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

Contents:

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

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

The average export price for horses; live, other than pure-bred breeding animalses stood at $24,035 per unit in 2022, reducing by -13% against the previous year. Overall, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 62% against the previous year. As a result, the export price reached the peak level of $27,623 per unit, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($65,892 per unit), while the average price for exports to France ($1,206 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 the United States (+27.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for horses; live, other than pure-bred breeding animalses stood at $3,774 per unit in 2022, which is down by -21.3% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 256%. The import price peaked at $7,223 per unit in 2017; however, from 2018 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 Norway ($8,301 per unit), while the price for Italy ($1,154 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+95.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 510 units of horses; live, other than pure-bred breeding animalses were exported from Denmark; increasing by 123% against the previous year. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of horses; live, other than pure-bred breeding animalses skyrocketed to $12M in 2022. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 133%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Norway (252.0 units)
2. United Kingdom (93.0 units)
3. Germany (69.0 units)
4. United States (53.0 units)
5. Netherlands (21.0 units)

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

Imports of horses; live, other than pure-bred breeding animalses into Denmark surged to 232 units in 2022, picking up by 36% compared with 2021. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 509% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of horses; live, other than pure-bred breeding animalses expanded rapidly to $876K in 2022. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 194%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. Sweden (88.0 units)
2. Belgium (40.0 units)
3. Norway (39.0 units)
4. Ireland (22.0 units)
5. United States (14.0 units)
6. Netherlands (7.0 units)
7. Italy (6.0 units)
8. Poland (4.0 units)
9. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform