Price for Horses, Asses, Mules and Hinnies; Live in the Philippines - 2023
Contents:
- Price for Horses, Asses, Mules and Hinnies; Live in the Philippines (CIF) - 2022
- Price for Horses, Asses, Mules and Hinnies; Live in the Philippines (FOB) - 2022
- Imports of Horses, Asses, Mules and Hinnies; Live in the Philippines
- Exports of Horses, Asses, Mules and Hinnies; Live in the Philippines
Price for Horses, Asses, Mules and Hinnies; Live in the Philippines (CIF) - 2022
In 2022, the average import price for horses, asses, mules and hinnies; lives amounted to $81 per unit, declining by -98.6% against the previous year. Over the period under review, the import price saw a sharp reduction. The most prominent rate of growth was recorded in 2014 an increase of 189%. The import price peaked at $5,624 per unit in 2021, and then reduced markedly 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 the United States ($5,245 per unit), while the price for Indonesia ($8.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+13.2%), while the prices for the other major suppliers experienced a decline.
Price for Horses, Asses, Mules and Hinnies; Live in the Philippines (FOB) - 2022
In 2022, the average export price for horses, asses, mules and hinnies; lives amounted to $197 per unit, growing by 32% against the previous year. In general, the export price showed a buoyant increase. The pace of growth appeared the most rapid in 2013 an increase of 2,944%. As a result, the export price attained the peak level of $1,232 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($252 per unit), while the average price for exports to Thailand ($67 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 China (+4,445.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Horses, Asses, Mules and Hinnies; Live in the Philippines
In 2022, the amount of horses, asses, mules and hinnies; lives imported into the Philippines surged to 1.1K units, with an increase of 1,379% on the year before. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of horses, asses, mules and hinnies; lives reduced notably to $93K in 2022. Overall, imports, however, showed a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 110% against the previous year. Imports peaked at $1.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Horses, Asses, Mules and Hinnies; Live in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 406 | 3.7 | 7.9 | 68.2 | -44.8% |
| Japan | 197 | 33.6 | 29.1 | 10.0 | -63.0% |
| Indonesia | N/A | N/A | N/A | 7.7 | 0% |
| Vietnam | 254 | N/A | N/A | 2.2 | -79.5% |
| China | 9.8 | N/A | N/A | 2.1 | -40.2% |
| Others | 344 | 169 | 396 | 2.5 | -80.6% |
| Total | 1,210 | 206 | 433 | 92.6 | -57.5% |
Top Suppliers of Horses, Asses, Mules and Hinnies; Live to the Philippines in 2022:
- Indonesia (905.0 units)
- Japan (138.0 units)
- China (54.0 units)
- United States (13.0 units)
- Vietnam (10.0 units)
Exports of Horses, Asses, Mules and Hinnies; Live in the Philippines
Exports of horses, asses, mules and hinnies; lives from the Philippines contracted dramatically to 287 units in 2022, which is down by -62.1% compared with the year before. Over the period under review, exports faced a sharp decline. Over the period under review, the exports of attained the maximum at 757 units in 2021, and then shrank notably in the following year.
In value terms, exports of horses, asses, mules and hinnies; lives fell sharply to $57K in 2022. Overall, exports saw a sharp setback. Over the period under review, the exports of attained the maximum at $113K in 2021, and then shrank significantly in the following year.
| Export of Horses, Asses, Mules and Hinnies; Live in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| South Korea | 63.5 | 32.0 | -49.6% | ||
| Singapore | 29.8 | 15.0 | -49.7% | ||
| Hong Kong SAR | 10.6 | 4.5 | -57.5% | ||
| Japan | 1.4 | 1.5 | 7.1% | ||
| Thailand | 2.4 | 1.4 | -41.7% | ||
| Others | 5.4 | 2.3 | -57.4% | ||
| Total | 113 | 56.6 | -49.9% | ||
Top Export Markets for Horses, Asses, Mules and Hinnies; Live from the Philippines in 2022:
- South Korea (127.0 units)
- Singapore (97.0 units)
- Thailand (21.0 units)
- Hong Kong SAR (19.0 units)
- Japan (16.0 units)
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