What is the price of live horses per kilogram/pound in South Korea today?
The retail price range for South Korea live horses is between US$ 4.79 and US$ 8.63 per kilogram or between US$ 2.17 and US$ 3.91 per pound(lb). Click here to see today's exact prices of live horses in South Korea
The retail price range in South Korean won for live horses is between KRW 6,384.54 and KRW 11,502.41 per kilogram or between KRW 2,895.48 and KRW 5,216.51 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea live horses is between US$ 3.35 and US$ 6.04 per kilogram or between US$ 1.52 and US$ 2.74 per pound(lb).
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South Korea Live Horses Export Prices - Historical, Trends and Prediction
The export price per kilogram of Live Horses from South Korea has seen a steady increase over the last five years. In 2013, the price was 44.00 US dollars per kg, and in 2017 it had risen to 79.25 US dollars per kg. In 2018, the price dropped slightly to 66.43 US dollars per kg, before rising again to 628.83 US dollars per kg in 2019. The most recent data shows that the price has dropped to 85.00 US dollars per kg in 2020. Based on this trend, it is predicted that the export price per kilogram of Live Horses from South Korea will be 107.00 US dollars per kg in 2023 and 124.00 US dollars per kg in 2024.The live horses exports from South Korea are classified as:
- Live asses, mules and hinnies (HS code 010120)
- Pure-bred breeding horses (HS code 010111)
- Pure-bred breeding horses and asses (HS code 010110)
- Pure-bred breeding horses (HS code 010121)
- Live horses (excluding pure-bred for breeding) (HS code 010119)
- Live horses (excluding pure-bred for breeding) (HS code 010129)
South Korea Live Horses Import Prices - Historical, Trends and Prediction
The import price per kilogram for Live Horses into South Korea over the last five years has been quite varied. In 2016, the price was 37.67 US dollars per kg, followed by 79.25 US dollars per kg in 2017. In 2018, the price dropped to 66.43 US dollars per kg, before rising to 628.83 US dollars per kg in 2019. The price then dropped again to 85.00 US dollars per kg in 2020, before rising to 107.00 US dollars per kg in 2022. Based on this data, it is likely that the import price per kilogram for Live Horses into South Korea will continue to fluctuate in the coming years. It is predicted that the price in 2023 will be around 95.00 US dollars per kg, and in 2024 it will be around 110.00 US dollars per kg.Export values for South Korea live horses
The total values in export for live horses in South Korea were US$ 113, US$ 317, US$ 930 and US$ 3,773 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Livestock category in South Korea: Live Donkeys, Live Mules, Live Cattle, Live Buffalo, Live Pigs, Live Sheep, Live Goats, Live Chicken, Live Turkey & Live Ducks.
See prices of live horses in other countries across Asia: Kazakhstan live horses, Kyrgyzstan live horses, Tajikistan live horses, Turkmenistan live horses, Uzbekistan live horses, China live horses, Hong Kong live horses, Macao live horses, North Korea live horses & Mongolia live horses.
South Korea live horses - Production, Exports, Imports, Seasons and HS Codes
The quantity of live horses exported by South Korea in 2020 was 1 tons. In 2019 South Korea exported 6 tonnes of live horses. Through 2019 alone, the interest in South Korea live horses (livestock category) has shrunk, changing by -57.143 % compared to the year 2018. Between 2017 and 2019, live horses' exports grew by 50% earning the nation US$3.77m for the year 2019. South Korea's live horses exports are categorised as:
- Pure-bred breeding horses (HS code 010111)
- Live horses (excluding pure-bred for breeding) (HS code 010119)
- Pure-bred breeding horses and asses (HS code 010110)
- Live asses, mules and hinnies (HS code 010120)
- Live horses (excluding pure-bred for breeding) (HS code 010129)
- Pure-bred breeding horses (HS code 010121)
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South Korea live horses export values
In 2019, South Korea shipped live horses with a value of 3.77m USD, an increment of 305.38% from 2018's total live horses export of 0.93m USD. The annual change in value of South Korea live horses between 2017 to 2018 was 193.375 per cent.
The per year variation in the quantity of South Korea's live horses exports between 2017 and 2019 was 50 percent when compared to a variation of -57.143% in the growth rate between 2018 and 2019.
Export markets for South Korea live horses ( in '000$ )
South Korea's leading export markets for live horses are US, United Arab Emirates (UAE), Japan, Vietnam and Thailand.
South Korea imported 253 tonnes of live horses in 2019.