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

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

The average import price for horses; live, pure-bred breeding animalses stood at $3,774 per unit in 2022, jumping by 62% against the previous year. In general, the import price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 511% against the previous year. As a result, import price reached the peak level of $16,404 per unit. From 2019 to 2022, the average 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 Germany ($9,904 per unit), while the price for Russia totaled $2,753 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+124.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for horses; live, pure-bred breeding animalses stood at $2,708 per unit in 2022, picking up by 24% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 136%. As a result, the export price reached the peak level of $5,155 per unit. From 2020 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +9.9% per year.

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

In 2022, imports of horses; live, pure-bred breeding animalses into Estonia skyrocketed to 14 units, growing by 17% on 2021. Overall, imports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, imports reached the peak of 21 units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, horses; live, pure-bred breeding animals imports surged to $53K in 2022. Over the period under review, imports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 154%. As a result, imports attained the peak of $198K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Horses; Live, Pure-Bred Breeding Animals in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	0.7	12.8	28.0	33.0	261.2%
Germany	29.2	17.2	N/A	19.8	-12.1%
Hungary	5.4	N/A	N/A	N/A	0%
Sweden	N/A	23.8	N/A	N/A	0%
Finland	24.8	96.7	N/A	N/A	289.9%
Denmark	7.0	N/A	N/A	N/A	0%
Netherlands	10.9	47.5	N/A	N/A	335.8%
Others	N/A	N/A	N/A	N/A	0%
Total	77.9	198	28.0	52.8	-12.2%

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

Russia (12.0 units)
Germany (2.0 units)

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

Horses; live, pure-bred breeding animals exports from Estonia surged to 26 units in 2022, jumping by 189% compared with 2021. In general, exports saw a relatively flat trend pattern. 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 $70K in 2022. Over the period under review, exports, however, saw a drastic downturn. Over the period under review, the exports reached the maximum at $134K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.