The export of horses from Brazil to Chile has shown significant fluctuations in value over the past decade, standing at 43.0 thousand USD in 2023. Notably, 2016 marked a peak with a substantial surge, after which the exports varied considerably, showing both sharp declines and increases year-on-year. The average annual growth rate (CAGR) over the past five years has been rather modest at 1.76% and is projected to result in a 9.09% growth rate by 2028.
In recent years (2022-2023), the annual variation was 13.16%, suggesting a gradual growth recovery. Close monitoring of market dynamics, competitive factors from other equine exporters, potential changes in trade policies, and economic conditions in both countries will be crucial for anticipating future trends and seizing growth opportunities.
