Price for Horses; Live, Other than Pure-Bred Breeding Animals in Singapore - 2023
Contents:
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Singapore (CIF) - 2022
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Singapore (FOB) - 2022
- Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Singapore
- Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Singapore
Price for Horses; Live, Other than Pure-Bred Breeding Animals in Singapore (CIF) - 2022
In 2022, the average import price for horses; live, other than pure-bred breeding animalses amounted to $13,655 per unit, with an increase of 22% against the previous year. Overall, the import price, however, saw a pronounced slump. Over the period under review, average import prices hit record highs at $19,934 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($36,267 per unit), while the price for Germany ($6,964 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Horses; Live, Other than Pure-Bred Breeding Animals in Singapore (FOB) - 2022
In 2022, the average export price for horses; live, other than pure-bred breeding animalses amounted to $2,154 per unit, falling by -22.5% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2015 when the average export price increased by 93% against the previous year. As a result, the export price reached the peak level of $6,465 per unit. From 2016 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($2,061 per unit), while the average price for exports to Malaysia amounted to $1,943 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-5.3%).
Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Singapore
In 2022, supplies from abroad of horses; live, other than pure-bred breeding animalses was finally on the rise to reach 276 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt setback. Imports peaked at 525 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of horses; live, other than pure-bred breeding animalses soared to $3.8M in 2022. Over the period under review, imports, however, saw a sharp contraction. Over the period under review, imports of reached the maximum at $9M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Horses; Live, Other than Pure-Bred Breeding Animals in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 4,310 | 2,197 | 902 | 1,856 | -24.5% |
New Zealand | 2,518 | 1,114 | 857 | 893 | -29.2% |
United Kingdom | 435 | 140 | 160 | 335 | -8.3% |
Argentina | 713 | 415 | 496 | 200 | -34.5% |
Japan | 294 | N/A | N/A | 181 | -14.9% |
United States | 378 | 155 | 118 | 123 | -31.2% |
Germany | 101 | 379 | 146 | 118 | 5.3% |
Malaysia | 31.6 | 51.8 | N/A | N/A | 63.9% |
Others | 180 | 386 | 142 | 61.2 | -30.2% |
Total | 8,961 | 4,838 | 2,821 | 3,769 | -25.1% |
Top Suppliers of Horses; Live, Other than Pure-Bred Breeding Animals to Singapore in 2022:
- Australia (110.0 units)
- New Zealand (94.0 units)
- United Kingdom (18.0 units)
- Germany (17.0 units)
- United States (14.0 units)
- Argentina (12.0 units)
- Japan (5.0 units)
Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Singapore
In 2022, approx. 358 units of horses; live, other than pure-bred breeding animalses were exported from Singapore; with a decrease of -18.8% compared with the previous year. Overall, exports saw a deep reduction. The smallest decline of -1.8% was in 2021. The exports peaked at 682 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 plummeted to $771K in 2022. Over the period under review, exports showed a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 0.1% against the previous year. Over the period under review, the exports of hit record highs at $1.5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Horses; Live, Other than Pure-Bred Breeding Animals in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 1,139 | 819 | 862 | 659 | -16.7% |
Australia | 268 | 314 | 269 | 62.9 | -38.3% |
Netherlands | 39.4 | 71.5 | 13.4 | 30.9 | -7.8% |
Others | 44.1 | 20.3 | 81.5 | 18.5 | -25.1% |
Total | 1,491 | 1,225 | 1,226 | 771 | -19.7% |
Top Export Markets for Horses; Live, Other than Pure-Bred Breeding Animals from Singapore in 2022:
- Malaysia (339.0 units)
- Netherlands (15.0 units)
- Australia (3.0 units)
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