The forecast for the import of live horses, excluding pure-bred breeding horses, to France indicates a steep decline from 2024 to 2028. The import value is projected to drop from $4.5918 million in 2024 to $1.1915 million by 2028. This decline reflects a significant year-on-year reduction over the period, with the most noticeable decrease expected between 2027 and 2028. The compound annual growth rate (CAGR) over these five years highlights a consistent downturn in the market, pointing to a waning demand or possible shifts in trade dynamics.
Future trends to monitor include:
- Changes in France's domestic horse industry that could affect import demand.
- Potential trade agreements or policy changes impacting international horse trade.
- Shifts in global equestrian sports and leisure activities possibly influencing export and import patterns.