Price for Horses, Asses, Mules and Hinnies; Live, Pure-Bred Breeding Animals in Ethiopia - 2022
Contents:
- Price for Horses, Asses, Mules and Hinnies; Live, Pure-Bred Breeding Animals in Ethiopia (CIF) - 2022
- Imports of Horses, Asses, Mules and Hinnies; Live, Pure-Bred Breeding Animals in Ethiopia
Price for Horses, Asses, Mules and Hinnies; Live, Pure-Bred Breeding Animals in Ethiopia (CIF) - 2022
The average import price for horses, asses, mules and hinnies; live, pure-bred breeding animalses stood at $15,860 per unit in 2022, with an increase of 20% against the previous year. Over the period under review, the import price posted a prominent increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 20% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
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 the United Arab Emirates ($31,712 per unit), while the price for China stood at $15 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+23.2%).
Imports of Horses, Asses, Mules and Hinnies; Live, Pure-Bred Breeding Animals in Ethiopia
In 2022, overseas purchases of horses, asses, mules and hinnies; live, pure-bred breeding animalses decreased by 0% to 3 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a abrupt decrease. The smallest decline of -25% was in 2020. Imports peaked at 4 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of horses, asses, mules and hinnies; live, pure-bred breeding animalses soared to $63K in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
Import of Horses, Asses, Mules and Hinnies; Live, Pure-Bred Breeding Animals in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 36.7 | 44.0 | 52.9 | 63.4 | 20.0% |
China | N/A | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 36.7 | 44.1 | 52.9 | 63.4 | 20.0% |
Top Suppliers of Horses, Asses, Mules and Hinnies; Live, Pure-Bred Breeding Animals to Ethiopia in 2022:
- United Arab Emirates (2.0 units)
- China (1.0 units)
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