Benelux: Feedstuff Preparing Machinery Market 2024

Feedstuff Preparing Machinery Market Size in Benelux

After two years of decline, the Benelux feedstuff preparing machinery market increased by 1.6% to $X in 2021. The market value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Feedstuff Preparing Machinery Production in Benelux

In value terms, feedstuff preparing machinery production skyrocketed to $X in 2021 estimated in export price. The total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +27.2% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of 39%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Feedstuff Preparing Machinery Exports

Exports in Benelux

In 2021, after four years of growth, there was significant decline in overseas shipments of machinery for preparing animal feedstuffs, when their volume decreased by -6.2% to X units. Total exports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +59.4% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of 26% against the previous year. The volume of export peaked at X units in 2020, and then contracted in the following year.

In value terms, feedstuff preparing machinery exports rose slightly to $X in 2021. Total exports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +82.6% against 2016 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 47% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands dominates exports structure, accounting for X units, which was approx. 93% of total exports in 2021. It was distantly followed by Belgium (X units), creating a 6.7% share of total exports.

The Netherlands was also the fastest-growing in terms of the machinery for preparing animal feedstuffs exports, with a CAGR of +4.0% from 2012 to 2021. At the same time, Belgium (+1.1%) displayed positive paces of growth. While the share of the Netherlands (+2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belgium (-1.7 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest feedstuff preparing machinery supplier in Benelux, comprising 93% of total exports. The second position in the ranking was taken by Belgium ($X), with a 6.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands stood at +4.2%.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per unit, picking up by 9.5% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by 17% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+2.8%).

Feedstuff Preparing Machinery Imports

Imports in Benelux

In 2021, approx. X units of machinery for preparing animal feedstuffs were imported in Benelux; picking up by 16% compared with the year before. In general, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of 247%. The volume of import peaked in 2021 and is likely to continue growth in the near future.

In value terms, feedstuff preparing machinery imports stood at $X in 2021. Overall, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2019 with an increase of 120%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, the Netherlands (X units) represented the main importer of machinery for preparing animal feedstuffs, achieving 86% of total imports. It was distantly followed by Belgium (X units), achieving a 13% share of total imports.

The Netherlands was also the fastest-growing in terms of the machinery for preparing animal feedstuffs imports, with a CAGR of +27.3% from 2012 to 2021. At the same time, Belgium (+1.6%) displayed positive paces of growth. From 2012 to 2021, the share of the Netherlands increased by +41 percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported machinery for preparing animal feedstuffs in Benelux, comprising 77% of total imports. The second position in the ranking was held by Belgium ($X), with a 21% share of total imports.

In the Netherlands, feedstuff preparing machinery imports increased at an average annual rate of +17.4% over the period from 2012-2021.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2021, approximately equating the previous year. Over the period under review, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when the import price increased by 14%. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+0.6%).

Source: IndexBox Platform