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

Market Size for Straw Or Fodder Balers, Including Pickup Balers in Europe

The Europe straw for fodder balers market stood at $X in 2021, with an increase of 5.7% against the previous year. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Production of Straw Or Fodder Balers, Including Pickup Balers in Europe

In value terms, straw for fodder balers production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by 23% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports in Europe

In 2021, shipments abroad of straw or fodder balers, including pickup balers increased by 11% to X units, rising for the sixth year in a row after two years of decline. The total export volume increased at an average annual rate of +3.7% 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 with an increase of 15%. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, straw for fodder balers exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded 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 immediate term.

Exports by Country

The biggest shipments were from Germany (X units), France (X units), Poland (X units), Belgium (X units), Belarus (X units), Ireland (X units), Hungary (X units) and Italy (X units), together reaching 83% of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of +7.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Belgium ($X) were the countries with the highest levels of exports in 2021, with a combined 52% share of total exports. These countries were followed by Ireland, Hungary, Italy, Poland and Belarus, which together accounted for a further 29%.

Hungary, with a CAGR of +8.0%, saw the highest rates of growth with regard to the value of exports, among 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 Europe amounted to $X per unit, growing by 5.6% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by 8.1%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

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 Ireland ($X per unit), while Belarus ($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 Europe

Straw for fodder balers imports rose notably to X units in 2021, increasing by 8.2% on the year before. Total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +68.5% against 2015 indices. The pace of growth was the most pronounced in 2019 when imports increased by 24% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, straw for fodder balers imports stood at $X in 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 16%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

In 2021, Belgium (X units) and Russia (X units) were the main importers of straw or fodder balers, including pickup balers in Europe, together committing 33% of total imports. France (X units) took the next position in the ranking, followed by Germany (X units), the UK (X units), Poland (X units), Belarus (X units) and Italy (X units). All these countries together held near 39% share of total imports. The following importers - Austria (X units), Spain (X units), Ireland (X units), the Czech Republic (X units) and Norway (X units) - each reached a 10% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Belgium (with a CAGR of +22.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 34% share of total imports. These countries were followed by Poland, Italy, Russia, Belgium, Austria, Spain, the Czech Republic, Norway, Belarus and Ireland, which together accounted for a further 43%.

Among the main importing countries, Italy, with a CAGR of +8.4%, recorded the highest rates of growth with regard to 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

The import price in Europe stood at $X per unit in 2021, increasing by 6.1% against the previous year. Overall, the import price, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2018 when the import price increased by 16%. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Norway ($X per unit), while Belgium ($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