The forecast for the import of live horses, excluding pure-bred breeding, to India shows a steady increase from 2024 to 2028, with values projected at 185 in 2024 and rising to 213 by 2028. In 2023, the actual import stood at 178. Year-on-year growth from 2024 to 2025 is approximately 3.78%, maintaining a consistent trend through to 2028. Over the next five years, the compound annual growth rate (CAGR) is expected to be around 3.70%, indicating a steady increase in importation volume.
Future trends to watch for include:
- Infrastructure and policy developments affecting import regulations.
- Economic factors influencing demand and purchasing power.
- Trade relationships and agreements impacting supply chain efficiency.
- Shifts in equestrian sports and recreational activities affecting demand.
