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

Contents:

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

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

In 2022, the average import price for horses; live, pure-bred breeding animalses amounted to $6,406 per unit, which is down by -38.5% against the previous year. In general, the import price, however, showed a remarkable increase. The growth pace was the most rapid in 2019 when the average import price increased by 198% against the previous year. The import price peaked at $17,828 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Norway ($10,684 per unit), while the price for Poland ($3,554 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+71.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for horses; live, pure-bred breeding animalses amounted to $8,319 per unit, surging by 295% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2017 when the average export price increased by 858% against the previous year. Over the period under review, the average export prices reached the maximum at $53,752 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($47,582 per unit), while the average price for exports to Norway ($906 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 Mongolia (+56.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

Horses; live, pure-bred breeding animals imports into Lithuania surged to 236 units in 2022, rising by 926% on the previous year. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, horses; live, pure-bred breeding animals imports surged to $1.5M in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Horses; Live, Pure-Bred Breeding Animals in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A35511.61,22485.7%
PolandN/A18.522.174.6100.8%
Netherlands11815513439.2-30.7%
Ireland13476.7N/AN/A-42.8%
Others178N/A72.5174-0.8%
Total4306052401,51252.1%

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

  1. France (208.0 units)
  2. Poland (21.0 units)
  3. Netherlands (5.0 units)

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

For the fourth consecutive year, Lithuania recorded growth in shipments abroad of horses; live, pure-bred breeding animalses, which increased by 67% to 180 units in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 300% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, horses; live, pure-bred breeding animals exports skyrocketed to $1.5M in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Horses; Live, Pure-Bred Breeding Animals in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PortugalN/AN/AN/A5230%
HungaryN/AN/AN/A3660%
BelgiumN/AN/AN/A2830%
KyrgyzstanN/A11.955.3170278.0%
UzbekistanN/A4.6N/A50.6231.7%
Denmark4.918.823.634.691.8%
Russia13410837.832.5-37.6%
NorwayN/AN/AN/A24.50%
MongoliaN/AN/A12.113.39.9%
Others34.651.298.5N/A68.7%
Total1741952271,497104.9%

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

  1. Kyrgyzstan (74.0 units)
  2. Norway (27.0 units)
  3. Uzbekistan (22.0 units)
  4. Portugal (11.0 units)
  5. Denmark (11.0 units)
  6. Belgium (11.0 units)
  7. Hungary (11.0 units)
  8. Mongolia (7.0 units)
  9. Russia (6.0 units)

Source: IndexBox Market Intelligence Platform

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