Price for Horses; Live, Other than Pure-Bred Breeding Animals in Norway - 2024
Contents:
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Norway (CIF) - 2024
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Norway (FOB) - 2022
- Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Norway
- Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Norway
Price for Horses; Live, Other than Pure-Bred Breeding Animals in Norway (CIF) - 2024
In January 2024, the average import price for horses; live, other than pure-bred breeding animalses amounted to $7,882 per unit, with a decrease of -43.3% against the previous month. Over the period under review, the import price recorded a deep slump. The pace of growth appeared the most rapid in April 2023 an increase of 94% m-o-m. Over the period under review, average import prices reached the peak figure at $28,751 per unit in May 2023; afterwards, it flattened through to January 2024.
Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($45,181 per unit), while the price for Lithuania ($1,710 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Ireland (+23.5%), 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 Norway (FOB) - 2022
In 2022, the average export price for horses; live, other than pure-bred breeding animalses amounted to $8,765 per unit, waning by -47% against the previous year. In general, the export price showed a noticeable shrinkage. The growth pace was the most rapid in 2016 when the average export price increased by 139%. As a result, the export price reached the peak level of $17,749 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($64,087 per unit), while the average price for exports to Estonia ($1,161 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 Netherlands (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Norway
Imports of horses; live, other than pure-bred breeding animalses into Norway skyrocketed to 1.8K units in 2022, with an increase of 26% on the previous year's figure. The total import volume increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of horses; live, other than pure-bred breeding animalses skyrocketed to $29M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Horses; Live, Other than Pure-Bred Breeding Animals in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.7 | 1.1 | 2.3 | 7.9 | 124.3% |
| Denmark | 4.9 | 4.6 | 5.4 | 6.2 | 8.2% |
| Sweden | 1.8 | 1.6 | 2.8 | 3.6 | 26.0% |
| Netherlands | 1.6 | 1.5 | 2.0 | 2.4 | 14.5% |
| Ireland | 3.3 | 2.4 | 2.1 | 2.4 | -10.1% |
| Germany | 2.0 | 2.4 | 1.3 | 1.9 | -1.7% |
| United Kingdom | 1.2 | 1.2 | 0.8 | 1.8 | 14.5% |
| United States | 0.4 | 0.5 | 1.3 | 1.1 | 40.1% |
| France | 0.4 | 0.4 | 0.3 | 0.4 | 0.0% |
| Iceland | 0.5 | 0.3 | 0.3 | 0.3 | -15.7% |
| Others | 0.2 | 0.6 | 0.9 | 0.6 | 44.2% |
| Total | 16.8 | 16.5 | 19.4 | 28.8 | 19.7% |
Top Suppliers of Horses; Live, Other than Pure-Bred Breeding Animals to Norway in 2022:
- Denmark (445.0 units)
- Belgium (373.0 units)
- Sweden (353.0 units)
- Ireland (142.0 units)
- Netherlands (114.0 units)
- Germany (79.0 units)
- United Kingdom (50.0 units)
- France (36.0 units)
- Iceland (33.0 units)
- United States (32.0 units)
Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Norway
For the fourth consecutive year, Norway recorded growth in shipments abroad of horses; live, other than pure-bred breeding animalses, which increased by 102% to 687 units in 2022. Over the period under review, exports enjoyed a significant increase. 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 expanded rapidly to $6M in 2022. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 66% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Horses; Live, Other than Pure-Bred Breeding Animals in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 667 | 1,058 | 1,545 | 1,814 | 39.6% |
| Denmark | 472 | 775 | 1,036 | 721 | 15.2% |
| Netherlands | 28.0 | 313 | 572 | 422 | 147.0% |
| Estonia | 1.7 | 0.5 | N/A | 360 | 496.1% |
| Germany | 936 | 202 | 84.0 | 292 | -32.2% |
| Portugal | 0.7 | N/A | 0.2 | 56.0 | 330.9% |
| Others | 697 | 1,043 | 2,380 | 2,356 | 50.1% |
| Total | 2,803 | 3,390 | 5,618 | 6,022 | 29.0% |
Top Export Markets for Horses; Live, Other than Pure-Bred Breeding Animals from Norway in 2022:
- Estonia (310.0 units)
- Sweden (165.0 units)
- Denmark (80.0 units)
- Germany (40.0 units)
- Netherlands (25.0 units)
- Portugal (11.0 units)
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