Price for Horses; Live, Pure-Bred Breeding Animals in Nepal - 2022

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

The average import price for horses; live, pure-bred breeding animalses stood at $310 per unit in 2022, surging by 22% against the previous year. Over the period under review, the import price showed buoyant growth. The growth pace was the most rapid in 2013 an increase of 136%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +18.3% per year.

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

Horses; live, pure-bred breeding animals imports into Nepal shrank significantly to 13 units in 2022, waning by -23.5% on the previous year. Over the period under review, imports faced a dramatic decline. The growth pace was the most rapid in 2021 when imports increased by 13%. Imports peaked at 163 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, horses; live, pure-bred breeding animals imports declined to $4K in 2022. Overall, imports continue to indicate a precipitous curtailment. The smallest decline of -6.1% was in 2021. Imports peaked at $35K in 2019; however, from 2020 to 2022, imports remained at a lower figure.