EU: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in the EU

The EU meat-preparation industrial machinery market surged to $X in 2022, jumping by 19% against the previous year. Over the period under review, consumption recorded a resilient increase. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Meat-Preparation Industrial Machinery Production in the EU

In value terms, meat-preparation industrial machinery production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when the production volume increased by 59%. As a result, production reached the peak level of $X, and then shrank in the following year.

Meat-Preparation Industrial Machinery Exports

Exports in the EU

In 2022, overseas shipments of industrial machinery for the preparation of meat or poultry increased by 10% to X units, rising for the sixth consecutive year after three years of decline. In general, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 20% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, meat-preparation industrial machinery exports reached $X in 2022. The total export value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2018 when exports increased by 7% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Spain (X units) represented the major exporter of industrial machinery for the preparation of meat or poultry, mixing up 47% of total exports. Germany (X units) took the second position in the ranking, followed by the Netherlands (X units) and Italy (X units). All these countries together held near 39% share of total exports. Denmark (X units), Austria (X units), Poland (X units) and Slovakia (X units) held a little share of total exports.

Spain was also the fastest-growing in terms of the industrial machinery for the preparation of meat or poultry exports, with a CAGR of +33.5% from 2012 to 2022. At the same time, Slovakia (+15.8%) and Poland (+4.8%) displayed positive paces of growth. Denmark, Germany and Italy experienced a relatively flat trend pattern. By contrast, the Netherlands (-1.0%) and Austria (-2.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Spain increased by +42 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 72% of total exports. Denmark, Poland, Spain, Austria and Slovakia lagged somewhat behind, together accounting for a further 20%.

In terms of the main exporting countries, Slovakia, with a CAGR of +17.6%, recorded 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

In 2022, the export price in the European Union amounted to $X per unit, dropping by -8.9% against the previous year. In general, the export price showed a pronounced reduction. The growth pace was the most rapid in 2014 when the export price increased by 5.2%. Over the period under review, the export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Spain ($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 (+1.6%), while the other leaders experienced more modest paces of growth.

Meat-Preparation Industrial Machinery Imports

Imports in the EU

In 2022, supplies from abroad of industrial machinery for the preparation of meat or poultry increased by 15% to X units, rising for the fourth consecutive year after two years of decline. Total imports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.8% against 2018 indices. The growth pace was the most rapid in 2020 with an increase of 27% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, meat-preparation industrial machinery imports fell to $X in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when imports increased by 16%. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced in the following year.

Imports by Country

Italy was the major importer of industrial machinery for the preparation of meat or poultry in the European Union, with the volume of imports finishing at X units, which was approx. 74% of total imports in 2022. The Netherlands (X units) took the second position in the ranking, distantly followed by Germany (X units). All these countries together held approx. 26% share of total imports.

Italy experienced a relatively flat trend pattern with regard to volume of imports of industrial machinery for the preparation of meat or poultry. At the same time, the Netherlands (+7.4%) and Germany (+4.3%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the European Union, with a CAGR of +7.4% from 2012-2022. While the share of the Netherlands (+7.2 p.p.) and Germany (+2.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Italy (-9.3 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X), Italy ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2022, with a combined 32% share of total imports.

Italy, with a CAGR of +6.2%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, waning by -21.1% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 24% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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