EU: Poultry Incubator Market 2024

Poultry Incubator Market Size in the EU

The EU poultry incubator market declined significantly to $X in 2022, falling by -16.1% against the previous year. Overall, consumption recorded a deep slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Poultry Incubator Production in the EU

In value terms, poultry incubator production reduced to $X in 2022 estimated in export price. In general, production saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 when the production volume increased by 24%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Poultry Incubator Exports

Exports in the EU

Poultry incubator exports reduced to X units in 2022, waning by -5.3% compared with the previous year. Over the period under review, exports saw a mild shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by 123%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, poultry incubator exports dropped to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 135%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Belgium (X units), the Netherlands (X units) and Spain (X units) was the main exporter of poultry incubators and brooders in the European Union, constituting 87% of total export. Portugal (X units), Italy (X units), France (X units) and Sweden (X units) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +29.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest poultry incubator supplying countries in the European Union were Belgium ($X), the Netherlands ($X) and Spain ($X), with a combined 89% share of total exports.

Spain, with a CAGR of +9.9%, recorded the highest rates of growth with regard to 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 2022, which is down by -2% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 22%. Over the period under review, the export prices attained the peak figure 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 Netherlands ($X per unit), while Sweden ($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 Netherlands (+1.9%), while the other leaders experienced more modest paces of growth.

Poultry Incubator Imports

Imports in the EU

In 2022, purchases abroad of poultry incubators and brooders decreased by -42.2% to X units, falling for the second consecutive year after three years of growth. In general, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2019 when imports increased by 63%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, poultry incubator imports contracted sharply to $X in 2022. Overall, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when imports increased by 71% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, France (X units), distantly followed by Finland (X units), Portugal (X units), Germany (X units), Italy (X units) and Poland (X units) were the major importers of poultry incubators and brooders, together creating 77% of total imports. The following importers - Romania (X units), the Netherlands (X units), Belgium (X units), Slovenia (X units), Greece (X units), the Czech Republic (X units) and Spain (X units) - together made up 19% of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +46.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constitutes the largest market for imported poultry incubators and brooders in the European Union, comprising 24% of total imports. The second position in the ranking was held by Portugal ($X), with an 11% share of total imports. It was followed by Finland, with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in France was relatively modest. In the other countries, the average annual rates were as follows: Portugal (+8.1% per year) and Finland (+47.1% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, dropping by -1.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2013 when the import price increased by 41% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 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 Spain ($X per unit), while Finland ($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 Netherlands (+16.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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