United Kingdom: Poultry Incubator Market 2024

Poultry Incubator Market Size in the UK

In 2022, the UK poultry incubator market decreased by -4.7% to $X, falling for the second year in a row after two years of growth. In general, consumption continues to indicate a abrupt contraction. Poultry incubator consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Poultry Incubator Production in the UK

In value terms, poultry incubator production rose to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2019 when the production volume increased by 79% against the previous year. Poultry incubator production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Poultry Incubator Exports

Exports from the UK

In 2022, after two years of decline, there was significant growth in overseas shipments of poultry incubators and brooders, when their volume increased by 84% to X units. Overall, exports, however, saw a deep slump. The growth pace was the most rapid in 2017 with an increase of 324% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, poultry incubator exports soared to $X in 2022. In general, exports, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2017 when exports increased by 231% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Pakistan (X units) was the main destination for poultry incubator exports from the UK, with a 38% share of total exports. Moreover, poultry incubator exports to Pakistan exceeded the volume sent to the second major destination, the United States (X units), fourfold. The third position in this ranking was taken by South Africa (X units), with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume to Pakistan stood at +17.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+4.6% per year) and South Africa (+7.4% per year).

In value terms, Pakistan ($X) emerged as the key foreign market for poultry incubators and brooders exports from the UK, comprising 27% of total exports. The second position in the ranking was taken by South Africa ($X), with a 10% share of total exports. It was followed by the United States, with a 9.6% share.

From 2012 to 2022, the average annual growth rate of value to Pakistan totaled +15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+6.2% per year) and the United States (+7.5% per year).

Export Prices by Country

The average poultry incubator export price stood at $X per unit in 2022, reducing by -34% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 38% against the previous year. The export price peaked at $X per unit in 2021, and then reduced dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Pakistan ($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 Spain (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry Incubator Imports

Imports into the UK

In 2022, purchases abroad of poultry incubators and brooders decreased by -22.3% to X units, falling for the second year in a row after two years of growth. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by 474% against the previous year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, poultry incubator imports reduced notably to $X in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by 584% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

France (X units), China (X units) and the Netherlands (X units) were the main suppliers of poultry incubator imports to the UK, together comprising 83% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +67.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest poultry incubator suppliers to the UK were France ($X), China ($X) and the Netherlands ($X), with a combined 57% share of total imports. South Korea, Belgium, Spain, the United States and Germany lagged somewhat behind, together accounting for a further 37%.

Among the main suppliers, Spain, with a CAGR of +1,625.9%, recorded 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

The average poultry incubator import price stood at $X per unit in 2022, waning by -32.9% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 81%. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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