Price for Horses; Live, Other than Pure-Bred Breeding Animals in China - 2023

Contents:

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

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

In 2022, the average import price for horses; live, other than pure-bred breeding animalses amounted to $18,702 per unit, which is down by -26.5% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 91% against the previous year. Over the period under review, average import prices hit record highs at $25,434 per unit in 2021, and then reduced dramatically in the following year.

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 Mongolia ($25,262 per unit), while the price for Ireland ($7,170 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (+42.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for horses; live, other than pure-bred breeding animalses stood at $2,667 per unit in 2020, dropping by -70.4% against the previous year. Overall, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 713% against the previous year. As a result, the export price attained the peak level of $20,909 per unit. From 2019 to 2020, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to +89.3% per year.

Imports of Horses; Live, Other than Pure-Bred Breeding Animals in China

In 2022, approx. 1.2K units of horses; live, other than pure-bred breeding animalses were imported into China; picking up by 40% on the year before. Overall, imports showed a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 62% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of horses; live, other than pure-bred breeding animalses rose to $23M in 2022. In general, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 176% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Horses; Live, Other than Pure-Bred Breeding Animals in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5.55.916.218.449.6%
Belgium2.01.05.52.46.3%
Ireland0.2N/AN/A1.491.3%
New Zealand1.60.7N/A0.4-37.0%
Mongolia0.2N/AN/A0.1-20.6%
Australia0.9N/AN/AN/A0%
United Arab Emirates5.6N/AN/AN/A0%
Others2.70.60.50.3-51.9%
Total18.78.122.323.07.1%

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

  1. Netherlands (884.0 units)
  2. Ireland (190.0 units)
  3. Belgium (115.0 units)
  4. New Zealand (21.0 units)
  5. Mongolia (2.0 units)
  6. Australia (1.0 units)

Exports of Horses; Live, Other than Pure-Bred Breeding Animals in China

In 2020, exports of horses; live, other than pure-bred breeding animalses from China fell significantly to 3 units, declining by -76.9% on the previous year. Overall, exports continue to indicate a significant curtailment. Over the period under review, the exports of hit record highs at 13 units in 2019, and then plummeted in the following year.

In value terms, exports of horses; live, other than pure-bred breeding animalses fell dramatically to $8K in 2020. Over the period under review, exports saw a sharp setback. Over the period under review, the exports of hit record highs at $117K in 2019, and then contracted sharply in the following year.

Export of Horses; Live, Other than Pure-Bred Breeding Animals in China (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
RussiaN/A8.00%
United States67.6N/A0%
Mongolia8.7N/A0%
United Arab Emirates40.6N/A0%
OthersN/AN/A0%
Total1178.0-93.2%

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

  1. Russia (3.0 units)

Source: IndexBox Market Intelligence Platform

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