Trade Trends
Between 2019 and 2023, global horse exports fluctuated across the five-year span. The total export value was $1.51B in 2019, dipped to $1.41B in 2020, peaked at $1.68B in 2021, and then declined to $1.54B in 2022 and $1.49B in 2023. This reflects a net decrease of 1.38% from 2019 to 2023.
While the overall decline is modest, the year-to-year volatility suggests sensitivity to broader economic and logistical factors. Horse exports are often influenced by breeding cycles, international competition schedules, and regulatory shifts. The peak in 2021 may reflect post-pandemic recovery in equestrian markets, while the subsequent decline could be tied to tightening transport protocols and shifting demand patterns.
Top Trading Countries
- United Kingdom Export value was $403.06M in 2019, $372.30M in 2023, and $358.44M in 2024. This marks a 7.63% decrease from 2019 to 2023, followed by a further 3.72% drop from 2023 to 2024.
- Ireland Export value rose from $286.69M in 2019 to $405.93M in 2023, then declined to $353.35M in 2024. This reflects a 41.59% increase between 2019 and 2023, followed by a 12.95% decrease from 2023 to 2024.
- United States Export value fell from $249.65M in 2019 to $177.57M in 2023, then increased to $206.68M in 2024. This indicates a 28.87% decline from 2019 to 2023, followed by a 16.39% recovery from 2023 to 2024.
- France Export value rose from $155.17M in 2019 to $195.27M in 2023, and further to $205.88M in 2024. This shows a 25.84% increase from 2019 to 2023, and a 5.43% growth from 2023 to 2024.
- Australia Export value was $108.01M in 2019, $98.56M in 2023, and $104.25M in 2024. This represents an 8.75% decline from 2019 to 2023, followed by a 5.78% increase from 2023 to 2024.
On the Rise
- Denmark Export value increased from $23.25M in 2019 to $26.24M in 2023, then surged to $36.94M in 2024. This reflects a 12.87% rise from 2019 to 2023, and a 40.74% jump from 2023 to 2024.
- Italy Export value grew from $2.28M in 2019 to $3.03M in 2023, and further to $4.54M in 2024. This marks a 33.21% increase from 2019 to 2023, followed by a 49.79% rise from 2023 to 2024.
Disclaimer
These insights are based on available trade data and may not represent the full market reality.
