In analyzing the export of horses from Chile to the UAE, there has been considerable volatility since 2013, with figures peaking at 64 heads in 2014 before declining sharply. The period from 2015 to 2021 exhibited fluctuations, including significant fall-offs such as in 2020 when exports dropped to 3 heads. As of 2023, the exports stood at 23 heads, which presents a marked recovery from previous lows.
Key trends include:
- 2013-2014: An increase of 88.24% year-on-year.
- 2015-2016: Declines of 53.12% and 36.67% respectively.
- 2017: A further drop of 68.42% year-on-year.
- 2018-2019: Recovery with an 83.33% increase followed by 18.18%.
- 2020: A steep decline of 76.92%.
- 2021-2023: Recovery phases with growth rates of 366.67% in 2021, 35.71% in 2022, and 21.05% in 2023.
The Compound Annual Growth Rate (CAGR) for the last five years up to 2023 is 15.9%. Forecasts for the next five years indicate stability with no expected growth, maintaining at 23 heads.
Future trends to watch for include potential changes in trade policies, market demand in the UAE, and shifts in breeding and export strategies in Chile. Stable forecasts suggest limited market expansion without external influences driving new demand or supply changes.
