Price for Horses; Live, Other than Pure-Bred Breeding Animals in the Dominican Republic - 2023

Contents:

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

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

In 2022, the average import price for horses; live, other than pure-bred breeding animalses amounted to $3,474 per unit, reducing by -7.6% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 241% against the previous year. The import price peaked at $14,718 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,516 per unit), while the price for Argentina amounted to $3,119 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+68.4%), 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 the Dominican Republic (FOB) - 2022

The average export price for horses; live, other than pure-bred breeding animalses stood at $1,264 per unit in 2022, with a decrease of -8.3% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 132%. As a result, the export price reached the peak level of $3,155 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +7.3% per year.

Imports of Horses; Live, Other than Pure-Bred Breeding Animals in the Dominican Republic

In 2022, approx. 19 units of horses; live, other than pure-bred breeding animalses were imported into the Dominican Republic; waning by -67.8% against the year before. Over the period under review, imports continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 247%. As a result, imports attained the peak of 59 units, and then declined markedly in the following year.

In value terms, imports of horses; live, other than pure-bred breeding animalses contracted markedly to $66K in 2022. In general, imports saw a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 206% against the previous year. As a result, imports attained the peak of $222K, and then dropped sharply in the following year.

Import of Horses; Live, Other than Pure-Bred Breeding Animals in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States66.735.019259.8-3.6%
Argentina12.820.114.16.2-21.5%
Venezuela1.2N/AN/AN/A0%
Netherlands19.317.315.7N/A-9.8%
OthersN/AN/AN/AN/A0%
Total10072.422266.0-12.9%

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

  1. United States (17.0 units)
  2. Argentina (2.0 units)

Exports of Horses; Live, Other than Pure-Bred Breeding Animals in the Dominican Republic

In 2022, after three years of growth, there was significant decline in shipments abroad of horses; live, other than pure-bred breeding animalses, when their volume decreased by -50% to 11 units. Overall, exports faced a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 16%. As a result, the exports attained the peak of 22 units, and then shrank markedly in the following year.

In value terms, exports of horses; live, other than pure-bred breeding animalses plummeted to $14K in 2022. Over the period under review, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 20% against the previous year. The exports peaked at $30K in 2021, and then dropped dramatically in the following year.

Export of Horses; Live, Other than Pure-Bred Breeding Animals in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.60.63.513.935.4%
Turks and Caicos Islands0.63.65.3N/A197.2%
Haiti0.30.40.4N/A15.5%
Panama15.121.421.1N/A18.2%
OthersN/AN/AN/AN/A0%
Total21.626.030.313.9-13.7%

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

  1. United States (11.0 units)

Source: IndexBox Market Intelligence Platform

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