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

Contents:

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

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

In 2022, the average import price for horses; live, other than pure-bred breeding animalses amounted to $1,318 per unit, dropping by -6.9% against the previous year. In general, the import price, however, continues to indicate mild growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 52%. As a result, import price reached the peak level of $4,849 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($5,257 per unit), while the price for Brazil stood at $1,031 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.0%).

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

In 2022, the average export price for horses; live, other than pure-bred breeding animalses amounted to $6,058 per unit, increasing by 1.7% against the previous year. Overall, the export price, however, saw a drastic downturn. The growth pace was the most rapid in 2014 an increase of 38%. As a result, the export price reached the peak level of $11,593 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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 Germany ($7,372 per unit), while the average price for exports to Malta ($2,500 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 Paraguay (+19.2%), 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 Uruguay

In 2022, the amount of horses; live, other than pure-bred breeding animalses imported into Uruguay totaled 1.3K units, growing by 11% on 2021 figures. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 113% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of horses; live, other than pure-bred breeding animalses amounted to $1.8M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 64%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Brazil (1253.0 units)
2. Argentina (61.0 units)

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

In 2022, overseas shipments of horses; live, other than pure-bred breeding animalses were finally on the rise to reach 111 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a dramatic decrease. Over the period under review, the exports of reached the peak figure at 267 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of horses; live, other than pure-bred breeding animalses surged to $672K in 2022. Over the period under review, exports, however, recorded a significant decrease. Over the period under review, the exports of reached the peak figure at $1.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. United Arab Emirates (44.0 units)
2. Germany (19.0 units)
3. United Kingdom (13.0 units)
4. Mexico (6.0 units)
5. Malta (6.0 units)
6. Brazil (5.0 units)
7. Argentina (4.0 units)
8. United States (2.0 units)
9. France (2.0 units)
10. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform