Europe: Market for Straw Or Fodder Balers, Including Pickup Balers 2024

Market Size for Straw Or Fodder Balers, Including Pickup Balers in Europe

The Europe straw for fodder balers market skyrocketed to $X in 2023, jumping by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level in 2023 and is likely to see gradual growth in the immediate term.

Production of Straw Or Fodder Balers, Including Pickup Balers in Europe

In value terms, straw for fodder balers production rose modestly to $X in 2023 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports in Europe

In 2023, approx. X units of straw or fodder balers, including pickup balers were exported in Europe; rising by X% on the previous year. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, straw for fodder balers exports amounted to $X in 2023. Total exports indicated a tangible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2015 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2023 and are likely to see gradual growth in the near future.

Exports by Country

In 2023, France (X units), distantly followed by Italy (X units), Poland (X units), Ireland (X units), Germany (X units) and the Netherlands (X units) represented the main exporters of straw or fodder balers, including pickup balers, together generating X% of total exports. Hungary (X units) took a minor share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Italy (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest straw for fodder balers supplying countries in Europe were Germany ($X), France ($X) and the Netherlands ($X), with a combined X% share of total exports. Italy, Poland, Ireland and Hungary lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Italy, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per unit in 2023, dropping by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2022, and then shrank sharply in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports in Europe

In 2023, the amount of straw or fodder balers, including pickup balers imported in Europe soared to X units, increasing by X% on the year before. Total imports indicated a perceptible increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, straw for fodder balers imports expanded sharply to $X in 2023. Total imports indicated a slight increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of import peaked in 2023 and is likely to see steady growth in the near future.

Imports by Country

France was the key importing country with an import of around X units, which recorded X% of total imports. Russia (X units) ranks second in terms of the total imports with a X% share, followed by Belgium (X%). The UK (X units), Italy (X units), Ireland (X units), Belarus (X units), Denmark (X units), Spain (X units), Germany (X units) and Poland (X units) followed a long way behind the leaders.

France was also the fastest-growing in terms of the straw or fodder balers, including pickup balers imports, with a CAGR of X% from 2012 to 2023. At the same time, Belarus (X%), Belgium (X%), Italy (X%), Denmark (X%) and Spain (X%) displayed positive paces of growth. Ireland experienced a relatively flat trend pattern. By contrast, Russia (X%), the UK (X%), Germany (X%) and Poland (X%) illustrated a downward trend over the same period. France (X p.p.) and Belgium (X p.p.) significantly strengthened its position in terms of the total imports, while Ireland, Poland, the UK, Germany and Russia saw its share reduced by X%, X%, X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X), Belgium ($X) and Germany ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Europe amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2022, and then fell dramatically in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Denmark ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform