Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in the United States - 2023

Contents:

1. Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in the United States (FOB) - 2022
2. Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in the United States (CIF) - 2022
3. Exports of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in the United States
4. Imports of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in the United States

Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in the United States (FOB) - 2022

In 2022, the average export price for horses, asses, mules and hinnies; live, other than pure-bred breeding animalses amounted to $1,221 per unit, which is down by -48.6% against the previous year. In general, the export price, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 480% against the previous year. As a result, the export price reached the peak level of $2,375 per unit, and then reduced sharply 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 Canada ($5,957 per unit), while the average price for exports to Singapore ($160 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 Saint Maarten (Dutch part) (+849.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in the United States (CIF) - 2022

The average import price for horses, asses, mules and hinnies; live, other than pure-bred breeding animalses stood at $3,946 per unit in 2022, almost unchanged from the previous year. Overall, the import price saw strong growth. The growth pace was the most rapid in 2020 an increase of 69%. The import price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +12.7% per year.

Exports of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in the United States

In 2022, the amount of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses exported from the United States skyrocketed to 6.5K units, increasing by 116% compared with 2021. In general, exports enjoyed a strong expansion. The growth pace was the most rapid in 2020 when exports increased by 172%. As a result, the exports reached the peak of 12K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses expanded significantly to $8M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals from the United States in 2022:

1. Singapore (3342.0 units)
2. Canada (910.0 units)
3. Mexico (846.0 units)
4. Belgium (496.0 units)
5. Brazil (263.0 units)
6. Saudi Arabia (172.0 units)
7. Chile (164.0 units)
8. Colombia (5.0 units)

Imports of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in the United States

In 2022, purchases abroad of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses decreased by 0% to 3 units, falling for the second year in a row after two years of growth. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 300% against the previous year. As a result, imports attained the peak of 20 units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses totaled $12K in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 578% against the previous year. As a result, imports attained the peak of $18K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals to the United States in 2022:

1. Canada (3.0 units)

Source: IndexBox Market Intelligence Platform