EU: Feedstuff Preparing Machinery Market 2024

Feedstuff Preparing Machinery Market Size in the EU

In 2022, the EU feedstuff preparing machinery market was finally on the rise to reach $X after five years of decline. Overall, consumption, however, showed a deep downturn. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Feedstuff Preparing Machinery Production in the EU

In value terms, feedstuff preparing machinery production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

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Feedstuff Preparing Machinery Exports

Exports in the EU

In 2022, feedstuff preparing machinery exports in the European Union dropped slightly to X units, therefore, remained relatively stable against the year before. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, feedstuff preparing machinery exports reduced slightly to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then shrank in the following year.

Exports by Country

The biggest shipments were from the Netherlands (X units), Germany (X units) and Italy (X units), together recording X% of total export. It was distantly followed by France (X units), Ireland (X units), Poland (X units) and Spain (X units), together achieving a X% share of total exports. The following exporters - Slovakia (X units) and Denmark (X units) - each amounted to a X% share of total exports.

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

In value terms, the Netherlands ($X), Germany ($X) and Italy ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. France, Spain, Ireland, Denmark, Poland and Slovakia lagged somewhat behind, together comprising a further X%.

Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of 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 the European Union stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while Ireland ($X per unit) was amongst the lowest.

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

Feedstuff Preparing Machinery Imports

Imports in the EU

In 2022, imports of machinery for preparing animal feedstuffs in the European Union reduced slightly to X units, with a decrease of X% compared with the year before. Total imports indicated temperate growth from 2012 to 2022: its volume 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, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021, and then reduced modestly in the following year.

In value terms, feedstuff preparing machinery imports reduced to $X in 2022. Total imports indicated a noticeable increase 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, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, the Netherlands (X units), distantly followed by France (X units), Germany (X units), Poland (X units) and Portugal (X units) represented the largest importers of machinery for preparing animal feedstuffs, together committing X% of total imports. Belgium (X units), Spain (X units), Austria (X units), Romania (X units), the Czech Republic (X units), Denmark (X units), Italy (X units) and Sweden (X units) followed a long way behind the leaders.

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

In value terms, the largest feedstuff preparing machinery importing markets in the European Union were the Netherlands ($X), France ($X) and Germany ($X), together accounting for X% of total imports.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, remaining stable against the previous year. Over the period under review, the import price showed a mild setback. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per unit), while Portugal ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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