In 2023, the UK led the global export of live pure-bred breeding horses with a market share of 23.74%, though it experienced a slight decline of 0.32% from the previous year. The United States and Ireland followed closely, sustaining steady growth rates of 2.71% and 1.69% respectively. Notable advancements were made by Japan and Canada, with considerable year-on-year growth of 7.89% and 7.06%. Europe retained a strong presence with France, the Netherlands, and Belgium driving significant contributions through growth of over 3% each. However, Switzerland and Spain faced significant shrinkage, declining by 13.66% and 11.48% respectively.
Future trends to observe include:
- The potential expansion of smaller markets such as Kyrgyzstan and Kuwait, which have shown significant growth rates of 9.73% and 12.05% respectively.
- Continued observation of Eastern European and Asian countries with emerging markets, as seen by Slovakia's impressive 57.68% growth.
- Monitoring of markets facing downturns, like Switzerland and Spain, for any recovery strategies or further declines.
Top countries in Export of Live Pure-Bred Breeding Horses Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 23.74 | 2023 | -0.67% | -0.32% | View data |
| 2 | 2 United States | 22.14 | 2023 | +3.07% | +2.71% | View data |
| 3 | 3 Ireland | 19.58 | 2023 | +1.93% | +1.69% | View data |
| 4 | 4 France | 12.26 | 2023 | +2.96% | +3.18% | View data |
| 5 | 5 Netherlands | 9.69 | 2023 | +4.28% | +6.06% | View data |
| 6 | 6 Australia | 8.99 | 2023 | +2.52% | +2.99% | View data |
| 7 | 7 Germany | 4.08 | 2023 | +2.38% | +2.26% | View data |
| 8 | 8 Belgium | 3.42 | 2023 | +4.29% | +3.13% | View data |
| 9 | 9 Denmark | 1.81 | 2023 | +3.91% | +2.92% | View data |
| 10 | 10 New Zealand | 1.37 | 2023 | +2.82% | +3.41% | View data |
