Price for Horses; Live, Pure-Bred Breeding Animals in Colombia - 2022

Contents:

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

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

In 2022, the average import price for horses; live, pure-bred breeding animalses amounted to $3,564 per unit, rising by 2.9% against the previous year. In general, the import price, however, saw a slight downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 46%. Over the period under review, average import prices attained the maximum at $4,252 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,184 per unit), while the price for Panama ($526 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for horses; live, pure-bred breeding animalses stood at $3,269 per unit in 2022, surging by 10% against the previous year. In general, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 141%. Over the period under review, the average export prices reached the peak figure at $9,583 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($2,404 per unit), while the average price for exports to Costa Rica ($494 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 Guatemala (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Horses; Live, Pure-Bred Breeding Animals in Colombia

In 2022, horses; live, pure-bred breeding animals imports into Colombia declined significantly to 240 units, which is down by -17.8% compared with the previous year. In general, total imports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 54% against the previous year. As a result, imports attained the peak of 292 units, and then reduced remarkably in the following year.

In value terms, horses; live, pure-bred breeding animals imports fell significantly to $857K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, imports attained the peak of $1M, and then fell dramatically in the following year.

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

1. United States (420.0 units)
2. Belgium (313.0 units)
3. Argentina (98.0 units)
4. Panama (15.0 units)
5. Spain (12.0 units)

Exports of Horses; Live, Pure-Bred Breeding Animals in Colombia

In 2022, the amount of horses; live, pure-bred breeding animalses exported from Colombia reduced dramatically to 136 units, declining by -29.2% compared with the year before. In general, exports, however, recorded a pronounced increase. The most prominent rate of growth was recorded in 2021 with an increase of 137% against the previous year. As a result, the exports attained the peak of 192 units, and then declined significantly in the following year.

In value terms, horses; live, pure-bred breeding animals exports dropped dramatically to $446K in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.2% 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 +38.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 77% against the previous year. As a result, the exports attained the peak of $570K, and then shrank dramatically in the following year.

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

1. United States (407.0 units)
2. Panama (50.0 units)
3. Dominican Republic (44.0 units)
4. Costa Rica (17.0 units)
5. Mexico (8.0 units)
6. Guatemala (6.0 units)

Source: IndexBox Market Intelligence Platform