Germany: Market for Preparations Used In Animal Feeding 2024

Market Size for Preparations Used In Animal Feeding in Germany

For the third year in a row, the German preparations for animal feeding market recorded growth in sales value, which increased by 15% to $X in 2022. The market value increased at an average annual rate of +3.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Preparations Used In Animal Feeding in Germany

In value terms, preparations for animal feeding production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Preparations Used In Animal Feeding

Exports from Germany

In 2022, the amount of preparations used in animal feeding exported from Germany rose slightly to X tons, increasing by 4.4% on 2021 figures. The total export volume increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when exports increased by 7.2%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, preparations for animal feeding exports expanded markedly to $X in 2022. Overall, exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by 23%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The Netherlands (X tons), Poland (X tons) and France (X tons) were the main destinations of preparations for animal feeding exports from Germany, together comprising 50% of total exports. Denmark, Austria, Norway, the Czech Republic, Italy, Belgium, the UK, Switzerland, Luxembourg and Hungary lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of +39.3%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Netherlands ($X) and Austria ($X) constituted the largest markets for preparations for animal feeding exported from Germany worldwide, with a combined 36% share of total exports. France, the UK, Italy, Switzerland, the Czech Republic, Denmark, Norway, Belgium, Hungary and Luxembourg lagged somewhat behind, together comprising a further 42%.

Norway, with a CAGR of +39.5%, saw the highest growth rate of the value of exports, among 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 preparations for animal feeding export price stood at $X per ton in 2022, increasing by 2.1% against the previous year. Overall, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preparations for animal feeding export price increased by +58.8% against 2015 indices. The most prominent rate of growth was recorded in 2021 an increase of 17%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Preparations Used In Animal Feeding

Imports into Germany

In 2022, preparations for animal feeding imports into Germany reduced to X tons, which is down by -6.3% compared with 2021 figures. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 12% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, preparations for animal feeding imports declined slightly to $X in 2022. Overall, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.2% against 2016 indices. The pace of growth was the most pronounced in 2021 when imports increased by 18%. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest preparations for animal feeding supplier to Germany, accounting for a 37% share of total imports. Moreover, preparations for animal feeding imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The third position in this ranking was held by France (X tons), with a 9.7% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands amounted to -4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+25.2% per year) and France (+3.8% per year).

In value terms, the Netherlands ($X), Poland ($X) and China ($X) constituted the largest preparations for animal feeding suppliers to Germany, together comprising 50% of total imports.

Poland, with a CAGR of +29.6%, saw the highest growth rate of 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

The average preparations for animal feeding import price stood at $X per ton in 2022, rising by 6.6% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preparations for animal feeding import price increased by +65.4% against 2015 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 20% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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