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

Contents:

  1. Price for Horses; Live, Other than Pure-Bred Breeding Animals in Italy (CIF) - 2023
  2. Price for Horses; Live, Other than Pure-Bred Breeding Animals in Italy (FOB) - 2022
  3. Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Italy
  4. Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Italy

Price for Horses; Live, Other than Pure-Bred Breeding Animals in Italy (CIF) - 2023

The average import price for horses; live, other than pure-bred breeding animalses stood at $1,723 per unit in November 2023, which is down by -32.1% against the previous month. Over the period under review, import price indicated a notable increase from November 2022 to November 2023: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for horses; live, other than pure-bred breeding animalses increased by +79.6% against August 2023 indices. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 63% against the previous month. Over the period under review, average import prices attained the maximum at $2,537 per unit in October 2023, and then shrank sharply in the following month.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the highest price was recorded for prices from Croatia ($2,031 per unit) and Poland ($1,933 per unit), while the price for Romania ($1,374 per unit) and France ($1,606 per unit) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+5.1%), 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 Italy (FOB) - 2022

In 2022, the average export price for horses; live, other than pure-bred breeding animalses amounted to $5,964 per unit, increasing by 15% against the previous year. Over the period under review, the export price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2016 an increase of 62%. The export price peaked at $12,539 per unit in 2017; however, from 2018 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 Sweden ($22,544 per unit), while the average price for exports to Slovakia ($836 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 Austria (+43.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 22K units of horses; live, other than pure-bred breeding animalses were imported into Italy; which is down by -45.5% on the previous year. In general, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, imports reached the peak of 40K units, and then dropped dramatically in the following year.

In value terms, imports of horses; live, other than pure-bred breeding animalses contracted sharply to $48M in 2022. Overall, total imports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of $67M, and then contracted dramatically in the following year.

Import of Horses; Live, Other than Pure-Bred Breeding Animals in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland14.111.612.212.8-3.2%
France5.911.313.610.320.4%
Spain8.310.512.47.9-1.6%
Romania2.13.67.46.243.5%
Slovenia2.42.43.13.18.9%
Croatia1.40.91.22.622.9%
Germany3.43.56.21.2-29.3%
Portugal0.30.10.11.049.4%
Austria1.60.81.2N/A-13.4%
Others6.35.29.72.9-22.8%
Total46.049.967.147.91.4%

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

  1. Poland (4.8K units)
  2. Spain (4.3K units)
  3. France (3.7K units)
  4. Romania (3.2K units)
  5. Croatia (2.1K units)
  6. Slovenia (1.3K units)
  7. Portugal (1.1K units)
  8. Germany (0.4K units)

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

After three years of growth, shipments abroad of horses; live, other than pure-bred breeding animalses decreased by -31.5% to 1.4K units in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 125%. As a result, the exports reached the peak of 2K units, and then contracted notably in the following year.

In value terms, exports of horses; live, other than pure-bred breeding animalses fell rapidly to $8.4M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 57%. As a result, the exports attained the peak of $11M, and then reduced notably in the following year.

Export of Horses; Live, Other than Pure-Bred Breeding Animals in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1,6951,1218951,8282.5%
Switzerland4365221,1161,61554.7%
Sweden63.82,0422,7411,014151.4%
France6739691,82697313.1%
Germany7787621,1659115.4%
Netherlands1282921,02370176.3%
Spain19.948.7406404172.8%
Austria49.817.216811130.6%
PortugalN/A3.329.499.7449.7%
Czech Republic26.475.110689.550.2%
Hungary38.678.510370.922.5%
SloveniaN/A23.820870.171.6%
Slovakia5.816.515.930.974.7%
Others2,136792816460-40.1%
Total6,0506,76410,6178,37911.5%

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

  1. Germany (311.0 units)
  2. France (144.0 units)
  3. Spain (124.0 units)
  4. Belgium (118.0 units)
  5. Netherlands (101.0 units)
  6. Switzerland (84.0 units)
  7. Portugal (66.0 units)
  8. Austria (55.0 units)
  9. Czech Republic (51.0 units)
  10. Slovenia (46.0 units)
  11. Sweden (45.0 units)
  12. Slovakia (37.0 units)
  13. Hungary (29.0 units)

Source: IndexBox Market Intelligence Platform

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