Price for Horses; Live, Other than Pure-Bred Breeding Animals in Panama - 2023
Contents:
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Panama (CIF) - 2022
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Panama (FOB) - 2022
- Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Panama
- Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Panama
Price for Horses; Live, Other than Pure-Bred Breeding Animals in Panama (CIF) - 2022
The average import price for horses; live, other than pure-bred breeding animalses stood at $3,830 per unit in 2022, growing by 80% against the previous year. Over the period under review, the import price showed a prominent increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 167%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nicaragua ($7,584 per unit), while the price for Costa Rica ($2,516 per unit) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+17.9%), 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 Panama (FOB) - 2022
In 2022, the average export price for horses; live, other than pure-bred breeding animalses amounted to $1,875 per unit, approximately reflecting the previous year. Over the period under review, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2021 a decrease of 99.9% against the previous year. The export price peaked at $3,750 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,067 per unit), while the average price for exports to Costa Rica ($205 per unit) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+38.7%), while the prices for the other major destinations experienced a decline.
Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Panama
In 2022, imports of horses; live, other than pure-bred breeding animalses into Panama contracted sharply to 4 units, with a decrease of -75% against 2021 figures. Overall, imports saw a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 23%. As a result, imports attained the peak of 16 units, and then dropped sharply in the following year.
In value terms, imports of horses; live, other than pure-bred breeding animalses fell dramatically to $15K in 2022. In general, imports saw a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. Imports peaked at $55K 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 Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | N/A | N/A | N/A | 7.6 | 0% |
| Colombia | 0.4 | 0.7 | 2.5 | 5.2 | 135.1% |
| Costa Rica | 0.6 | 0.3 | 0.5 | 2.5 | 60.9% |
| Ecuador | 1.9 | 0.9 | 1.7 | N/A | -5.4% |
| Dominican Republic | 5.2 | 3.9 | 10.1 | N/A | 39.4% |
| Argentina | 0.9 | 0.8 | 0.8 | N/A | -5.7% |
| Belgium | 12.9 | 8.8 | 1.6 | N/A | -64.8% |
| Peru | 0.9 | 0.5 | 1.0 | N/A | 5.4% |
| Germany | 1.1 | 0.6 | 1.2 | N/A | 4.4% |
| Guatemala | 0.7 | 0.5 | 1.0 | N/A | 19.5% |
| United States | 3.3 | 0.2 | 1.0 | N/A | -45.0% |
| Luxembourg | 1.1 | N/A | N/A | N/A | 0% |
| Netherlands | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Others | 26.0 | 8.8 | 12.7 | N/A | -30.1% |
| Total | 55.1 | 25.9 | 34.1 | 15.3 | -34.8% |
Top Suppliers of Horses; Live, Other than Pure-Bred Breeding Animals to Panama in 2022:
- Colombia (2.0 units)
- Nicaragua (1.0 units)
- Costa Rica (1.0 units)
Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Panama
Exports of horses; live, other than pure-bred breeding animalses from Panama stood at 4 units in 2022, remaining stable against 2021 figures. Over the period under review, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of horses; live, other than pure-bred breeding animalses stood at $7.5K in 2022. In general, exports showed a dramatic decrease. The smallest decline of 99.9% was in 2021. The exports peaked at $15K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Horses; Live, Other than Pure-Bred Breeding Animals in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 4.5 | N/A | 6.1 | 16.4% | |
| Guatemala | 4.5 | N/A | 1.2 | -48.4% | |
| Costa Rica | 1.6 | N/A | 0.2 | -64.6% | |
| Venezuela | 4.5 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 15.0 | N/A | 7.5 | -29.3% | |
Top Export Markets for Horses; Live, Other than Pure-Bred Breeding Animals from Panama in 2022:
- United States (2.0 units)
- Guatemala (1.0 units)
- Costa Rica (1.0 units)
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