U.S.: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in the U.S.

The U.S. meat-preparation industrial machinery market surged to $X in 2022, with an increase of 41% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Meat-Preparation Industrial Machinery Exports

Exports from the U.S.

In 2022, approx. X units of industrial machinery for the preparation of meat or poultry were exported from the United States; remaining relatively unchanged against the year before. Over the period under review, exports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 15% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, meat-preparation industrial machinery exports rose markedly to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 20% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Canada (X units), Mexico (X units) and China (X units) were the main destinations of meat-preparation industrial machinery exports from the United States, together comprising 38% of total exports. Australia, Brazil, Germany, the Netherlands, the UK, Italy, France, Spain, Thailand and New Zealand lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +10.7%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Mexico ($X) and Brazil ($X) were the largest markets for meat-preparation industrial machinery exported from the United States worldwide, together comprising 34% of total exports. China, Australia, the Netherlands, Germany, the UK, France, Spain, New Zealand, Thailand and Italy lagged somewhat behind, together comprising a further 37%.

New Zealand, with a CAGR of +12.3%, saw the highest growth rate of 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

In 2022, the average meat-preparation industrial machinery export price amounted to $X per unit, increasing by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2017 an increase of 11%. The export price peaked in 2022 and is expected to retain growth in years to come.

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 the Netherlands ($X per unit), while the average price for exports to Italy ($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 Canada (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Meat-Preparation Industrial Machinery Imports

Imports into the U.S.

In 2022, meat-preparation industrial machinery imports into the United States surged to X units, with an increase of 58% against the year before. Over the period under review, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 58% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, meat-preparation industrial machinery imports skyrocketed to $X in 2022. Overall, imports recorded a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), the Netherlands (X units) and Denmark (X units) were the main suppliers of meat-preparation industrial machinery imports to the United States, with a combined 63% share of total imports. Canada, France, Italy, China, Switzerland and the UK lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +56.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Denmark ($X) appeared to be the largest meat-preparation industrial machinery suppliers to the United States, with a combined 59% share of total imports. Italy, Canada, China, France, the UK and Switzerland lagged somewhat behind, together comprising a further 25%.

France, with a CAGR of +20.0%, saw the highest rates of growth with regard to 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

In 2022, the average meat-preparation industrial machinery import price amounted to $X per unit, declining by -17.6% against the previous year. In general, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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