Germany: Dairy Machinery Market 2024

Dairy Machinery Market Size in Germany

The German dairy machinery market reduced rapidly to $X in 2022, waning by -25.4% against the previous year. In general, consumption, however, enjoyed a strong expansion. Dairy machinery consumption peaked at $X in 2021, and then fell sharply in the following year.

Dairy Machinery Production in Germany

In value terms, dairy machinery production shrank notably to $X in 2022 estimated in export price. Overall, production showed a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. As a result, production reached the peak level of $X, and then dropped sharply in the following year.

Dairy Machinery Exports

Exports from Germany

After two years of growth, overseas shipments of dairy machinery decreased by -24.7% to X units in 2022. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 143% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, dairy machinery exports shrank rapidly to $X in 2022. In general, exports showed a perceptible setback. The growth pace was the most rapid in 2020 with an increase of 112% against the previous year. The exports peaked at $X in 2021, and then fell rapidly in the following year.

Exports by Country

Iran (X units), the Czech Republic (X units) and Turkey (X units) were the main destinations of dairy machinery exports from Germany, together comprising 47% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +90.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dairy machinery exported from Germany were the United States ($X), Turkey ($X) and Greece ($X), with a combined 55% share of total exports.

Greece, with a CAGR of +184.1%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average dairy machinery export price stood at $X per unit in 2022, with a decrease of -30% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dairy machinery export price decreased by -30.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 58% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to Iran ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+57.5%), while the prices for the other major destinations experienced more modest paces of growth.

Dairy Machinery Imports

Imports into Germany

In 2022, supplies from abroad of dairy machinery decreased by -9.5% to X units, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed notable growth. The growth pace was the most rapid in 2020 when imports increased by 124%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, dairy machinery imports rose rapidly to $X in 2022. Over the period under review, imports, however, posted noticeable growth. The most prominent rate of growth was recorded in 2020 when imports increased by 157%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Netherlands (X units), Denmark (X units) and France (X units) were the main suppliers of dairy machinery imports to Germany, with a combined 50% share of total imports. Finland, Latvia, Switzerland, Poland, Serbia, the UK, Sweden, Ukraine, Turkey and Italy lagged somewhat behind, together comprising a further 46%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Latvia (with a CAGR of +713.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Denmark ($X) and Finland ($X) were the largest dairy machinery suppliers to Germany, together accounting for 68% of total imports. France, Switzerland, the UK, Poland, Sweden, Latvia, Italy, Serbia, Ukraine and Turkey lagged somewhat behind, together comprising a further 29%.

In terms of the main suppliers, Latvia, with a CAGR of +449.7%, 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 dairy machinery import price stood at $X per unit in 2022, jumping by 24% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 96%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per unit), while the price for Latvia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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