Price for Horses; Live, Pure-Bred Breeding Animals in Guatemala - 2023

Contents:

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

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

The average import price for horses; live, pure-bred breeding animalses stood at $6,975 per unit in 2022, jumping by 19% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, horses; live, pure-bred breeding animals import price increased by +37.6% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 38% against the previous year. Over the period under review, average import prices attained the maximum at $7,633 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($12,907 per unit), while the price for El Salvador ($2,254 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for horses; live, pure-bred breeding animalses amounted to $7,661 per unit, increasing by 131% against the previous year. Overall, the export price posted prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($9,500 per unit), while the average price for exports to Costa Rica amounted to $6,742 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, horses; live, pure-bred breeding animals imports into Guatemala dropped sharply to 57 units, falling by -28.7% against the year before. Over the period under review, imports continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2021 with an increase of 129% against the previous year. As a result, imports attained the peak of 80 units, and then shrank dramatically in the following year.

In value terms, horses; live, pure-bred breeding animals imports shrank dramatically to $398K in 2022. Overall, imports showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 165% against the previous year. Over the period under review, imports hit record highs at $504K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. Peru (19.0 units)
2. Spain (17.0 units)
3. El Salvador (9.0 units)
4. Netherlands (7.0 units)
5. Belgium (4.0 units)
6. Panama (1.0 units)

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

In 2022, the amount of horses; live, pure-bred breeding animalses exported from Guatemala fell dramatically to 3 units, waning by -78.6% against 2021. Overall, exports faced a sharp descent. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, the exports reached the peak of 14 units, and then declined rapidly in the following year.

In value terms, horses; live, pure-bred breeding animals exports fell remarkably to $23K in 2022. Over the period under review, exports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2021 when exports increased by 84%. As a result, the exports attained the peak of $47K, and then declined markedly in the following year.

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

1. Costa Rica (2.0 units)
2. United States (1.0 units)

Source: IndexBox Market Intelligence Platform