Horse Sport Ireland has been engaging with Government since the outbreak of the war in the Middle East in relation to the impact that rising fuel prices are having on the sport horse sector and on equestrian sport.
HSI CEO, Denis Duggan, said: “Since oil prices have increased sharply, Horse Sport Ireland has been expressing the serious concerns of those in the sector to the Tánaiste and Minister for Finance, Simon Harris TD; the Minister for Agriculture, Martin Heydon TD; and to Department officials.
“We highlighted that, by its very nature, the sport horse sector requires vehicles and machinery that consume significant volumes of fuel. The movement of horses, both domestically and internationally, for competition and for sale is fundamental to the viability of businesses and individuals across the industry.
“Rising diesel costs are increasing the cost of attending events, exporting horses, and participating in international competitions, with serious consequences across the industry.”
Linked to fuel prices, HSI also highlighted the knock-on effect on fodder costs, which is likely to arise in the coming months, noting that the cost of grass-based feed will inevitably increase in line with rising fertiliser and fuel prices.
HSI has requested that Government ensure the sport horse and equestrian industries are included in any dispensations or supports afforded to the horse racing sector, the wider agricultural sector, or transport operators.
“Horse Sport Ireland will continue to highlight the issues facing the sector and to engage with Government on behalf of all those who ensure our sport and sector continue to function as a vital part of Ireland’s national and rural economy,” Mr Duggan concluded.