Germany - Milking Machines - Market Analysis, Forecast, Size, Trends and Insights
Germany’s Milking Machines Market Reached 254M EUR
According to market research conducted by IndexBox, from 2007 to 2013, Germany's milking machines market showed mixed dynamics. A significant drop in 2009-2010 (-38% and -7% Y-o-Y) was followed by a sharp increase in 2011-2012 (+22% and +123% Y-o-Y). In 2013, the market increased by 2%, reaching 254 million EUR.
Germany's milking machines consumption growth is expected to slow to 3% (currently +12%), amidst uncertainty on export markets. In the past, consumption in CIS countries was fueled by rising purchasing power, but this engine of growth is now under pressure from the current economic slowdown.
The Netherlands and Sweden were the main suppliers of milking machines into Germany, with a combined share of 94% of total imports in 2013. However, the fastest growing suppliers from 2007 to 2013 were China (+60.9% per year) and Turkey (+43.7% per year). The Netherlands significantly strengthened its position in the German import structure, from 48% in 2007 to 53% in 2013.
In 2013, Belarus (24.3%), Russia (17.0%), Canada (12.5%), the Netherlands (7.5%) and the USA (7.4%) were the leading destinations of German exports, together making up 68.7% of total exports in value terms. While the share of Belarus increased, the share of Russia illustrated negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
Do you want to know more about the Germany`s milking machine market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- milking machine market share
- milking machine prices
- milking machine industry
- milking machine sales
- milking machine market forecast
- milking machine price forecast
- key milking machine producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the milking machine market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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