Germany: Agricultural Product Dryer Market 2024

Agricultural Product Dryer Market Size in Germany

In 2021, the German agricultural product dryer market increased by 3.1% to $X, rising for the second year in a row after two years of decline. In general, consumption continues to indicate a deep downturn. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Agricultural Product Dryer Production in Germany

In value terms, agricultural product dryer production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed pronounced growth. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Agricultural Product Dryer Exports

Exports from Germany

In 2021, overseas shipments of dryers for the treatment of agricultural products increased by 26% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 108%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, agricultural product dryer exports surged to $X in 2021. In general, exports, however, saw a slight decline. The pace of growth was the most pronounced in 2013 when exports increased by 58% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Ukraine (X units), the UK (X units) and Sweden (X units) were the main destinations of agricultural product dryer exports from Germany, with a combined 36% share of total exports. Poland, the Philippines, Romania, Russia, Hungary, China, Brazil, Austria, South Korea and Indonesia lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +78.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for agricultural product dryer exported from Germany were Ukraine ($X), Poland ($X) and the UK ($X), together accounting for 34% of total exports. These countries were followed by Romania, the Philippines, Sweden, Russia, Hungary, China, Austria, Indonesia, South Korea and Brazil, which together accounted for a further 40%.

In terms of the main countries of destination, Brazil, with a CAGR of +210.8%, saw the highest rates of growth with regard to 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

In 2021, the average agricultural product dryer export price amounted to $X per unit, with an increase of 9.6% against the previous year. In general, export price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, agricultural product dryer export price increased by +70.1% against 2018 indices. The pace of growth appeared the most rapid in 2020 an increase of 43%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Brazil ($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 South Korea (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Agricultural Product Dryer Imports

Imports into Germany

After two years of decline, supplies from abroad of dryers for the treatment of agricultural products increased by 454% to X units in 2021. Over the period under review, imports enjoyed a strong expansion. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, agricultural product dryer imports skyrocketed to $X in 2021. In general, imports, however, recorded a abrupt shrinkage. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

France (X units), the United States (X units) and Poland (X units) were the main suppliers of agricultural product dryer imports to Germany, with a combined 73% share of total imports. These countries were followed by Denmark, Canada, Italy, Thailand, China and the Netherlands, which together accounted for a further 21%.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +135.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Poland ($X) constituted the largest agricultural product dryer suppliers to Germany, with a combined 74% share of total imports. These countries were followed by Denmark, Italy, Canada, Thailand, China, the Netherlands and Hungary, which together accounted for a further 21%.

Among the main suppliers, Thailand, with a CAGR of +183.1%, 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 average agricultural product dryer import price stood at $X per unit in 2021, with a decrease of -22.6% against the previous year. Over the period under review, the import price saw a deep downturn. The growth pace was the most rapid in 2019 when the average import price increased by 27%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+13.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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