In 2023, the import value of live horses, asses, mules, and hinnies into Germany was estimated at approximately USD 33.617 million. From 2024 onwards, the forecast suggests a steady annual increase in import value, reaching USD 36.156 million by 2028. This reflects consistent growth with a Compound Annual Growth Rate (CAGR) of about 2.15% over the five-year forecast period. The year-on-year variation in import value demonstrates a stable upward trend, indicating escalating demand or shifts in market dynamics.
Future trends to watch for:
- Potential changes in trade policies or regulations affecting animal imports.
- Shifts in equestrian sports popularity or breeding needs influencing import demand.
- Fluctuations in currency exchange rates impacting import costs and value.