In 2023, the import of live pure-bred breeding horses to Canada was at a significant benchmark, establishing the foundation for subsequent forecasts. Over the forecast period from 2024 to 2028, there is a consistent upward trend in imports, with year-on-year increases slowly gathering momentum. The compound annual growth rate (CAGR) reflects a stable growth trajectory across these years.
Future trends to watch for include:
• The impact of any regulatory changes in livestock importation.
• Shifts in breeding practices that might influence demand.
• Economic factors potentially affecting the funding and investment in breeding programs.
