In 2023, the value for imports of live horses except pure-bred breeding into the UK stood at an unspecified level. By 2024, forecasts estimate this value will rise to 3.22 thousand. The trend shows an incremental annual growth, with the forecast for 2025 at 3.34 thousand, reaching 3.71 thousand by 2028. This indicates a steady year-on-year increase, illustrating a positive trend in the UK’s import market for these horses. Over the five-year forecast period, the compounded annual growth rate (CAGR) reflects a consistent upward movement in imports.
Future trends to watch for include:
- The potential impact of economic conditions on import volumes.
- Changes in regulatory policies affecting imports.
- Shifts in demand for sporting or leisure activities involving horses.
- Fluctuations in international trade agreements or tariffs.
