The forecast for the import of live horses, excluding pure-bred breeding, into India indicates a steady increase from 2024 to 2028, with values rising from 140.89 to 162.78 thousand kilograms. The year-on-year growth rate hovers around 3.9%, highlighting a consistent upward trend. The compound annual growth rate (CAGR) over the five-year forecast period is estimated at approximately 3.7%.
Trends to watch for in this market include:
- Potential impacts of regulatory changes in import policies.
- Shifts in demand linked to economic factors or changes in local livestock industries.
- Influence of global equine flu or other animal health crises.