The global export of machinery for preparing animal feeding stuffs saw notable leaders in 2023, with the Netherlands, China, and Germany being the top exporters valued at $182.96 million, $159.78 million, and $134.42 million, respectively. Most countries experienced a modest year-on-year increase, with China and France seeing over 3% growth. In contrast, Switzerland and Greece faced declines. Portugal, Peru, and Japan experienced significant growth spurts, whilst Japan observed an over 100% jump. Meanwhile, Bosnia and Herzegovina saw substantial growth, marking an impressive rise of 141.02% compared to 2023.
Looking ahead, advancements in agricultural technology alongside rising global demands for efficient animal feed solutions could hint at increased exports. Key players such as China and the Netherlands should continue their competitive stance, while emerging countries showing robust growth, such as Peru, could gain further market share. Moreover, innovation and sustainable practices will become vital in shaping future trends in this sector.
Top countries in Export of Machinery for Preparing Animal Feeding Stuffs by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 182,960,000 | 2023 | +3.03% | +1.42% | View data |
| 2 | 2 China | 159,780,000 | 2023 | +3.22% | +3.16% | View data |
| 3 | 3 Germany | 134,420,000 | 2023 | +2.15% | +1.31% | View data |
| 4 | 4 Italy | 122,730,000 | 2023 | +2.15% | +0.81% | View data |
| 5 | 5 United States | 120,220,000 | 2023 | +2.97% | +1.55% | View data |
| 6 | 6 France | 54,035,000 | 2023 | +3.24% | +3.27% | View data |
| 7 | 7 Canada | 53,958,000 | 2023 | +0.94% | -0.0073% | View data |
| 8 | 8 Spain | 50,015,000 | 2023 | +1.46% | -0.21% | View data |
| 9 | 9 Ireland | 34,895,000 | 2023 | +0.84% | +0.89% | View data |
| 10 | 10 Denmark | 29,630,000 | 2023 | -0.53% | -2.49% | View data |
