Price for Horses; Live, Pure-Bred Breeding Animals in Bulgaria - 2023

Contents:

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

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

The average import price for horses; live, pure-bred breeding animalses stood at $12,404 per unit in 2022, picking up by 50% against the previous year. Overall, the import price, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2020 an increase of 60%. The import price peaked at $27,736 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($26,684 per unit), while the price for Turkey ($829 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+33.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Horses; Live, Pure-Bred Breeding Animals in Bulgaria (FOB) - 2022

In 2022, the average export price for horses; live, pure-bred breeding animalses amounted to $9,705 per unit, with an increase of 324% against the previous year. Overall, the export price, however, showed a deep downturn. Over the period under review, the average export prices hit record highs at $51,822 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($18,863 per unit), while the average price for exports to Mongolia ($77 per unit) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+27.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of horses; live, pure-bred breeding animalses decreased by -58.1% to 39 units, falling for the second consecutive year after two years of growth. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 3,000%. As a result, imports attained the peak of 124 units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, horses; live, pure-bred breeding animals imports fell notably to $484K in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 4,858%. Imports peaked at $768K in 2021, and then contracted rapidly in the following year.

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

1. Netherlands (10.0 units)
2. Germany (9.0 units)
3. France (6.0 units)
4. Russia (5.0 units)
5. Poland (4.0 units)
6. Turkey (2.0 units)
7. Belgium (2.0 units)
8. United Kingdom (1.0 units)

Exports of Horses; Live, Pure-Bred Breeding Animals in Bulgaria

In 2022, after three years of growth, there was significant decline in overseas shipments of horses; live, pure-bred breeding animalses, when their volume decreased by -37.4% to 117 units. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 202% against the previous year. As a result, the exports attained the peak of 187 units, and then dropped sharply in the following year.

In value terms, horses; live, pure-bred breeding animals exports surged to $1.1M in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 231%. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Germany (58.0 units)
2. Belgium (29.0 units)
3. Mongolia (29.0 units)

Source: IndexBox Market Intelligence Platform