The import of live pure-bred breeding horses to Japan is anticipated to remain stable from 2024 to 2028, with values holding constant at around 120 each year. For 2024, imports are slightly higher at 121, marking a minimal decrease of approximately 0.83% compared to 2023's actual imports. The compound annual growth rate (CAGR) over the five-year period is approximately -0.20%. This stable trend suggests limited variability in import levels across these years, reflecting potentially consistent demand and established breeding programs.
Future trends to monitor include:
- Potential changes in Japan's breeding policies which could affect import volumes.
- Market fluctuations in the global equine industry that might influence availability and pricing.
- Technological advancements in equine genetics that could reduce reliance on imports.