United Kingdom: Poultry-Keeping Machinery Market 2024

Poultry-Keeping Machinery Market Size in the UK

In 2022, the UK poultry-keeping machinery market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Poultry-Keeping Machinery Production in the UK

In value terms, poultry-keeping machinery production expanded modestly to $X in 2022 estimated in export price. In general, production saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 40%. Poultry-keeping machinery production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Poultry-Keeping Machinery Exports

Exports from the UK

In 2022, poultry-keeping machinery exports from the UK dropped sharply to X units, falling by -23.8% against the previous year. In general, exports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of 143%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, poultry-keeping machinery exports totaled $X in 2022. Over the period under review, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 107% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for poultry-keeping machinery exports from the UK, accounting for a 57% share of total exports. Moreover, poultry-keeping machinery exports to the United States exceeded the volume sent to the second major destination, the Philippines (X units), sixfold. The third position in this ranking was held by the Czech Republic (X units), with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +63.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+32.3% per year) and the Czech Republic (-0.7% per year).

In value terms, the United States ($X) remains the key foreign market for poultry-keeping machinery exports from the UK, comprising 36% of total exports. The second position in the ranking was held by France ($X), with a 14% share of total exports. It was followed by the Philippines, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +63.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+24.0% per year) and the Philippines (+15.4% per year).

Export Prices by Country

In 2022, the average poultry-keeping machinery export price amounted to $X per unit, with an increase of 32% against the previous year. Overall, the export price, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2017 an increase of 60% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Portugal ($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 the Czech Republic (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry-Keeping Machinery Imports

Imports into the UK

Poultry-keeping machinery imports into the UK surged to X units in 2022, growing by 29% on 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 58% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, poultry-keeping machinery imports skyrocketed to $X in 2022. In general, imports saw a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of poultry-keeping machinery to the UK, with a 73% share of total imports. Moreover, poultry-keeping machinery imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), fourfold. China (X units) ranked third in terms of total imports with a 2.6% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-8.3% per year) and China (+27.2% per year).

In value terms, Germany ($X) constituted the largest supplier of poultry-keeping machinery to the UK, comprising 63% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 22% share of total imports. It was followed by the United States, with a 4.4% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-7.4% per year) and the United States (+6.8% per year).

Import Prices by Country

In 2022, the average poultry-keeping machinery import price amounted to $X per unit, rising by 21% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 29% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 the Czech Republic ($X per unit), while the price for China ($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 Czech Republic (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :