EU: Feedstuff Preparing Machinery Market 2024

Feedstuff Preparing Machinery Market Size in the EU

The EU feedstuff preparing machinery market declined to $X in 2021, reducing by -12.5% against the previous year. In general, consumption showed a noticeable decrease. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Feedstuff Preparing Machinery Production in the EU

In value terms, feedstuff preparing machinery production expanded markedly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 22% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Feedstuff Preparing Machinery Exports

Exports in the EU

In 2021, overseas shipments of machinery for preparing animal feedstuffs decreased by -4.4% to X units, falling for the second consecutive year after three years of growth. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 10% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, feedstuff preparing machinery exports reached $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 24% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, the Netherlands (X units), Germany (X units) and Italy (X units) was the main exporter of machinery for preparing animal feedstuffs in the European Union, achieving 65% of total export. France (X units) held the next position in the ranking, followed by Poland (X units) and Spain (X units). All these countries together took approx. 22% share of total exports. Denmark (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +8.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest feedstuff preparing machinery supplying countries in the European Union were the Netherlands ($X), Germany ($X) and Italy ($X), together comprising 67% of total exports. France, Spain, Poland and Denmark lagged somewhat behind, together comprising a further 22%.

Poland, with a CAGR of +9.3%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2021, with an increase of 6% against the previous year. In general, the export price continues to indicate a mild expansion. The growth pace was the most rapid in 2018 an increase of 14% against the previous year. The level of export peaked at $X per unit in 2013; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+0.8%), while the other leaders experienced more modest paces of growth.

Feedstuff Preparing Machinery Imports

Imports in the EU

Feedstuff preparing machinery imports totaled X units in 2021, surging by 9.1% compared with 2020. Total imports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +92.5% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of 28% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, feedstuff preparing machinery imports reached $X in 2021. Total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +84.7% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of 26%. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, the Netherlands (X units), distantly followed by France (X units), Germany (X units), Portugal (X units) and Poland (X units) were the major importers of machinery for preparing animal feedstuffs, together creating 65% of total imports. The following importers - Belgium (X units), Austria (X units), Italy (X units), Romania (X units), Denmark (X units), Sweden (X units), the Czech Republic (X units) and Spain (X units) - together made up 24% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands (with a CAGR of +27.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest feedstuff preparing machinery importing markets in the European Union were the Netherlands ($X), France ($X) and Germany ($X), with a combined 45% share of total imports.

The Netherlands, with a CAGR of +17.4%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2021, surging by 1.9% against the previous year. Over the period under review, the import price, however, recorded a mild setback. The pace of growth appeared the most rapid in 2018 an increase of 7.1% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, 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 Italy ($X per unit), while Portugal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+3.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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