The import of live horses, excluding pure-bred breeders, into the US was valued at approximately 600 million USD in 2023. The forecast data, starting from 2024, indicates a steady upward trend, reaching a value of 693.24 million USD by 2028, reflecting gradual annual growth. Year-on-year growth from 2024 to 2025 is projected at approximately 2.80%, with a similar trend continuing annually, leading to a compound annual growth rate (CAGR) of about 2.50% over the five-year period. This steady growth suggests a consistent demand increase for live horses in this category.
Future trends to watch for include:
- Potential impacts of trade policies and tariffs.
- Changes in equine industries, such as sports and entertainment, impacting demand.
- Technological advancements in equine transportation and care.
- Shifts in international trade relations and demand within emerging markets.