The forecast for the re-import of live pure-bred breeding horses to Canada shows a steady and incremental growth from 2024 to 2028. Starting at 36 units in 2024 and increasing slightly each subsequent year, reaching 38 units in 2028. Historically, the value for 2023 stood unchanged at 36 units, indicating stability.
Year-on-year variations suggest a 0% change from 2024 to 2025, followed by a 2.7% increase from 2026 onwards. The five-year compound annual growth rate (CAGR) reveals a modest upward trend, signifying a stable market with low volatility.
Future trends to watch for include:
- Potential impact of trade policies on re-imports
- Emerging interest in breeding technologies
- Market dynamics in international trade affecting supply
- Shifts in demand due to changes in the equestrian industry
