EU: Market for Straw Or Fodder Balers, Including Pickup Balers 2024

Market Size for Straw Or Fodder Balers, Including Pickup Balers in the EU

The EU straw for fodder balers market totaled $X in 2021, growing by 2.4% against the previous year. The market value increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Production of Straw Or Fodder Balers, Including Pickup Balers in the EU

In value terms, straw for fodder balers production rose modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 23% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports in the EU

In 2021, shipments abroad of straw or fodder balers, including pickup balers increased by 11% to X units, rising for the sixth consecutive year after two years of decline. The total export volume increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when exports increased by 15% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, straw for fodder balers exports soared to $X in 2021. The total export value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by 20%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

In 2021, Germany (X units), France (X units), Poland (X units), Belgium (X units), Ireland (X units), Hungary (X units) and Italy (X units) was the main exporter of straw or fodder balers, including pickup balers in the European Union, achieving 88% of total export. It was distantly followed by the Netherlands (X units), generating a 5% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +7.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest straw for fodder balers supplying countries in the European Union were Germany ($X), France ($X) and Belgium ($X), with a combined 56% share of total exports. Ireland, the Netherlands, Hungary, Italy and Poland lagged somewhat behind, together accounting for a further 37%.

Hungary, with a CAGR of +8.0%, 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

In 2021, the export price in the European Union amounted to $X per unit, increasing by 5.8% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 6.9% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+2.7%), while the other leaders experienced more modest paces of growth.

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports in the EU

In 2021, the amount of straw or fodder balers, including pickup balers imported in the European Union expanded markedly to X units, growing by 8.1% on the previous year's figure. Total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -0.5% against 2019 indices. The pace of growth appeared the most rapid in 2019 when imports increased by 30%. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, straw for fodder balers imports expanded significantly to $X in 2021. The total import value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of 31%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

In 2021, Belgium (X units), distantly followed by France (X units), Germany (X units), Poland (X units) and Italy (X units) were the key importers of straw or fodder balers, including pickup balers, together creating 68% of total imports. Austria (X units), Spain (X units), Ireland (X units), the Czech Republic (X units), Denmark (X units), Lithuania (X units), Hungary (X units) and Sweden (X units) took a little share of total imports.

Belgium was also the fastest-growing in terms of the straw or fodder balers, including pickup balers imports, with a CAGR of +22.0% from 2012 to 2021. At the same time, Italy (+9.1%), Sweden (+6.9%), the Czech Republic (+3.5%), Hungary (+3.3%), Poland (+1.9%), Germany (+1.5%) and Lithuania (+1.4%) displayed positive paces of growth. Spain experienced a relatively flat trend pattern. By contrast, France (-1.2%), Austria (-1.3%), Denmark (-1.4%) and Ireland (-8.9%) illustrated a downward trend over the same period. While the share of Belgium (+21 p.p.) and Italy (+2.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Poland (-1.5 p.p.), Austria (-1.9 p.p.), Germany (-2 p.p.), France (-6.3 p.p.) and Ireland (-7.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest straw for fodder balers importing markets in the European Union were France ($X), Germany ($X) and Poland ($X), with a combined 43% share of total imports. Italy, Belgium, Austria, Spain, the Czech Republic, Denmark, Sweden, Hungary, Lithuania and Ireland lagged somewhat behind, together accounting for a further 44%.

Among the main importing countries, Italy, with a CAGR of +8.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per unit, surging by 5.1% against the previous year. Overall, the import price, however, showed a noticeable curtailment. The pace of growth was the most pronounced in 2020 when the import price increased by 12% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 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 Sweden ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :