Price for Horses; Live, Other than Pure-Bred Breeding Animals in India - 2023
Contents:
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in India (CIF) - 2023
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in India (FOB) - 2022
- Imports of Horses; Live, Other than Pure-Bred Breeding Animals in India
- Exports of Horses; Live, Other than Pure-Bred Breeding Animals in India
Price for Horses; Live, Other than Pure-Bred Breeding Animals in India (CIF) - 2023
The average import price for horses; live, other than pure-bred breeding animalses stood at $29,237 per unit in November 2023, jumping by 1,056% against the previous month. In general, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($60,924 per unit), while the price for Germany ($9,518 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+34.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Horses; Live, Other than Pure-Bred Breeding Animals in India (FOB) - 2022
The average export price for horses; live, other than pure-bred breeding animalses stood at $10,989 per unit in 2022, jumping by 74% against the previous year. In general, the export price enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 an increase of 3,673% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Bangladesh.
From 2012 to 2022, the rate of growth in terms of prices for Bangladesh amounted to -0.6% per year.
Imports of Horses; Live, Other than Pure-Bred Breeding Animals in India
In 2022, imports of horses; live, other than pure-bred breeding animalses into India contracted significantly to 148 units, declining by -23.3% on the previous year's figure. In general, imports continue to indicate a perceptible curtailment. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports attained the peak of 193 units, and then dropped dramatically in the following year.
In value terms, imports of horses; live, other than pure-bred breeding animalses contracted notably to $1.2M in 2022. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 14%. Over the period under review, imports of attained the maximum at $2.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Horses; Live, Other than Pure-Bred Breeding Animals in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 33.1 | 109 | 388 | 515 | 149.6% |
| United Kingdom | 1,299 | 623 | 534 | 333 | -36.5% |
| Germany | 107 | 135 | 128 | 196 | 22.4% |
| Belgium | 25.5 | 48.3 | 33.1 | 95.6 | 55.3% |
| Netherlands | 115 | 235 | 251 | 90.4 | -7.7% |
| New Zealand | 30.1 | 40.5 | 35.9 | N/A | 9.2% |
| Ireland | 105 | 187 | 153 | N/A | 20.7% |
| Australia | 261 | 114 | N/A | N/A | -56.3% |
| Ethiopia | N/A | N/A | 166 | N/A | 0% |
| Others | 110 | 25.9 | 35.5 | N/A | -43.2% |
| Total | 2,085 | 1,519 | 1,725 | 1,230 | -16.1% |
Top Suppliers of Horses; Live, Other than Pure-Bred Breeding Animals to India in 2022:
- Germany (46.0 units)
- United Kingdom (44.0 units)
- Argentina (27.0 units)
- Belgium (17.0 units)
- Netherlands (14.0 units)
Exports of Horses; Live, Other than Pure-Bred Breeding Animals in India
In 2022, the amount of horses; live, other than pure-bred breeding animalses exported from India reduced sharply to 16 units, shrinking by -23.8% against 2021. Overall, exports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2021 when exports increased by 24% against the previous year. The exports peaked at 46 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of horses; live, other than pure-bred breeding animalses soared to $176K in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 111%. The exports peaked at $180K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Horses; Live, Other than Pure-Bred Breeding Animals in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 150 | 50.5 | 111 | 176 | 5.5% |
| Sri Lanka | 9.8 | 4.2 | 4.3 | N/A | -33.8% |
| Nepal | 6.9 | 1.7 | 0.2 | N/A | -83.0% |
| United Arab Emirates | 12.2 | 5.6 | 5.8 | N/A | -31.1% |
| Bhutan | 0.6 | 0.2 | 0.3 | N/A | -29.3% |
| Maldives | N/A | N/A | 11.4 | N/A | 0% |
| Others | N/A | 0.6 | N/A | N/A | 0% |
| Total | 180 | 62.8 | 133 | 176 | -0.7% |
Top Export Markets for Horses; Live, Other than Pure-Bred Breeding Animals from India in 2022:
- Bangladesh (16.0 units)
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