Denmark: Feedstuff Preparing Machinery Market 2025

Feedstuff Preparing Machinery Market Size in Denmark

In 2021, the Danish feedstuff preparing machinery market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption posted significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Feedstuff Preparing Machinery Production in Denmark

In value terms, feedstuff preparing machinery production soared to $X in 2021 estimated in export price. In general, the total production indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +72.4% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of 38% against the previous year. Feedstuff preparing machinery production peaked in 2021 and is expected to retain growth in the near future.

Feedstuff Preparing Machinery Exports

Exports from Denmark

After four years of decline, shipments abroad of machinery for preparing animal feedstuffs increased by 7.4% to X units in 2021. Overall, exports, however, recorded a pronounced setback. The growth pace was the most rapid in 2016 with an increase of 23% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, feedstuff preparing machinery exports totaled $X in 2021. Over the period under review, exports, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 59%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units), Thailand (X units) and Sweden (X units) were the main destinations of feedstuff preparing machinery exports from Denmark, with a combined 35% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +67.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for feedstuff preparing machinery exported from Denmark were Spain ($X), Vietnam ($X) and Sweden ($X), with a combined 29% share of total exports.

In terms of the main countries of destination, Vietnam, with a CAGR of +51.5%, saw the highest growth rate of 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

The average feedstuff preparing machinery export price stood at $X per unit in 2021, almost unchanged from the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 29%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Feedstuff Preparing Machinery Imports

Imports into Denmark

In 2021, the amount of machinery for preparing animal feedstuffs imported into Denmark shrank modestly to X units, waning by -4.1% on the previous year. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 78% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, feedstuff preparing machinery imports totaled $X in 2021. In general, total imports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -32.9% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 64% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest supplier of feedstuff preparing machinery to Denmark, with a 48% share of total imports. Moreover, feedstuff preparing machinery imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. France (X units) ranked third in terms of total imports with a 9% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands totaled +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+17.3% per year) and France (-4.4% per year).

In value terms, the Netherlands ($X), Germany ($X) and Belgium ($X) appeared to be the largest feedstuff preparing machinery suppliers to Denmark, together comprising 81% of total imports. France, Poland, Brazil, the UK, China, Ireland, Italy, Slovakia, Israel and Norway lagged somewhat behind, together comprising a further 15%.

Among the main suppliers, Brazil, with a CAGR of +369.4%, 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

The average feedstuff preparing machinery import price stood at $X per unit in 2021, with an increase of 4.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 31% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Norway ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :