Eastern Europe: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in Eastern Europe

In 2022, after seven years of growth, there was significant decline in the East European meat-preparation industrial machinery market, when its value decreased by X% to $X. Over the period under review, consumption, however, enjoyed a remarkable increase. As a result, consumption attained the peak level of $X, and then plummeted in the following year.

Meat-Preparation Industrial Machinery Production in Eastern Europe

In value terms, meat-preparation industrial machinery production stood at $X in 2022 estimated in export price. The total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2012 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of production peaked in 2022 and is likely to see steady growth in the near future.

Meat-Preparation Industrial Machinery Exports

Exports in Eastern Europe

In 2022, shipments abroad of industrial machinery for the preparation of meat or poultry increased by X% to X units, rising for the fifth year in a row after three years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, meat-preparation industrial machinery exports soared to $X in 2022. Total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2017 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Poland (X units) was the major exporter of industrial machinery for the preparation of meat or poultry, creating X% of total exports. Slovakia (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (X%), Belarus (X%) and Lithuania (X%). Russia (X units) and Bulgaria (X units) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest meat-preparation industrial machinery supplying countries in Eastern Europe were Poland ($X), Slovakia ($X) and the Czech Republic ($X), together accounting for X% of total exports.

Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lithuania ($X per unit), while Russia ($X per unit) was amongst the lowest.

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

Meat-Preparation Industrial Machinery Imports

Imports in Eastern Europe

In 2022, approx. X units of industrial machinery for the preparation of meat or poultry were imported in Eastern Europe; rising by X% compared with 2021 figures. In general, imports, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, meat-preparation industrial machinery imports declined to $X in 2022. Overall, imports, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia represented the key importing country with an import of around X units, which finished at X% of total imports. Poland (X units) ranks second in terms of the total imports with a X% share, followed by Romania (X%), the Czech Republic (X%), Hungary (X%), Bulgaria (X%) and Ukraine (X%).

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Bulgaria (X%), Hungary (X%), Romania (X%), the Czech Republic (X%) and Poland (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Ukraine (X%) illustrated a downward trend over the same period. Romania (X p.p.), Poland (X p.p.), Hungary (X p.p.), Bulgaria (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total imports, while Ukraine and Russia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Russia ($X) constitutes the largest market for imported industrial machinery for the preparation of meat or poultry in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with an X% share of total imports. It was followed by Romania, with a X% share.

In Russia, meat-preparation industrial machinery imports declined by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Poland (X% per year) and Romania (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :