The horse business jumps over 7.4 billion
Purebred Spanish equines total 291,138 specimens and are distributed around the world at prices of up to 500,000 euros.
The Spanish purebred horse industry is worth 7.392 billion euros, according to a 2022 report by Deloitte. The breed, known as Pura Raza Española (PRE), accounts for 70% of the country's horse population and is prized for its purity, dating back to King Philip II. Carlos Bohórquez Domecq, president of the Real Asociación Nacional de Criadores de PRE (ANCCE), notes that the breed's noble, docile, and faithful nature has been shaped over the centuries.
Olympic rider José Daniel Martín Dockx, who trains in New York, says it is possible to make a living from the industry, but notes that Spain started competing late and trails behind Germany, Denmark, and England.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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- The horse business jumps over 7.4 billion elpais.com
