The forecast for the re-import of live horses, except pure-bred breeding, to Canada indicates a stable trend from 2024 to 2028, with the value expected to remain at 32 units annually. In 2023, the actual value stood at the same level, suggesting no change anticipated in the near term. The lack of variation year-on-year and the zero percent Compound Annual Growth Rate (CAGR) over the five-year period highlights a stagnant market with no growth or decline.
Future trends to watch for:
- Potential regulatory changes impacting horse imports.
- Fluctuations in global equine transport patterns.
- Economic factors affecting the demand and supply of horses in Canada.
- Developments in equine health and safety standards.
