The value of horse exports from the US to the UAE stood at $23.49 million in 2023. Over the past two years, this market experienced changes with a year-on-year variation of 14.69% in 2022 and 8.43% in 2023. When examining the average variation over the past five years, the compound annual growth rate (CAGR) stands at -0.37%. The forecasted data from 2024 to 2028 show a slight decline with a forecasted 5-year CAGR of -0.17%, projecting a generally stable but marginally decreasing trend in export values.
Future trends to watch for include shifts in demand dynamics in the UAE equestrian market, fluctuations in international trade policies, and potential changes in breeding and transport costs that could impact overall export values.
