The Netherlands leads the global export market for machinery used in animal feeding, holding 15.26% of market share. Following closely are China and Germany, with China showing a significant growth momentum of 3.16% over the past two years. Canada and Spain have experienced slight declines, while countries like Slovakia, South Korea, and Russia have seen substantial growth, the latter with an impressive 9.23% increase. Notably, Japan and Bosnia and Herzegovina emerged with massive upticks of over 100%, albeit starting from a low base.
Future trends indicate China’s potential to surpass the Netherlands if current growth rates persist. Meanwhile, innovation and automation in feeding machinery could drive more significant competition among key players, with technology transfer playing a crucial role for emerging exporters. Monitoring shifts in global agricultural policies and sustainability standards will be vital as they might influence export dynamics in the coming years.
Top countries in Export of Machinery for Preparing Animal Feeding Stuffs Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 15.26 | 2023 | +3.03% | +1.42% | View data |
| 2 | 2 China | 13.33 | 2023 | +3.22% | +3.16% | View data |
| 3 | 3 Germany | 11.21 | 2023 | +2.15% | +1.31% | View data |
| 4 | 4 Italy | 10.24 | 2023 | +2.15% | +0.81% | View data |
| 5 | 5 United States | 10.03 | 2023 | +2.97% | +1.55% | View data |
| 6 | 6 France | 4.51 | 2023 | +3.24% | +3.27% | View data |
| 7 | 7 Canada | 4.5 | 2023 | +0.94% | -0.0073% | View data |
| 8 | 8 Spain | 4.17 | 2023 | +1.46% | -0.21% | View data |
| 9 | 9 Ireland | 2.91 | 2023 | +0.84% | +0.89% | View data |
| 10 | 10 Denmark | 2.47 | 2023 | -0.53% | -2.49% | View data |
