Eastern Europe: Dairy Machinery Market 2024

Dairy Machinery Market Size in Eastern Europe

In 2022, the East European dairy machinery market decreased by -3.2% to $X, falling for the second consecutive year after five years of growth. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Dairy Machinery Production in Eastern Europe

In value terms, dairy machinery production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 30% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Dairy Machinery Exports

Exports in Eastern Europe

In 2022, approx. X units of dairy machinery were exported in Eastern Europe; picking up by 7.1% compared with 2021. Total exports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -7.1% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 64%. Over the period under review, the exports reached the maximum at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, dairy machinery exports declined to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 98%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X units) and Poland (X units) prevails in exports structure, together constituting 73% of total exports. It was distantly followed by Slovakia (X units) and Bulgaria (X units), together comprising a 16% share of total exports. Lithuania (X units), the Czech Republic (X units) and Hungary (X units) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +19.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest dairy machinery supplier in Eastern Europe, comprising 59% of total exports. The second position in the ranking was taken by Russia ($X), with a 9.1% share of total exports. It was followed by Slovakia, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Poland stood at +1.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+0.2% per year) and Slovakia (+9.0% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, reducing by -15.9% against the previous year. In general, the export price recorded a perceptible contraction. The pace of growth was the most pronounced in 2017 when the export price increased by 21%. Over the period under review, the export prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while Russia ($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 Czech Republic (+3.9%), while the other leaders experienced more modest paces of growth.

Dairy Machinery Imports

Imports in Eastern Europe

In 2022, approx. X units of dairy machinery were imported in Eastern Europe; increasing by 25% on the year before. In general, imports, however, showed a slight shrinkage. The pace of growth was the most pronounced in 2017 when imports increased by 28%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, dairy machinery imports fell modestly to $X in 2022. Overall, imports, however, continue to indicate a slight slump. The growth pace was the most rapid in 2017 when imports increased by 33% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Russia represented the key importing country with an import of about X units, which resulted at 71% of total imports. It was distantly followed by Belarus (X units), making up an 11% share of total imports. Slovakia (X units), Romania (X units), Lithuania (X units), Poland (X units) and the Czech Republic (X units) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to dairy machinery imports into Russia stood at +8.6%. At the same time, Slovakia (+10.4%) and Poland (+3.0%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +10.4% from 2012-2022. By contrast, the Czech Republic (-1.3%), Belarus (-9.1%), Romania (-10.0%) and Lithuania (-12.2%) illustrated a downward trend over the same period. Russia (+43 p.p.) and Slovakia (+2.4 p.p.) significantly strengthened its position in terms of the total imports, while Romania, Lithuania and Belarus saw its share reduced by -4.5%, -6.6% and -14.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported dairy machinery in Eastern Europe, comprising 65% of total imports. The second position in the ranking was taken by Belarus ($X), with a 16% share of total imports. It was followed by Poland, with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at +7.5%. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (-8.7% per year) and Poland (+6.2% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, dropping by -21.1% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the import price increased by 9.8% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2021, and then fell remarkably in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+6.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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