Germany: Poultry Incubator Market 2024

Poultry Incubator Market Size in Germany

The German poultry incubator market shrank to $X in 2022, dropping by -6.1% against the previous year. In general, consumption continues to indicate a abrupt setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Poultry Incubator Production in Germany

In value terms, poultry incubator production declined to $X in 2022 estimated in export price. Overall, production saw a deep reduction. The pace of growth appeared the most rapid in 2021 when the production volume increased by 18%. Poultry incubator production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Poultry Incubator Exports

Exports from Germany

In 2022, overseas shipments of poultry incubators and brooders decreased by -81.4% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2020 with an increase of 72% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, poultry incubator exports dropped rapidly to $X in 2022. Overall, exports showed a precipitous slump. The growth pace was the most rapid in 2020 with an increase of 149% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for poultry incubator exports from Germany, with a 36% share of total exports. Moreover, poultry incubator exports to Russia exceeded the volume sent to the second major destination, Egypt (X units), twofold. Poland (X units) ranked third in terms of total exports with a 5.7% share.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at -26.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (-11.5% per year) and Poland (-32.3% per year).

In value terms, Russia ($X) remains the key foreign market for poultry incubators and brooders exports from Germany, comprising 41% of total exports. The second position in the ranking was held by Belgium ($X), with a 7.4% share of total exports. It was followed by China, with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at -26.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-15.3% per year) and China (+4.9% per year).

Export Prices by Country

The average poultry incubator export price stood at $X per unit in 2022, jumping by 75% against the previous year. Over the period under review, the export price recorded a prominent expansion. The growth pace was the most rapid in 2017 when the average export price increased by 84% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Egypt ($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 Belgium (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry Incubator Imports

Imports into Germany

In 2022, purchases abroad of poultry incubators and brooders decreased by -66.2% to X units, falling for the third consecutive year after two years of growth. In general, imports faced a abrupt curtailment. The growth pace was the most rapid in 2015 with an increase of 114% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, poultry incubator imports declined dramatically to $X in 2022. Overall, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2018 when imports increased by 82% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X units), China (X units) and Belgium (X units) were the main suppliers of poultry incubator imports to Germany, with a combined 82% share of total imports. Italy, South Korea and the UK lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +5.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), China ($X) and the Netherlands ($X) were the largest poultry incubator suppliers to Germany, with a combined 64% share of total imports. The UK, South Korea and Italy lagged somewhat behind, together accounting for a further 30%.

The UK, with a CAGR of +11.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average poultry incubator import price amounted to $X per unit, jumping by 17% against the previous year. Overall, the import price, however, saw a slight decline. The growth pace was the most rapid in 2020 when the average import price increased by 42%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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