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

Contents:

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

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

In December 2022, the average import price for horses; live, pure-bred breeding animalses amounted to $3,434 per unit, falling by -52% against the previous month. Over the period under review, the import price showed a abrupt descent. The pace of growth appeared the most rapid in September 2022 an increase of 544% month-to-month. As a result, import price reached the peak level of $37,997 per unit; afterwards, it flattened through to December 2022.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was France ($3,439 per unit), while the price for Spain amounted to $3,349 per unit.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Spain (0.0%).

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

The average export price for horses; live, pure-bred breeding animalses stood at $1,122 per unit in 2022, with an increase of 5% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 279%. Over the period under review, the average export prices hit record highs at $6,515 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($1,136 per unit), while the average price for exports to France stood at $1,105 per unit.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 213 units of horses; live, pure-bred breeding animalses were imported into Morocco; waning by -7.4% against 2021 figures. In general, imports faced a deep reduction. Imports peaked at 333 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, horses; live, pure-bred breeding animals imports reduced to $1.7M in 2022. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 55%. As a result, imports attained the peak of $4.7M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Horses; Live, Pure-Bred Breeding Animals in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2,2948171,1941,573-11.8%
Belgium1541,09711455.5-28.8%
United Kingdom21912515028.4-49.4%
Ireland17336.51152.1-77.0%
Netherlands38.511565.4N/A30.3%
Others1382,49278.519.3-48.1%
Total3,0184,6821,7171,679-17.8%

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

  1. France (199.0 units)
  2. Belgium (5.0 units)
  3. United Kingdom (1.0 units)
  4. Ireland (1.0 units)

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

In 2022, exports of horses; live, pure-bred breeding animalses from Morocco shrank dramatically to 59 units, which is down by -86.6% compared with 2021 figures. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,733%. As a result, the exports attained the peak of 440 units, and then dropped remarkably in the following year.

In value terms, horses; live, pure-bred breeding animals exports contracted notably to $66K in 2022. In general, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 1,828%. As a result, the exports attained the peak of $470K, and then reduced notably in the following year.

Export of Horses; Live, Pure-Bred Breeding Animals in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Senegal1.1N/A10.836.4221.0%
France12.79.045829.832.9%
Belgium17.45.7N/AN/A-67.2%
Others16.59.71.2N/A-73.0%
Total47.724.447066.211.5%

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

  1. Senegal (32.0 units)
  2. France (27.0 units)

Source: IndexBox Market Intelligence Platform

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