Italy: Poultry Incubator Market 2024

Poultry Incubator Market Size in Italy

In 2022, after two years of growth, there was decline in the Italian poultry incubator market, when its value decreased by -3.7% to $X. In general, consumption showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 9.2%. Poultry incubator consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Poultry Incubator Production in Italy

In value terms, poultry incubator production totaled $X in 2022 estimated in export price. Overall, production showed a deep downturn. The pace of growth was the most pronounced in 2017 when the production volume increased by 7.7% against the previous year. Poultry incubator production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Poultry Incubator Exports

Exports from Italy

After two years of decline, shipments abroad of poultry incubators and brooders increased by 30% to X units in 2022. Overall, exports, however, saw a abrupt slump. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, poultry incubator exports reduced to $X in 2022. In general, exports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 26%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Egypt (X units) was the main destination for poultry incubator exports from Italy, accounting for a 38% share of total exports. Moreover, poultry incubator exports to Egypt exceeded the volume sent to the second major destination, Pakistan (X units), fivefold. France (X units) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume to Egypt totaled +17.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (+12.6% per year) and France (-13.5% per year).

In value terms, Egypt ($X) emerged as the key foreign market for poultry incubators and brooders exports from Italy, comprising 24% of total exports. The second position in the ranking was held by France ($X), with a 9.2% share of total exports. It was followed by the United States, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Egypt stood at +23.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-9.7% per year) and the United States (-4.8% per year).

Export Prices by Country

The average poultry incubator export price stood at $X per unit in 2022, which is down by -27.3% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 44% against the previous year. As a result, the export price attained the peak level of $X per unit, and then fell significantly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Pakistan ($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 Cameroon (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry Incubator Imports

Imports into Italy

In 2022, purchases abroad of poultry incubators and brooders increased by 4.7% to X units, rising for the fourth consecutive year after two years of decline. Overall, imports showed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 755%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, poultry incubator imports contracted markedly to $X in 2022. In general, imports posted a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,770% against the previous year. Imports peaked at $X in 2021, and then declined remarkably in the following year.

Imports by Country

In 2022, Belgium (X units) was the main poultry incubator supplier to Italy, accounting for a 93% share of total imports. Moreover, poultry incubator imports from Belgium exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium totaled +48.8%.

In value terms, Belgium ($X) constituted the largest supplier of poultry incubators and brooders to Italy, comprising 92% of total imports. The second position in the ranking was taken by China ($X), with a 4.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Belgium amounted to +47.0%.

Import Prices by Country

The average poultry incubator import price stood at $X per unit in 2022, reducing by -44.3% against the previous year. In general, the import price, however, continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 265%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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