Price for Horses; Live, Other than Pure-Bred Breeding Animals in Guatemala - 2023

Contents:

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

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

The average import price for horses; live, other than pure-bred breeding animalses stood at $19,000 per unit in 2022, surging by 50% against the previous year. Overall, the import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 123% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 ($28,056 per unit), while the price for Spain ($2,368 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.0%), 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 Guatemala (FOB) - 2022

The average export price for horses; live, other than pure-bred breeding animalses stood at $1,847 per unit in 2022, declining by -34% against the previous year. Overall, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of 259% against the previous year. The export price peaked at $3,396 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($4,046 per unit), while the average price for exports to Costa Rica ($1,048 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 Panama (+17.9%), 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 Guatemala

Imports of horses; live, other than pure-bred breeding animalses into Guatemala shrank significantly to 9 units in 2022, falling by -30.8% compared with 2021 figures. In general, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 18%. Imports peaked at 15 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 rose slightly to $171K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. Belgium (3.0 units)
2. United States (2.0 units)
3. Netherlands (1.0 units)
4. Colombia (1.0 units)
5. Peru (1.0 units)
6. Spain (1.0 units)

Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Guatemala

In 2022, after three years of growth, there was significant decline in overseas shipments of horses; live, other than pure-bred breeding animalses, when their volume decreased by -98% to 11 units. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 27,350% against the previous year. As a result, the exports reached the peak of 549 units, and then fell notably in the following year.

In value terms, exports of horses; live, other than pure-bred breeding animalses contracted significantly to $20K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 38,300% against the previous year. As a result, the exports reached the peak of $1.5M, and then fell rapidly in the following year.

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

1. Costa Rica (5.0 units)
2. El Salvador (4.0 units)
3. Panama (2.0 units)

Source: IndexBox Market Intelligence Platform