
MENA - Poultry-Keeping Machinery - Market Analysis, Forecast, Size, Trends and Insights
MENA: Poultry-Keeping Machinery Market 2023
Poultry-Keeping Machinery Market Size in MENA
The MENA's poultry-keeping machinery market expanded markedly to $X in 2022, increasing by 8.8% against the previous year. The total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +65.7% against 2015 indices. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the near future.
Poultry-Keeping Machinery Production in MENA
In value terms, poultry-keeping machinery production totaled $X in 2022 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.3% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 56% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.
Poultry-Keeping Machinery Exports
Exports in MENA
After two years of growth, overseas shipments of poultry-keeping machinery decreased by -42.1% to X units in 2022. In general, exports, however, continue to indicate a measured increase. The most prominent rate of growth was recorded in 2015 with an increase of 66% against the previous year. The volume of export peaked at X units in 2021, and then contracted significantly in the following year.
In value terms, poultry-keeping machinery exports fell remarkably to $X in 2022. Total exports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of 66% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then declined significantly in the following year.
Exports by Country
Turkey prevails in exports structure, reaching X units, which was approx. 90% of total exports in 2022. It was distantly followed by Israel (X units), constituting a 5.7% share of total exports. The United Arab Emirates (X units) took a minor share of total exports.
From 2012 to 2022, average annual rates of growth with regard to poultry-keeping machinery exports from Turkey stood at +4.7%. At the same time, the United Arab Emirates (+9.9%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in MENA, with a CAGR of +9.9% from 2012-2022. By contrast, Israel (-8.7%) illustrated a downward trend over the same period. While the share of Turkey (+18 p.p.) and the United Arab Emirates (+1.7 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Israel (-12.1 p.p.) displayed negative dynamics.
In value terms, Turkey ($X) remains the largest poultry-keeping machinery supplier in MENA, comprising 84% of total exports. The second position in the ranking was taken by Israel ($X), with a 9.9% share of total exports.
From 2012 to 2022, the average annual growth rate of value in Turkey amounted to +3.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (-7.9% per year) and the United Arab Emirates (+6.2% per year).
Export Prices by Country
The export price in MENA stood at $X per unit in 2022, jumping by 26% against the previous year. Overall, the export price, however, recorded a slight decrease. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Israel ($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 (+0.9%), while the other leaders experienced a decline in the export price figures.
Poultry-Keeping Machinery Imports
Imports in MENA
In 2022, after five years of growth, there was significant decline in overseas purchases of poultry-keeping machinery, when their volume decreased by -11.8% to X units. In general, imports, however, saw a strong increase. The pace of growth was the most pronounced in 2019 with an increase of 51% against the previous year. The volume of import peaked at X units in 2021, and then reduced in the following year.
In value terms, poultry-keeping machinery imports dropped to $X in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.6% 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 +74.4% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of 44%. As a result, imports reached the peak of $X, and then contracted in the following year.
Imports by Country
Iraq dominates imports structure, amounting to X units, which was approx. 52% of total imports in 2022. Algeria (X units) took a 7.8% share (based on physical terms) of total imports, which put it in second place, followed by Egypt (6.9%), Tunisia (6.5%) and Israel (4.6%). Turkey (X units), Morocco (X units), Libya (X units), the United Arab Emirates (X units), Oman (X units), Iran (X units) and Jordan (X units) held a minor share of total imports.
Iraq was also the fastest-growing in terms of the poultry-keeping machinery imports, with a CAGR of +31.7% from 2012 to 2022. At the same time, Jordan (+23.8%), Oman (+22.7%), Israel (+21.8%), Egypt (+17.0%), Libya (+13.3%), the United Arab Emirates (+12.1%), Tunisia (+10.1%) and Iran (+4.5%) displayed positive paces of growth. Morocco experienced a relatively flat trend pattern. By contrast, Algeria (-1.5%) and Turkey (-5.6%) illustrated a downward trend over the same period. Iraq (+42 p.p.), Israel (+2.7 p.p.), Egypt (+2.6 p.p.) and Oman (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while Iran, Morocco, Turkey and Algeria saw its share reduced by -2.2%, -7.9%, -16.5% and -19.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Iraq ($X) constitutes the largest market for imported poultry-keeping machinery in MENA, comprising 39% of total imports. The second position in the ranking was taken by Algeria ($X), with a 10% share of total imports. It was followed by Egypt, with a 9.2% share.
From 2012 to 2022, the average annual growth rate of value in Iraq amounted to +29.3%. The remaining importing countries recorded the following average annual rates of imports growth: Algeria (+1.8% per year) and Egypt (+16.4% per year).
Import Prices by Country
The import price in MENA stood at $X per unit in 2022, rising by 3.2% against the previous year. In general, the import price, however, continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2016 an increase of 12%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per unit), while Iran ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (+3.3%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the poultry-keeping machinery market in MENA. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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