Meat-Preparation Industrial Machinery Market

The article discusses the upward trend in the global market for industrial machinery used in the preparation of meat and poultry. The market is forecasted to grow at a CAGR of +4.6% in volume and +4.8% in value from 2022 to 2030, reaching 2.2M units and $30.9B by 2030. France leads in consumption and production, while the United States, China, and the Netherlands are key players in imports and exports. China is the top exporter, with Slovakia and the United States showing significant growth in export value. The average global export price is $23,154 per unit, with notable fluctuations in prices over the years.

Market Forecast

Driven by increasing demand for industrial machinery for the preparation of meat or poultry worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +4.6% for the period from 2022 to 2030, which is projected to bring the market volume to 2.2M units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.8% for the period from 2022 to 2030, which is projected to bring the market value to $30.9B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Industrial Machinery For The Preparation Of Meat Or Poultry

After seven years of growth, consumption of industrial machinery for the preparation of meat or poultry decreased by -3.2% to 1.6M units in 2022. Over the period under review, consumption, however, posted buoyant growth. Over the period under review, global consumption attained the maximum volume at 1.6M units in 2021, and then contracted modestly in the following year.

The global meat-preparation industrial machinery market size amounted to $21.3B in 2022, almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, posted a resilient expansion. Over the period under review, the global market hit record highs at $21.9B in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Consumption By Country

France (547K units) remains the largest meat-preparation industrial machinery consuming country worldwide, comprising approx. 35% of total volume. Moreover, meat-preparation industrial machinery consumption in France exceeded the figures recorded by the second-largest consumer, Italy (216K units), threefold. The third position in this ranking was taken by China (160K units), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume in France stood at +38.1%. The remaining consuming countries recorded the following average annual rates of consumption growth: Italy (+11.0% per year) and China (+3.0% per year).

In value terms, Japan ($4.6B), the United States ($4.4B) and China ($2.2B) were the countries with the highest levels of market value in 2022, with a combined 53% share of the global market. France, Germany, Brazil, Russia, Italy, Turkey and Poland lagged somewhat behind, together comprising a further 23%.

France, with a CAGR of +31.6%, saw the highest rates of growth with regard to market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of meat-preparation industrial machinery per capita consumption was registered in France (8.1 units per 1000 persons), followed by Italy (3.6 units per 1000 persons), Turkey (0.8 units per 1000 persons) and Poland (0.7 units per 1000 persons), while the world average per capita consumption of meat-preparation industrial machinery was estimated at less than 0.1 units per 1000 persons.

From 2012 to 2022, the average annual rate of growth in terms of the meat-preparation industrial machinery per capita consumption in France totaled +37.6%. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Italy (+11.1% per year) and Turkey (+25.1% per year).

Production

World Production of Industrial Machinery For The Preparation Of Meat Or Poultry

In 2022, after seven years of growth, there was decline in production of industrial machinery for the preparation of meat or poultry, when its volume decreased by -2.5% to 1.6M units. In general, production, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 57%. Global production peaked at 1.6M units in 2021, and then dropped in the following year.

In value terms, meat-preparation industrial machinery production stood at $20.4B in 2022 estimated in export price. Over the period under review, the total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +88.6% against 2013 indices. The pace of growth appeared the most rapid in 2016 with an increase of 30%. Over the period under review, global production attained the peak level in 2022 and is expected to retain growth in the immediate term.

Production By Country

France (547K units) constituted the country with the largest volume of meat-preparation industrial machinery production, comprising approx. 34% of total volume. Moreover, meat-preparation industrial machinery production in France exceeded the figures recorded by the second-largest producer, Italy (220K units), twofold. China (198K units) ranked third in terms of total production with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in France stood at +38.4%. In the other countries, the average annual rates were as follows: Italy (+10.5% per year) and China (+4.6% per year).

Imports

World Imports of Industrial Machinery For The Preparation Of Meat Or Poultry

In 2022, the amount of industrial machinery for the preparation of meat or poultry imported worldwide totaled 80K units, remaining relatively unchanged against the previous year's figure. The total import volume increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 6.3%. Over the period under review, global imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, meat-preparation industrial machinery imports stood at $2.5B in 2022. The total import value increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 7%. Over the period under review, global imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports By Country

The United States (6K units), the Netherlands (5.6K units), Russia (5.3K units), China (3.7K units), Qatar (3.5K units), Thailand (2.9K units), Germany (2.8K units), France (2.4K units), Spain (2.1K units), the UK (2.1K units), Belgium (2K units) and Canada (1.8K units) represented roughly 51% of total imports in 2022. Australia (1.7K units) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Qatar (with a CAGR of +21.7%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($317M), Russia ($162M) and the Netherlands ($127M) appeared to be the countries with the highest levels of imports in 2022, with a combined 25% share of global imports. The UK, France, China, Spain, Canada, Belgium, Australia, Germany, Thailand and Qatar lagged somewhat behind, together comprising a further 28%.

Qatar, with a CAGR of +18.0%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

The average meat-preparation industrial machinery import price stood at $30,925 per unit in 2022, leveling off at the previous year. In general, the import price, however, recorded a slight setback. The most prominent rate of growth was recorded in 2018 an increase of 1.8%. Global import price peaked at $34,284 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($52,814 per unit), while Qatar ($1,025 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.2%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Industrial Machinery For The Preparation Of Meat Or Poultry

For the sixth year in a row, the global market recorded growth in overseas shipments of industrial machinery for the preparation of meat or poultry, which increased by 9.3% to 120K units in 2022. Overall, total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.5% against 2016 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, meat-preparation industrial machinery exports reached $2.8B in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 9.5%. Over the period under review, the global exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Exports By Country

In 2022, China (41K units) was the key exporter of industrial machinery for the preparation of meat or poultry, generating 34% of total exports. The Netherlands (14K units) took the second position in the ranking, followed by the United States (14K units), Germany (14K units) and Italy (5.9K units). All these countries together held approx. 40% share of total exports. Poland (3.8K units), Spain (3.7K units), Turkey (2.3K units), Austria (2.2K units), Denmark (2.2K units), Slovakia (2.1K units) and France (1.9K units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to meat-preparation industrial machinery exports from China stood at +15.9%. At the same time, Slovakia (+17.6%), the United States (+9.7%), Spain (+7.5%), Turkey (+5.7%), Poland (+4.8%) and France (+2.1%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in the world, with a CAGR of +17.6% from 2012-2022. Denmark, Austria, Germany, the Netherlands and Italy experienced a relatively flat trend pattern. While the share of China (+21 p.p.) and the United States (+3.8 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Italy (-3.3 p.p.), Germany (-6.2 p.p.) and the Netherlands (-7.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest meat-preparation industrial machinery supplying countries worldwide were Germany ($712M), the Netherlands ($627M) and China ($236M), together accounting for 57% of global exports. Italy, the United States, Denmark, Poland, Spain, Austria, Slovakia, France and Turkey lagged somewhat behind, together accounting for a further 31%.

In terms of the main exporting countries, Slovakia, with a CAGR of +17.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

The average meat-preparation industrial machinery export price stood at $23,154 per unit in 2022, with a decrease of -6.8% against the previous year. In general, the export price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 5.7% against the previous year. The global export price peaked at $33,860 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($52,369 per unit), while China ($5,753 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform