Romania: Poultry Incubator Market 2024

Poultry Incubator Market Size in Romania

The Romanian poultry incubator market rose remarkably to $X in 2022, picking up by 5.6% against the previous year. Over the period under review, consumption, however, showed a mild curtailment. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Poultry Incubator Production in Romania

In value terms, poultry incubator production expanded notably to $X in 2022 estimated in export price. In general, production, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by 29%. Poultry incubator production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Poultry Incubator Exports

Exports from Romania

In 2022, after two years of growth, there was significant decline in overseas shipments of poultry incubators and brooders, when their volume decreased by -7.8% to X units. Overall, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 81%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, poultry incubator exports dropped notably to $X in 2022. In general, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2014 with an increase of 66% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then declined notably in the following year.

Exports by Country

Poland (X units), the Czech Republic (X units) and France (X units) were the main destinations of poultry incubator exports from Romania, with a combined 45% share of total exports. Bulgaria, Moldova, Hungary, Greece, Libya and the Netherlands lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +43.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), France ($X) and Poland ($X) appeared to be the largest markets for poultry incubator exported from Romania worldwide, together comprising 44% of total exports. These countries were followed by Bulgaria, Hungary, Moldova, Greece, Libya and the Netherlands, which together accounted for a further 44%.

Bulgaria, with a CAGR of +56.8%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 poultry incubator export price stood at $X per unit in 2022, declining by -15.7% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poultry incubator export price increased by +31.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 56%. As a result, the export price attained the peak level of $X per unit, and then contracted rapidly in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Greece ($X per unit) and the Czech Republic ($X per unit), while the average price for exports to Moldova ($X per unit) and Poland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry Incubator Imports

Imports into Romania

In 2022, imports of poultry incubators and brooders into Romania expanded notably to X units, with an increase of 5.7% on the previous year's figure. In general, imports, however, recorded a abrupt descent. The growth pace was the most rapid in 2015 when imports increased by 61% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, poultry incubator imports shrank to $X in 2022. Overall, imports, however, showed a deep downturn. The pace of growth was the most pronounced in 2018 when imports increased by 45% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Belgium (X units) and the Netherlands (X units) were the main suppliers of poultry incubator imports to Romania, together comprising 76% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +25.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), China ($X) and the Netherlands ($X) constituted the largest poultry incubator suppliers to Romania, with a combined 79% share of total imports.

Among the main suppliers, China, with a CAGR of +37.0%, saw 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

In 2022, the average poultry incubator import price amounted to $X per unit, declining by -11.4% against the previous year. Over the period under review, the import price recorded a mild shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 92% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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