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

Contents:

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

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

In 2022, the average import price for horses; live, other than pure-bred breeding animalses amounted to $7,529 per unit, shrinking by -32.9% against the previous year. Over the period under review, the import price, however, posted a buoyant expansion. The growth pace was the most rapid in 2015 when the average import price increased by 283% against the previous year. Over the period under review, average import prices hit record highs at $11,217 per unit in 2021, and then reduced dramatically in the following year.

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 the United States ($20,187 per unit), while the price for Guatemala ($4,653 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+56.3%), 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 Costa Rica (FOB) - 2022

The average export price for horses; live, other than pure-bred breeding animalses stood at $5,600 per unit in 2022, falling by -4.6% against the previous year. Overall, the export price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 109%. The export price peaked at $5,871 per unit in 2021, and then declined in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +36.5% per year.

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

In 2022, approx. 11 units of horses; live, other than pure-bred breeding animalses were imported into Costa Rica; shrinking by -50% compared with the year before. Over the period under review, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 120%. As a result, imports reached the peak of 22 units, and then contracted significantly in the following year.

In value terms, imports of horses; live, other than pure-bred breeding animalses fell rapidly to $83K in 2022. Overall, imports faced a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 312%. As a result, imports attained the peak of $247K, and then fell remarkably in the following year.

Import of Horses; Live, Other than Pure-Bred Breeding Animals in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua18.813.155.458.045.6%
United States6.32.335.320.247.5%
Guatemala7.35.618.44.7-13.7%
Spain23.516.337.0N/A25.5%
Argentina14.910.814.3N/A-2.0%
Belgium2.91.21.1N/A-38.4%
ChinaN/AN/A4.0N/A0%
Panama1.70.81.2N/A-16.0%
Mexico2.61.63.1N/A9.2%
Netherlands22.98.36.3N/A-47.5%
CanadaN/AN/AN/AN/A0%
Others22.9N/A70.8N/A75.8%
Total12459.924782.8-12.6%

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

  1. Nicaragua (9.0 units)
  2. United States (1.0 units)
  3. Guatemala (1.0 units)

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

In 2022, approx. 5 units of horses; live, other than pure-bred breeding animalses were exported from Costa Rica; reducing by -16.7% against the year before. In general, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 20%. The exports peaked at 35 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 reduced markedly to $28K in 2022. Over the period under review, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 107%. Over the period under review, the exports of reached the peak figure at $132K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Horses; Live, Other than Pure-Bred Breeding Animals in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11.53.68.328.034.5%
Guatemala31.68.88.3N/A-48.7%
Panama5.71.40.9N/A-60.3%
Mexico80.83.317.7N/A-53.2%
Honduras1.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total13217.035.228.0-40.4%

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

  1. United States (5.0 units)

Source: IndexBox Market Intelligence Platform

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