Sweden: Poultry-Keeping Machinery Market 2024

Poultry-Keeping Machinery Market Size in Sweden

The Swedish poultry-keeping machinery market reduced slightly to $X in 2022, leveling off at the previous year. Overall, consumption, however, recorded a noticeable curtailment. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Poultry-Keeping Machinery Production in Sweden

In value terms, poultry-keeping machinery production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 223% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Poultry-Keeping Machinery Exports

Exports from Sweden

In 2022, the amount of poultry-keeping machinery exported from Sweden surged to X units, growing by 2,728% compared with the previous year's figure. Overall, exports, however, recorded a perceptible reduction. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, poultry-keeping machinery exports skyrocketed to $X in 2022. In general, exports, however, showed a deep contraction. The growth pace was the most rapid in 2020 when exports increased by 522%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Iraq (X units) was the main destination for poultry-keeping machinery exports from Sweden, with a 65% share of total exports. Moreover, poultry-keeping machinery exports to Iraq exceeded the volume sent to the second major destination, Serbia (X units), fivefold. The third position in this ranking was taken by North Macedonia (X units), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iraq was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+104.2% per year) and North Macedonia (0.0% per year).

In value terms, Iraq ($X), Norway ($X) and Serbia ($X) appeared to be the largest markets for poultry-keeping machinery exported from Sweden worldwide, together comprising 80% of total exports.

Serbia, with a CAGR of +35.1%, saw the highest rates of growth with regard to 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

In 2022, the average poultry-keeping machinery export price amounted to $X per unit, shrinking by -91.3% against the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 225%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 Norway ($X per unit), while the average price for exports to Serbia ($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 Norway (+16.8%), while the prices for the other major destinations experienced mixed trend patterns.

Poultry-Keeping Machinery Imports

Imports into Sweden

Poultry-keeping machinery imports into Sweden dropped remarkably to X units in 2022, falling by -69.4% on the previous year's figure. Over the period under review, imports faced a precipitous setback. The growth pace was the most rapid in 2015 when imports increased by 38% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, poultry-keeping machinery imports declined sharply to $X in 2022. In general, imports faced a precipitous shrinkage. The growth pace was the most rapid in 2014 with an increase of 35%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X units) constituted the largest supplier of poultry-keeping machinery to Sweden, accounting for a 63% share of total imports. Moreover, poultry-keeping machinery imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was taken by Denmark (X units), with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled +32.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-43.1% per year) and Denmark (+14.9% per year).

In value terms, Spain ($X) constituted the largest supplier of poultry-keeping machinery to Sweden, comprising 61% of total imports. The second position in the ranking was held by Germany ($X), with a 27% share of total imports. It was followed by Denmark, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at +21.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-39.1% per year) and Denmark (+27.7% per year).

Import Prices by Country

The average poultry-keeping machinery import price stood at $X per unit in 2022, with an increase of 27% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poultry-keeping machinery import price increased by +109.6% against 2016 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 38%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Denmark ($X per unit) and the UK ($X per unit), while the price for Spain ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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