Belgium: Poultry-Keeping Machinery Market 2024

Poultry-Keeping Machinery Market Size in Belgium

In 2022, the Belgian poultry-keeping machinery market increased by 6.6% to $X, rising for the second consecutive year after four years of decline. Overall, consumption, however, saw a pronounced contraction. Poultry-keeping machinery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Poultry-Keeping Machinery Production in Belgium

In value terms, poultry-keeping machinery production dropped to $X in 2022 estimated in export price. Over the period under review, production showed a noticeable contraction. The pace of growth was the most pronounced in 2016 when the production volume increased by 31% against the previous year. Poultry-keeping machinery production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Poultry-Keeping Machinery Exports

Exports from Belgium

In 2022, poultry-keeping machinery exports from Belgium declined notably to X units, with a decrease of -24.7% compared with 2021. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 31% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, poultry-keeping machinery exports dropped to $X in 2022. Overall, exports recorded a noticeable decline. The pace of growth appeared the most rapid in 2021 with an increase of 42%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Iraq (X units), Egypt (X units) and India (X units) were the main destinations of poultry-keeping machinery exports from Belgium, with a combined 46% share of total exports. Malaysia, Russia, Argentina, Jordan, Romania, Lithuania, Brazil, the Philippines, Taiwan (Chinese) and Australia lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +110.8%), while the other leaders experienced more modest paces of growth.

In value terms, Iraq ($X) remains the key foreign market for poultry-keeping machinery exports from Belgium, comprising 28% of total exports. The second position in the ranking was taken by Egypt ($X), with an 8% share of total exports. It was followed by India, with a 5.7% share.

From 2012 to 2022, the average annual growth rate of value to Iraq stood at +56.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+9.5% per year) and India (+62.3% per year).

Export Prices by Country

The average poultry-keeping machinery export price stood at $X per unit in 2022, with an increase of 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2020 an increase of 17%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the average price for exports to India ($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 Taiwan (Chinese) (+27.4%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry-Keeping Machinery Imports

Imports into Belgium

In 2022, supplies from abroad of poultry-keeping machinery decreased by -4.6% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports recorded a pronounced curtailment. The pace of growth was the most pronounced in 2017 when imports increased by 111% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, poultry-keeping machinery imports reduced markedly to $X in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2017 with an increase of 111% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of poultry-keeping machinery to Belgium, with a 69% share of total imports. Moreover, poultry-keeping machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), ninefold. The Netherlands (X units) ranked third in terms of total imports with a 7.8% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at -3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-15.2% per year) and the Netherlands (-7.5% per year).

In value terms, Germany ($X) constituted the largest supplier of poultry-keeping machinery to Belgium, comprising 50% of total imports. The second position in the ranking was taken by Denmark ($X), with a 21% share of total imports. It was followed by the Netherlands, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled -9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+82.8% per year) and the Netherlands (-11.8% per year).

Import Prices by Country

In 2022, the average poultry-keeping machinery import price amounted to $X per unit, reducing by -16.5% against the previous year. In general, the import price recorded a abrupt setback. The pace of growth was the most pronounced in 2016 an increase of 37%. The import price peaked at $X per unit in 2013; however, from 2014 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 Denmark ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+9.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :