India: Feedstuff Preparing Machinery Market 2025

Feedstuff Preparing Machinery Market Size in India

The Indian feedstuff preparing machinery market dropped modestly to $X in 2021, which is down by -1.7% against the previous year. The market value increased at an average annual rate of +2.1% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Feedstuff Preparing Machinery Production in India

In value terms, feedstuff preparing machinery production fell slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2014 with an increase of 13%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Feedstuff Preparing Machinery Exports

Exports from India

In 2021, shipments abroad of machinery for preparing animal feedstuffs was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 119%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, feedstuff preparing machinery exports skyrocketed to $X in 2021. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 145% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Nepal (X units) was the main destination for feedstuff preparing machinery exports from India, with a 45% share of total exports. Moreover, feedstuff preparing machinery exports to Nepal exceeded the volume sent to the second major destination, Kenya (X units), twofold. The third position in this ranking was held by Ethiopia (X units), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Nepal totaled +48.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (+19.7% per year) and Ethiopia (+247.9% per year).

In value terms, Nepal ($X) remains the key foreign market for machinery for preparing animal feedstuffs exports from India, comprising 46% of total exports. The second position in the ranking was taken by Kenya ($X), with a 21% share of total exports. It was followed by Ethiopia, with a 16% share.

From 2012 to 2021, the average annual growth rate of value to Nepal totaled +48.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (+19.0% per year) and Ethiopia (+270.3% per year).

Export Prices by Country

The average feedstuff preparing machinery export price stood at $X per unit in 2021, rising by 2.8% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 12% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat 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 Iraq ($X per unit), while the average price for exports to Oman ($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 Ethiopia (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Feedstuff Preparing Machinery Imports

Imports into India

In 2021, imports of machinery for preparing animal feedstuffs into India declined notably to X units, shrinking by -17.4% compared with 2020 figures. Overall, imports recorded a slight decline. The pace of growth appeared the most rapid in 2015 with an increase of 72% against the previous year. Over the period under review, imports reached the peak figure at X units in 2020, and then shrank rapidly in the following year.

In value terms, feedstuff preparing machinery imports contracted to $X in 2021. In general, imports recorded a slight decrease. The most prominent rate of growth was recorded in 2015 with an increase of 64% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest feedstuff preparing machinery supplier to India, accounting for a 52% share of total imports. Moreover, feedstuff preparing machinery imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), twofold. Spain (X units) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+6.5% per year) and Spain (-11.0% per year).

In value terms, China ($X) constituted the largest supplier of machinery for preparing animal feedstuffs to India, comprising 52% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 25% share of total imports. It was followed by Spain, with a 6.9% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+6.4% per year) and Spain (-11.0% per year).

Import Prices by Country

The average feedstuff preparing machinery import price stood at $X per unit in 2021, picking up by 3.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 12%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Germany ($X per unit) and Singapore ($X per unit), while the price for Taiwan (Chinese) ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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