Price for Horses; Live, Pure-Bred Breeding Animals in Portugal - 2023

Contents:

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

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

In 2022, the average import price for horses; live, pure-bred breeding animalses amounted to $31,800 per unit, reducing by -91.3% against the previous year. In general, the import price showed a deep downturn. The growth pace was the most rapid in 2021 when the average import price increased by 1,605% against the previous year. As a result, import price attained the peak level of $363,430 per unit, and then dropped significantly 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 UK ($36,919 per unit), while the price for Mexico ($7,335 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+641.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for horses; live, pure-bred breeding animalses amounted to $13,771 per unit, which is down by -2.4% against the previous year. Over the period under review, the export price recorded a deep setback. The growth pace was the most rapid in 2014 when the average export price increased by 2,363%. As a result, the export price attained the peak level of $135,473 per unit. From 2015 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 Switzerland ($24,410 per unit), while the average price for exports to Cabo Verde ($1,236 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 UK (+42.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Horses; Live, Pure-Bred Breeding Animals in Portugal

In 2022, the amount of horses; live, pure-bred breeding animalses imported into Portugal rose rapidly to 21 units, picking up by 5% compared with 2021 figures. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 5,600%. As a result, imports reached the peak of 57 units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, horses; live, pure-bred breeding animals imports fell significantly to $668K in 2022. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 5,929% against the previous year. Over the period under review, imports hit record highs at $7.3M in 2021, and then fell dramatically in the following year.

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

1. Germany (19.0 units)
2. United Kingdom (1.0 units)
3. Mexico (1.0 units)

Exports of Horses; Live, Pure-Bred Breeding Animals in Portugal

After three years of growth, overseas shipments of horses; live, pure-bred breeding animalses decreased by -21.1% to 15 units in 2022. The total export volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 31%. The exports peaked at 19 units in 2021, and then reduced remarkably in the following year.

In value terms, horses; live, pure-bred breeding animals exports reduced dramatically to $207K in 2022. Overall, exports saw a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. The exports peaked at $784K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. Switzerland (5.0 units)
2. Cabo Verde (4.0 units)
3. Mexico (3.0 units)
4. United Kingdom (2.0 units)
5. Norway (1.0 units)

Source: IndexBox Market Intelligence Platform