MENA: Feedstuff Preparing Machinery Market 2024

Feedstuff Preparing Machinery Market Size in MENA

The MENA's feedstuff preparing machinery market declined to $X in 2022, reducing by X% against the previous year. In general, consumption, however, saw a notable increase. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Feedstuff Preparing Machinery Production in MENA

In value terms, feedstuff preparing machinery production dropped to $X in 2022 estimated in export price. In general, production, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Feedstuff Preparing Machinery Exports

Exports in MENA

In 2022, exports of machinery for preparing animal feedstuffs in MENA surged to X units, growing by X% on 2021. Overall, exports saw buoyant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, feedstuff preparing machinery exports skyrocketed to $X in 2022. In general, exports saw strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Turkey represented the main exporter of machinery for preparing animal feedstuffs in MENA, with the volume of exports amounting to X units, which was near X% of total exports in 2022. It was distantly followed by Israel (X units), committing a X% share of total exports. Tunisia (X units) held a minor share of total exports.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, Tunisia (X%) and Israel (X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. While the share of Turkey (X p.p.) and Tunisia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Israel (X p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest feedstuff preparing machinery supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Turkey stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (X% per year) and Tunisia (X% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, declining by X% against the previous year. In general, the export price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

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

Feedstuff Preparing Machinery Imports

Imports in MENA

In 2022, overseas purchases of machinery for preparing animal feedstuffs were finally on the rise to reach X units after three years of decline. In general, imports showed a perceptible increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, feedstuff preparing machinery imports rose remarkably to $X in 2022. Total imports indicated a modest 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. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Algeria (X units), distantly followed by Turkey (X units), Iraq (X units), Egypt (X units), Lebanon (X units), Morocco (X units), Iran (X units), Libya (X units), Qatar (X units) and Oman (X units) represented the key importers of machinery for preparing animal feedstuffs, together constituting X% of total imports.

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

In value terms, Algeria ($X), Turkey ($X) and Egypt ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Iraq, Morocco, Iran, Oman, Libya, Lebanon and Qatar lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Oman, with a CAGR of X%, recorded the highest growth rate of 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 MENA amounted to $X per unit, falling by X% against the previous year. In general, the import price recorded a mild downturn. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, 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 Turkey ($X per unit), while Qatar ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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