Price for Horses; Live, Pure-Bred Breeding Animals in Kuwait - 2021

Contents:

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

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

In 2022, the average import price for horses; live, pure-bred breeding animalses amounted to $20,722 per unit, picking up by 11% against the previous year. Overall, the import price recorded a buoyant expansion. The pace of growth appeared the most rapid in 2019 an increase of 86% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 Germany ($45,323 per unit), while the price for the United Arab Emirates ($3,119 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for horses; live, pure-bred breeding animalses amounted to $2,817 per unit, almost unchanged from the previous year. Over the period under review, the export price, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of 151% against the previous year. Over the period under review, the average export prices hit record highs at $2,851 per unit in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($6,219 per unit), while the average price for exports to Jordan ($1,131 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 Jordan (+111.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of horses; live, pure-bred breeding animalses into Kuwait shrank markedly to 112 units, with a decrease of -27.3% on the previous year. Over the period under review, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. Imports peaked at 200 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, horses; live, pure-bred breeding animals imports fell notably to $2.3M in 2022. In general, imports showed a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 62% against the previous year. Imports peaked at $3.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. Netherlands (44.0 units)
2. United Kingdom (26.0 units)
3. United Arab Emirates (12.0 units)
4. Egypt (10.0 units)
5. Belgium (5.0 units)
6. Poland (4.0 units)
7. United States (3.0 units)
8. Qatar (3.0 units)
9. Germany (2.0 units)
10. Saudi Arabia (1.0 units)

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

After three years of growth, overseas shipments of horses; live, pure-bred breeding animalses decreased by -20% to 12 units in 2022. In general, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, the exports attained the peak of 15 units, and then dropped dramatically in the following year.

In value terms, horses; live, pure-bred breeding animals exports contracted rapidly to $34K in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 259%. The exports peaked at $43K in 2021, and then declined rapidly in the following year.

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

1. Netherlands (7.0 units)
2. Saudi Arabia (1.0 units)
3. Qatar (1.0 units)
4. Jordan (1.0 units)
5. Belgium (1.0 units)
6. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform