Spain: Feedstuff Preparing Machinery Market 2024

Feedstuff Preparing Machinery Market Size in Spain

The Spanish feedstuff preparing machinery market soared to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, showed a precipitous contraction. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Feedstuff Preparing Machinery Production in Spain

In value terms, feedstuff preparing machinery production rose significantly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a perceptible 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, production increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level in 2022 and is likely to see gradual growth in the near future.

Feedstuff Preparing Machinery Exports

Exports from Spain

In 2022, approx. X units of machinery for preparing animal feedstuffs were exported from Spain; falling by X% against the previous year's figure. In general, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, feedstuff preparing machinery exports fell to $X in 2022. Overall, exports recorded a perceptible decrease. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for feedstuff preparing machinery exports from Spain, accounting for a X% share of total exports. Moreover, feedstuff preparing machinery exports to France exceeded the volume sent to the second major destination, Mexico (X units), twofold. Portugal (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Portugal (X% per year).

In value terms, France ($X), Mexico ($X) and Saudi Arabia ($X) appeared to be the largest markets for feedstuff preparing machinery exported from Spain worldwide, with a combined X% share of total exports. Panama, Portugal, Denmark, the United States, Morocco, India, Paraguay, Belgium, Australia and Nepal lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Morocco, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average feedstuff preparing machinery export price amounted to $X per unit, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (X%), while the prices for the other major destinations experienced more modest paces of growth.

Feedstuff Preparing Machinery Imports

Imports into Spain

In 2022, supplies from abroad of machinery for preparing animal feedstuffs was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a measured increase 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. Imports peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, feedstuff preparing machinery imports rose notably to $X in 2022. In general, total imports indicated a measured 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 decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X units), Portugal (X units) and China (X units) were the main suppliers of feedstuff preparing machinery imports to Spain, together comprising X% of total imports.

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

In value terms, Italy ($X) constituted the largest supplier of machinery for preparing animal feedstuffs to Spain, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Israel (X% per year).

Import Prices by Country

In 2022, the average feedstuff preparing machinery import price amounted to $X per unit, reducing by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Portugal ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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