Price for Horses; Live, Other than Pure-Bred Breeding Animals in Nigeria - 2022
Contents:
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Nigeria (CIF) - 2022
- Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Nigeria
Price for Horses; Live, Other than Pure-Bred Breeding Animals in Nigeria (CIF) - 2022
In 2022, the average import price for horses; live, other than pure-bred breeding animalses amounted to $3,560 per unit, waning by -27.7% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 49% against the previous year. The import price peaked at $5,589 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Qatar ($3,818 per unit), while the price for Ethiopia stood at $3,167 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Nigeria
After two years of decline, supplies from abroad of horses; live, other than pure-bred breeding animalses increased by 137% to 187 units in 2022. In general, imports recorded a resilient increase. 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 surged to $666K in 2022. Overall, imports recorded a relatively flat trend pattern. 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 Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | N/A | 431 | 0% |
| Ethiopia | N/A | 214 | 151 | 234 | 4.6% |
| Argentina | 460 | 239 | 203 | N/A | -33.6% |
| United Kingdom | 65.8 | 37.1 | 34.4 | N/A | -27.7% |
| Others | 133 | 1.4 | 0.7 | N/A | -92.7% |
| Total | 658 | 491 | 389 | 666 | 0.4% |
Top Suppliers of Horses; Live, Other than Pure-Bred Breeding Animals to Nigeria in 2022:
- Qatar (113.0 units)
- Ethiopia (74.0 units)
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