Price for Horses; Live, Other than Pure-Bred Breeding Animals in Russia - 2022

Contents:

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

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

In 2022, the average import price for horses; live, other than pure-bred breeding animalses amounted to $9,330 per unit, increasing by 61% against the previous year. In general, the import price posted a prominent increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 117%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($37,130 per unit), while the price for Latvia ($3,302 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+27.6%), 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 Russia (FOB) - 2022

In 2022, the average export price for horses; live, other than pure-bred breeding animalses amounted to $491 per unit, declining by -7.1% against the previous year. In general, the export price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2016 an increase of 102% against the previous year. As a result, the export price attained the peak level of $1,190 per unit. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($490 per unit), while the average price for exports to Kyrgyzstan ($173 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 Mongolia (-10.2%), while the prices for the other major destinations experienced a decline.

Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Russia

In 2022, the amount of horses; live, other than pure-bred breeding animalses imported into Russia soared to 557 units, picking up by 17% compared with the previous year. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 113%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of horses; live, other than pure-bred breeding animalses skyrocketed to $5.2M in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 137%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Netherlands (417.0 units)
2. Germany (54.0 units)
3. Denmark (51.0 units)
4. Czech Republic (14.0 units)
5. France (7.0 units)

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

In 2022, overseas shipments of horses; live, other than pure-bred breeding animalses decreased by -39.1% to 3K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 167%. As a result, the exports reached the peak of 4.9K units, and then shrank markedly in the following year.

In value terms, exports of horses; live, other than pure-bred breeding animalses declined rapidly to $1.5M in 2022. In general, exports, however, recorded resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 93%. As a result, the exports reached the peak of $2.6M, and then fell rapidly in the following year.

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

1. Kazakhstan (2636.0 units)
2. Lithuania (159.0 units)
3. Mongolia (87.0 units)
4. Kyrgyzstan (72.0 units)

Source: IndexBox Market Intelligence Platform