Denmark: Poultry-Keeping Machinery Market 2024

Poultry-Keeping Machinery Market Size in Denmark

The Danish poultry-keeping machinery market declined notably to $X in 2022, which is down by -99.2% against the previous year. Overall, consumption continues to indicate a dramatic contraction. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Poultry-Keeping Machinery Production in Denmark

In value terms, poultry-keeping machinery production totaled $X in 2022 estimated in export price. In general, production, however, saw a perceptible curtailment. The growth pace was the most rapid in 2016 with an increase of 223%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Poultry-Keeping Machinery Exports

Exports from Denmark

Poultry-keeping machinery exports from Denmark reached X units in 2022, increasing by 2.5% against the previous year. Overall, exports saw a prominent increase. The growth pace was the most rapid in 2020 when exports increased by 167%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, poultry-keeping machinery exports reduced modestly to $X in 2022. In general, exports saw a resilient expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 216% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Israel (X units) was the main destination for poultry-keeping machinery exports from Denmark, with a 47% share of total exports. Moreover, poultry-keeping machinery exports to Israel exceeded the volume sent to the second major destination, the Philippines (X units), fivefold. Norway (X units) ranked third in terms of total exports with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume to Israel stood at +21.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+68.6% per year) and Norway (-2.5% per year).

In value terms, Israel ($X), the Philippines ($X) and South Africa ($X) were the largest markets for poultry-keeping machinery exported from Denmark worldwide, together comprising 51% of total exports.

South Africa, with a CAGR of +350.9%, recorded the highest growth rate of the value of exports, among the main countries of destination 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 poultry-keeping machinery export price amounted to $X per unit, waning by -6.2% against the previous year. In general, the export price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2019 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 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 the Philippines ($X per unit), while the average price for exports to Israel ($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 Israel (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry-Keeping Machinery Imports

Imports into Denmark

Poultry-keeping machinery imports into Denmark dropped remarkably to X units in 2022, waning by -35.5% on 2021 figures. In general, imports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 356%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, poultry-keeping machinery imports fell rapidly to $X in 2022. Overall, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 with an increase of 379%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest supplier of poultry-keeping machinery to Denmark, with a 70% share of total imports. Moreover, poultry-keeping machinery imports from the Netherlands exceeded the figures recorded by the second-largest supplier, South Africa (X units), fivefold. The third position in this ranking was held by Germany (X units), with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands stood at -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+0.6% per year) and Germany (-2.4% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of poultry-keeping machinery to Denmark, comprising 68% of total imports. The second position in the ranking was held by Germany ($X), with an 8.4% share of total imports. It was followed by South Africa, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to -6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.6% per year) and South Africa (-2.0% per year).

Import Prices by Country

In 2022, the average poultry-keeping machinery import price amounted to $X per unit, dropping by -15.9% against the previous year. Over the period under review, the import price showed a mild downturn. The pace of growth appeared the most rapid in 2020 an increase of 56% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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