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

Contents:

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

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

In 2022, the average export price for horses; live, other than pure-bred breeding animalses amounted to $176 per unit, surging by 36% against the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by 100% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,038 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($169 per unit), while the average price for exports to Kyrgyzstan stood at $154 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-26.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for horses; live, other than pure-bred breeding animalses amounted to $1,112 per unit, falling by -24% against the previous year. Over the period under review, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 197% against the previous year. The import price peaked at $3,828 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -4.2% per year.

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

In 2022, exports of horses; live, other than pure-bred breeding animalses from Azerbaijan skyrocketed to 3.5K units, with an increase of 565% against the year before. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of horses; live, other than pure-bred breeding animalses soared to $619K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Horses; Live, Other than Pure-Bred Breeding Animals in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/A41.35361197.8%
Kyrgyzstan7.3N/A15.545.483.9%
Uzbekistan69.628.9N/AN/A-58.5%
Others9.69.111.638.258.5%
Total86.538.068.361992.7%

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

  1. Kazakhstan (3.2K units)
  2. Kyrgyzstan (0.3K units)

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

In 2022, approx. 31 units of horses; live, other than pure-bred breeding animalses were imported into Azerbaijan; picking up by 417% on 2021 figures. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 500% against the previous year. Over the period under review, imports of attained the peak figure 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 surged to $34K in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Horses; Live, Other than Pure-Bred Breeding Animals in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3.01.02.234.5125.7%
SwitzerlandN/AN/A1.1N/A0%
CroatiaN/AN/A1.2N/A0%
LatviaN/AN/A0.7N/A0%
PolandN/AN/A3.7N/A0%
Netherlands1.2N/AN/AN/A0%
Others7.31.8N/AN/A-75.3%
Total11.62.98.834.543.8%

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

  1. Russia (31.0 units)

Source: IndexBox Market Intelligence Platform

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