Price for Horses; Live, Other than Pure-Bred Breeding Animals in Bulgaria - 2023

Contents:

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

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

The average export price for horses; live, other than pure-bred breeding animalses stood at $1,898 per unit in 2022, growing by 33% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for horses; live, other than pure-bred breeding animalses increased by +113.0% against 2016 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 37%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($1,611 per unit), while the average price for exports to Italy ($755 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 Croatia (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for horses; live, other than pure-bred breeding animalses stood at $6,268 per unit in 2022, with an increase of 154% against the previous year. Over the period under review, the import price showed a remarkable increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 180% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Georgia ($73,461 per unit), while the price for Turkey ($1,023 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+27.1%), while the prices for the other major suppliers experienced a decline.

Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Bulgaria

In 2022, after two years of decline, there was significant growth in shipments abroad of horses; live, other than pure-bred breeding animalses, when their volume increased by 73% to 652 units. In general, exports, however, continue to indicate a pronounced decline. Over the period under review, the exports of reached the peak figure at 747 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of horses; live, other than pure-bred breeding animalses soared to $1.2M in 2022. Overall, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Romania (293.0 units)
2. Turkey (236.0 units)
3. Belgium (84.0 units)
4. Italy (16.0 units)
5. Iraq (7.0 units)

Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Bulgaria

Imports of horses; live, other than pure-bred breeding animalses into Bulgaria soared to 44 units in 2022, picking up by 42% on the previous year. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 244% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of horses; live, other than pure-bred breeding animalses soared to $276K in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 637%. Imports peaked in 2022 and are likely to continue growth in years to come.

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

1. Turkey (32.0 units)
2. Serbia (4.0 units)
3. Georgia (3.0 units)
4. Germany (2.0 units)
5. Russia (2.0 units)
6. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform