Price for Horses; Live, Other than Pure-Bred Breeding Animals in Canada - 2024
Contents:
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Canada (FOB) - 2024
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Canada (CIF) - 2024
- Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Canada
- Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Canada
Price for Horses; Live, Other than Pure-Bred Breeding Animals in Canada (FOB) - 2024
In January 2024, the average export price for horses; live, other than pure-bred breeding animalses amounted to $6,395 per unit, with an increase of 6.5% against the previous month. In general, the export price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in April 2023 an increase of 29% m-o-m. The export price peaked at $8,098 per unit in January 2023; afterwards, it flattened through to January 2024.
Average prices varied somewhat for the major export markets. In January 2024, the country with the highest price was Japan ($7,480 per unit), while the average price for exports to the United States totaled $5,628 per unit.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+0.6%).
Price for Horses; Live, Other than Pure-Bred Breeding Animals in Canada (CIF) - 2024
In January 2024, the average import price for horses; live, other than pure-bred breeding animalses amounted to $7,238 per unit, falling by -30.3% against the previous month. Over the period under review, the import price, however, showed temperate growth. The pace of growth appeared the most rapid in September 2023 an increase of 177% month-to-month. The import price peaked at $16,576 per unit in July 2023; afterwards, it flattened through to January 2024.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($15,492 per unit), while the price for the United States amounted to $4,069 per unit.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+3.3%).
Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Canada
In 2022, the amount of horses; live, other than pure-bred breeding animalses exported from Canada rose markedly to 13K units, with an increase of 10% compared with the previous year. The total export volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 34%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, exports of horses; live, other than pure-bred breeding animalses dropped modestly to $74M in 2022. The total export value increased at an average annual rate of +7.7% 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 2021 when exports increased by 43% against the previous year. As a result, the exports reached the peak of $76M, and then contracted slightly in the following year.
| Export of Horses; Live, Other than Pure-Bred Breeding Animals in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 42.8 | 41.5 | 62.3 | 57.8 | 10.5% |
| Japan | 16.7 | 11.7 | 13.6 | 16.7 | 0.0% |
| Others | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
| Total | 59.6 | 53.3 | 76.2 | 74.5 | 7.7% |
Top Export Markets for Horses; Live, Other than Pure-Bred Breeding Animals from Canada in 2022:
- United States (10.3K units)
- Japan (2.9K units)
Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Canada
For the third year in a row, Canada recorded decline in supplies from abroad of horses; live, other than pure-bred breeding animalses, which decreased by -39.5% to 8.7K units in 2022. In general, imports faced a sharp slump. The smallest decline of -1.7% was in 2021. Imports peaked at 19K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of horses; live, other than pure-bred breeding animalses shrank slightly to $66M in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 33%. As a result, imports attained the peak of $68M, and then shrank modestly in the following year.
| Import of Horses; Live, Other than Pure-Bred Breeding Animals in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 38.1 | 38.3 | 48.1 | 44.0 | 4.9% |
| Netherlands | 9.0 | 4.1 | 4.4 | 6.1 | -12.2% |
| Germany | 4.6 | 2.6 | 4.2 | 4.2 | -3.0% |
| United Kingdom | 3.4 | 0.3 | 0.5 | 1.7 | -20.6% |
| Others | 7.8 | 5.3 | 10.4 | 10.3 | 9.7% |
| Total | 62.9 | 50.7 | 67.6 | 66.3 | 1.8% |
Top Suppliers of Horses; Live, Other than Pure-Bred Breeding Animals to Canada in 2022:
- United States (7.6K units)
- Netherlands (0.3K units)
- Germany (0.2K units)
- United Kingdom (0.1K units)
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