In 2023, the import of live pure-bred breeding horses to the UK stood at an estimated 1.9114 million kilograms. For the subsequent years up to 2028, projections show a steady increase, with 2024 forecasted at 1.9521 million kilograms, growing annually to reach 2.0683 million kilograms by 2028. The year-on-year growth rates range around 1.5%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.5%, indicating a consistent upward trend in imports.
Future trends to watch for include:
- The impact of trade agreements and tariffs on import volumes and costs.
- Potential changes in breeding technology affecting demand for foreign breeds.
- Economic factors influencing spending in the equestrian sector.
- Environmental and animal welfare regulations possibly affecting trade dynamics.
