Rhino Horn Prices In South Africa

What is Rhino Horn?

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Rhino horns are composed largely of the protein keratin, also the chief component in hair, fingernails, and animal hooves. Many poisons are strongly alkaline (or basic) and may have reacted chemically with the keratin.

Rhino Horn Prices In South Africa

How Much Does A Rhino Cost In South Africa?

Each animal was sold for between R155,000 and R165,000, on average. During recent years, rhino prices have declined steadily due to the growth in rhino ownership in private hands. A rhino was bought by the park for roughly R330,000, and this value has stood at about R359,000 recently.

How Much Does It Cost To Buy A Rhino Horn?

A kilo of rhinoceros horn can sell for an average price of R7359480.00 on the black market if the horn is Asian, and R367974.00 if the horn is African.

Is it legal to sell rhino horns in South Africa?

On top of these costs, the ability to earn money from owning a rhino has all but been eliminated by bureaucracy. While selling horns locally is now legal, it is almost impossible to get the necessary permits from the Department of Environmental Affairs (DEA).

How much does a rhino cost in South Africa?

The average price of the three adult males sold was just under R150,000 per animal. The record price of a rhino sold by the park stands at about R330,000, but rhino prices have been steadily decreasing as the number of rhinos in private hands has increased.

Why is rhino horn illegal?

Currently, international trade in rhino horn is banned under CITES, in response to growing concerns that increasing demand from Asian nations over the last decade has led to a poaching crisis that has decimated many African rhino populations.

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