Price for Horses, Asses, Mules and Hinnies; Live, Pure-Bred Breeding Animals in India - 2022

Contents:

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

Price for Horses, Asses, Mules and Hinnies; Live, Pure-Bred Breeding Animals in India (CIF) - 2022

In 2022, the average import price for horses, asses, mules and hinnies; live, pure-bred breeding animalses amounted to $23,781 per unit, which is down by -2% against the previous year. In general, the import price recorded a slight descent. The most prominent rate of growth was recorded in 2020 when the average import price decreased by -0.6% against the previous year. The import price peaked at $28,624 per unit in 2012; however, from 2013 to 2022, 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 France ($381,285 per unit), while the price for the UK ($7,350 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Horses, Asses, Mules and Hinnies; Live, Pure-Bred Breeding Animals in India (FOB) - 2022

The average export price for horses, asses, mules and hinnies; live, pure-bred breeding animalses stood at $130 per unit in 2022, shrinking by -8% against the previous year. In general, the export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2018 a decrease of -8%. Over the period under review, the average export prices attained the maximum at $534 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nepal ($379 per unit), while the average price for exports to the United Arab Emirates ($21 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 Nepal (+1.4%), while the prices for the other major destinations experienced a decline.

Imports of Horses, Asses, Mules and Hinnies; Live, Pure-Bred Breeding Animals in India

For the third year in a row, India recorded decline in overseas purchases of horses, asses, mules and hinnies; live, pure-bred breeding animalses, which decreased by -9.8% to 46 units in 2022. In general, imports saw a abrupt descent. The smallest decline of -8.9% was in 2021. Over the period under review, imports of attained the peak figure at 62 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of horses, asses, mules and hinnies; live, pure-bred breeding animalses shrank to $1M in 2022. Overall, imports continue to indicate a deep contraction. The smallest decline of -12% was in 2020. Imports peaked at $1.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Horses, Asses, Mules and Hinnies; Live, Pure-Bred Breeding Animals in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France390390387381-0.8%
Ireland616520435362-16.2%
United Kingdom389313250198-20.2%
Germany140128116105-9.1%
OthersN/AN/AN/AN/A0%
Total1,5351,3511,1891,046-12.0%

Top Suppliers of Horses, Asses, Mules and Hinnies; Live, Pure-Bred Breeding Animals to India in 2022:

  1. United Kingdom (27.0 units)
  2. Ireland (17.0 units)
  3. Germany (1.0 units)
  4. France (1.0 units)

Exports of Horses, Asses, Mules and Hinnies; Live, Pure-Bred Breeding Animals in India

In 2022, approx. 663 units of horses, asses, mules and hinnies; live, pure-bred breeding animalses were exported from India; with an increase of 3.8% against the previous year. The total export volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 4.4% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of horses, asses, mules and hinnies; live, pure-bred breeding animalses contracted modestly to $86K in 2022. Overall, exports, however, showed a pronounced decrease. Over the period under review, the exports of attained the maximum at $98K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Horses, Asses, Mules and Hinnies; Live, Pure-Bred Breeding Animals in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nepal76.775.073.070.9-2.6%
United Arab Emirates11.710.59.38.3-10.8%
United States4.83.62.72.0-25.3%
Others4.95.05.05.00.7%
Total98.294.090.086.2-4.3%

Top Export Markets for Horses, Asses, Mules and Hinnies; Live, Pure-Bred Breeding Animals from India in 2022:

  1. United Arab Emirates (395.0 units)
  2. Nepal (187.0 units)
  3. United States (78.0 units)

Source: IndexBox Market Intelligence Platform

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