Finland: Feedstuff Preparing Machinery Market 2025

Feedstuff Preparing Machinery Market Size in Finland

In 2021, the Finnish feedstuff preparing machinery market decreased by -12.8% to $X, falling for the second year in a row after three years of growth. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Feedstuff Preparing Machinery Production in Finland

In value terms, feedstuff preparing machinery production totaled $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of 37%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Feedstuff Preparing Machinery Exports

Exports from Finland

Feedstuff preparing machinery exports from Finland shrank to X units in 2021, falling by -6.5% compared with the previous year. Overall, exports showed a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of 21%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, feedstuff preparing machinery exports dropped to $X in 2021. Over the period under review, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2018 with an increase of 52%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Sweden (X units), Russia (X units) and Chile (X units) were the main destinations of feedstuff preparing machinery exports from Finland, together comprising 41% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +180.0%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Russia ($X) and Denmark ($X) were the largest markets for feedstuff preparing machinery exported from Finland worldwide, together accounting for 39% of total exports. The UK, Chile, Norway, Italy, Poland, Belarus, Bulgaria, Germany, Switzerland and France lagged somewhat behind, together accounting for a further 46%.

Among the main countries of destination, Chile, with a CAGR of +147.5%, 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

The average feedstuff preparing machinery export price stood at $X per unit in 2021, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Bulgaria ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Feedstuff Preparing Machinery Imports

Imports into Finland

After two years of growth, overseas purchases of machinery for preparing animal feedstuffs decreased by -5.6% to X units in 2021. Overall, total imports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +2.6% 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 +69.6% against 2016 indices. The pace of growth appeared the most rapid in 2017 with an increase of 63%. Imports peaked at X units in 2020, and then reduced in the following year.

In value terms, feedstuff preparing machinery imports dropped to $X in 2021. In general, total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% 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 decreased by -4.8% against 2019 indices. The pace of growth was the most pronounced in 2017 when imports increased by 70% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Austria (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of feedstuff preparing machinery imports to Finland, together accounting for 69% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +128.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Austria ($X) constituted the largest feedstuff preparing machinery suppliers to Finland, with a combined 67% share of total imports.

In terms of the main suppliers, Austria, with a CAGR of +129.1%, saw 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

The average feedstuff preparing machinery import price stood at $X per unit in 2021, remaining stable against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 20% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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