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MARKETWATCH b y Jeff Sloan
Arabian Horse World’s new “MarketWatch” feature is intended to keep our Arabian horse community apprised of market dynamics and conditions that are relevant to our interests, whether as breeders, trainers, or breed service providers. In this feature, it is our intention to research and report on interesting sales and related transactions that can provide insights into our breed’s market conditions as well as to provide valuable pricing benchmarks.
One of the Participation interesting and interest in aspects of being Arabian horses in the Arabian has been very horse business is strong and that it is a global growing steadily business. This in Saudi for many benefits years. It seems to participants not me that there has only with been a shift away opportunities to from the large travel to exotic royal stables places but also dominating the with a broader scene here to marketplace more small but that is not serious breeders. dependent Very recently, Muteb Saad with BADAWIA AL MUAWD (Emerald J X Mistill Al Muawd). solely on the U.S. there has been market. And so in an influx of this issue we turn our attention to the Arabian younger, passionate enthusiasts of both genders who horse market in Saudi Arabia with help of Muteb are eager to learn. It’s an exciting time to be young and Saad and Montana Henke, who are deeply looking to the future in this country and that seems to embedded in the Arabian horse business in Saudi. be translating to the horse industry as well. Scottsdale residents Montana and husband Muteb What types of horses are most appealing to the spend the winters/show season in Riyadh, Saudi market in Saudi, and what is average price range? Arabia, where Muteb owns the largest professional The Middle East has a long tradition of being a training center here, with three on-staff trainers meeting place and historic center of trade in the world, and a premier facility boasting over 80 stalls, a veritable mixing pot where East meets West. This Prestige Training Center. We spoke with Montana holds true for the Arabian horse business in the recently to give us a better perspective on the modern day as well, where for the past several current status of the Arabian horse market in decades, breeders here in the Gulf states (UAE, Qatar, Saudi Arabia. Saudi, and Kuwait) have imported horses from both the Americas and Europe and mixed them together in The Arabian horse market in Saudi is one of the unprecedented numbers since perhaps the mass fastest growing for Arabian horse purchases and imports of Polish horses were added to the early sales. Do you get the sense that the market is just American foundation lines. This has resulted in a very beginning or at its peak?
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