The forecast for the import of live horses to India, excluding pure-bred breeding horses, indicates a gradual increase from 2024 to 2028. In 2023, the import stood at approximately 3.75 million USD. With values expected to rise from 3.91 million USD in 2024 to 4.56 million USD by 2028, this represents an approximate year-on-year growth of 4%. The compound annual growth rate (CAGR) over the forecasted period is projected to be around 3.8%.

Future trends to watch for include:

Shifts in equine industry demands driven by changes in sports and recreation sectors.
Potential regulatory changes impacting live animal imports in India.
Economic factors influencing international trade and currency exchange rates.
Technological advancements in logistics improving transportation efficiency.