Price for Horses; Live, Pure-Bred Breeding Animals in Sri Lanka - 2021

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

In 2017, the average import price for horses; live, pure-bred breeding animalses amounted to $510 per unit, declining by -12.8% against the previous year. Overall, the import price saw a mild shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 14%. As a result, import price reached the peak level of $584 per unit, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2017, amid the top importers, the country with the highest price was the Netherlands ($1,298 per unit), while the price for India totaled $532 per unit.

From 2014 to 2017, the most notable rate of growth in terms of prices was attained by India (-31.5%).

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

In 2022, purchases abroad of horses; live, pure-bred breeding animalses decreased by -14.3% to 12 units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.3% 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 20% against the previous year. Over the period under review, imports reached the maximum at 14 units in 2021, and then dropped in the following year.

In value terms, horses; live, pure-bred breeding animals imports dropped remarkably to $4K in 2022. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 38%. Imports peaked at $9.2K in 2021, and then dropped notably in the following year.