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

Contents:

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

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

In 2022, the average import price for horses; live, other than pure-bred breeding animalses amounted to $9,647 per unit, jumping by 46% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($18,975 per unit), while the price for Peru ($3,476 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+25.6%), 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 Ecuador (FOB) - 2022

In 2022, the average export price for horses; live, other than pure-bred breeding animalses amounted to $2,857 per unit, shrinking by -12.8% against the previous year. In general, the export price, however, showed a temperate expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 78%. As a result, the export price attained the peak level of $3,884 per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,000 per unit), while the average price for exports to Panama amounted to $2,667 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+77.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 81 units of horses; live, other than pure-bred breeding animalses were imported into Ecuador; with a decrease of -27% on 2021 figures. Over the period under review, imports faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 102% against the previous year. Imports peaked at 134 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of horses; live, other than pure-bred breeding animalses rose significantly to $781K in 2022. Overall, imports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 81% against the previous year. Imports peaked at $889K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. Argentina (45.0 units)
2. Spain (16.0 units)
3. Peru (11.0 units)
4. United States (2.0 units)
5. Germany (2.0 units)
6. Belgium (2.0 units)
7. Netherlands (1.0 units)

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

In 2022, the amount of horses; live, other than pure-bred breeding animalses exported from Ecuador fell significantly to 7 units, shrinking by -22.2% on 2021. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 200% against the previous year. Over the period under review, the exports of hit record highs at 10 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of horses; live, other than pure-bred breeding animalses shrank dramatically to $20K in 2022. Overall, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 269% against the previous year. As a result, the exports attained the peak of $30K, and then shrank sharply in the following year.

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

1. United States (4.0 units)
2. Panama (3.0 units)

Source: IndexBox Market Intelligence Platform