; live, pure-bred breeding animalses stood at $1,090 per unit in 2022, which is down by -30.1% against the previous year. In general, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2014 an increase of 37%. Over the period under review, average import prices hit record highs at $6,847 per unit in 2015; however, from 2016 to 2022, import prices stood 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 Panama ($2,471 per unit), while the price for the United States totaled $996 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (-3.4%).

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

In 2022, the average export price for horses; live, pure-bred breeding animalses amounted to $8,146 per unit, surging by 31% against the previous year. Overall, the export price, however, saw a mild downturn. The most prominent rate of growth was recorded in 2021 an increase of 214% against the previous year. The export price peaked at $9,562 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($15,189 per unit), while the average price for exports to the United States ($7,110 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 Dominican Republic (+15.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 313 units of horses; live, pure-bred breeding animalses were imported into Venezuela; growing by 2,745% compared with 2021 figures. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, horses; live, pure-bred breeding animals imports skyrocketed to $341K in 2022. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Horses; Live, Pure-Bred Breeding Animals in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States63.319.213.629266.5%
Panama7.54.53.649.487.5%
OthersN/AN/AN/AN/A0%
Total70.823.717.234168.9%

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

  1. United States (293.0 units)
  2. Panama (20.0 units)

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

Horses; live, pure-bred breeding animals exports from Venezuela soared to 13 units in 2022, rising by 44% compared with 2021 figures. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 200%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, horses; live, pure-bred breeding animals exports soared to $106K in 2022. Overall, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 842% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Horses; Live, Pure-Bred Breeding Animals in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama10.00.520.055.276.7%
United States54.44.327.035.6-13.2%
Dominican Republic12.01.28.915.28.2%
OthersN/AN/AN/AN/A0%
Total76.55.955.910611.5%

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

  1. Panama (7.0 units)
  2. United States (5.0 units)
  3. Dominican Republic (1.0 units)

Source: IndexBox Market Intelligence Platform

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