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

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

The average import price for horses; live, pure-bred breeding animalses stood at $5,498 per unit in 2022, surging by 66% against the previous year. Over the period under review, the import price enjoyed a measured increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 158%. Over the period under review, average import prices reached the maximum at $10,799 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 Spain ($1,370 per unit), while the price for Peru ($181 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (-12.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for horses; live, pure-bred breeding animalses stood at $3,036 per unit in 2022, picking up by 33% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. The export price peaked at $8,273 per unit in 2012; however, from 2013 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 the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -14.5% per year.

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

After two years of decline, overseas purchases of horses; live, pure-bred breeding animalses increased by 200% to 6 units in 2022. In general, imports, however, continue to indicate a precipitous curtailment. Imports peaked at 29 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, horses; live, pure-bred breeding animals imports skyrocketed to $36K in 2022. Overall, imports, however, recorded a abrupt slump. Over the period under review, imports hit record highs at $66K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Horses; Live, Pure-Bred Breeding Animals in Ecuador (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	107	35.6	1.7	14.3	-48.9%
Netherlands	101	17.7	1.4	10.9	-52.4%
United States	93.2	4.4	0.1	5.9	-60.1%
Peru	49.7	3.6	0.1	3.3	-59.5%
Chile	15.1	6.4	0.4	2.8	-43.0%
Others	-299.8	-2.9	3.0	-1.5	-82.9%
Total	66.2	64.8	6.6	35.7	-18.6%

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

Peru (18.0 units)
Netherlands (14.0 units)
Spain (10.0 units)
United States (6.0 units)
Chile (4.0 units)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of horses; live, pure-bred breeding animalses, when their volume decreased by -28.6% to 10 units. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 133% against the previous year. As a result, the exports attained the peak of 14 units, and then plummeted in the following year.

In value terms, horses; live, pure-bred breeding animals exports contracted to $30K in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 146%. Over the period under review, the exports reached the maximum at $32K in 2021, and then reduced in the following year.