Price for Horses; Live, Pure-Bred Breeding Animals in Thailand - 2023

Contents:

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

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

In 2022, the average import price for horses; live, pure-bred breeding animalses amounted to $8,169 per unit, reducing by -28.9% against the previous year. Overall, the import price, however, posted buoyant growth. The growth pace was the most rapid in 2019 an increase of 176%. The import price peaked at $11,495 per unit in 2021, and then fell markedly 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 Argentina ($15,143 per unit), while the price for the United States ($4,513 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+113.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for horses; live, pure-bred breeding animalses stood at $246 per unit in 2022, rising by 18% against the previous year. Over the period under review, the export price, however, recorded a slight decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 80%. Over the period under review, the average export prices reached the peak figure at $2,032 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Lao People's Democratic Republic.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +1,022.8% per year.

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

In 2022, the amount of horses; live, pure-bred breeding animalses imported into Thailand soared to 91 units, picking up by 38% compared with 2021. Overall, imports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 69%. Over the period under review, imports attained the maximum at 127 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, horses; live, pure-bred breeding animals imports fell modestly to $743K in 2022. In general, imports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 167%. Over the period under review, imports reached the peak figure at $940K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Horses; Live, Pure-Bred Breeding Animals in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina899244519227-36.8%
NetherlandsN/A25.314.1192175.5%
United Kingdom7.4N/AN/A122154.5%
HungaryN/AN/A18283.6-54.1%
SpainN/AN/AN/A47.20%
BelgiumN/AN/AN/A44.40%
United States33.815.143.227.1-7.1%
OthersN/AN/AN/AN/A0%
Total940284759743-7.5%

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

  1. Netherlands (35.0 units)
  2. United Kingdom (18.0 units)
  3. Argentina (15.0 units)
  4. Hungary (8.0 units)
  5. United States (6.0 units)
  6. Spain (6.0 units)
  7. Belgium (3.0 units)

Exports of Horses; Live, Pure-Bred Breeding Animals in Thailand

In 2022, the amount of horses; live, pure-bred breeding animalses exported from Thailand skyrocketed to 7.7K units, with an increase of 23,085% on the previous year. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, horses; live, pure-bred breeding animals exports soared to $1.9M in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Horses; Live, Pure-Bred Breeding Animals in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lao People's Democratic RepublicN/AN/A6.61,71725915.2%
Brunei Darussalam130N/AN/AN/A0%
Others6.518.30.3169196.2%
Total13618.36.91,886140.3%

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

  1. Lao People's Democratic Republic (7.6K units)

Source: IndexBox Market Intelligence Platform

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