EU: Market for Preparations Used In Animal Feeding 2024

Market Size for Preparations Used In Animal Feeding in the EU

The EU preparations for animal feeding market soared to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Preparations Used In Animal Feeding in the EU

In value terms, preparations for animal feeding production surged to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Preparations Used In Animal Feeding

Exports in the EU

For the ninth year in a row, the European Union recorded growth in shipments abroad of preparations used in animal feeding, which increased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, preparations for animal feeding exports reached $X in 2022. Total exports indicated a remarkable 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, the Netherlands (X tons) and Germany (X tons) were the key exporters of preparations used in animal feeding in the European Union, together creating X% of total exports. Belgium (X tons) held the next position in the ranking, followed by France (X tons), Poland (X tons), Hungary (X tons) and Spain (X tons). All these countries together took approx. X% share of total exports. Italy (X tons), Austria (X tons), the Czech Republic (X tons), Ireland (X tons), Denmark (X tons) and Lithuania (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and France ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Belgium, Poland, Italy, Spain, Hungary, the Czech Republic, Austria, Denmark, Ireland and Lithuania lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 ton 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 most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

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

Imports of Preparations Used In Animal Feeding

Imports in the EU

In 2022, approx. X tons of preparations used in animal feeding were imported in the European Union; surging by X% compared with 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, preparations for animal feeding imports expanded remarkably to $X in 2022. Total imports indicated a prominent expansion 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 2015 indices. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Belgium (X tons), Germany (X tons) and the Netherlands (X tons) represented roughly X% of total imports in 2022. France (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Poland (X%), Ireland (X%) and Italy (X%). The following importers - Spain (X tons), Romania (X tons), Portugal (X tons), Hungary (X tons), the Czech Republic (X tons) and Austria (X tons) - together made up X% of total imports.

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

In value terms, the largest preparations for animal feeding importing markets in the European Union were Germany ($X), Belgium ($X) and the Netherlands ($X), with a combined X% share of total imports. France, Poland, Italy, Spain, Austria, the Czech Republic, Ireland, Romania, Hungary and Portugal lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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 ton, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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 Italy ($X per ton), while Ireland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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