World - Dryers For The Treatment Of Agricultural Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAgricultural Product Dryer Market
The global agricultural product dryer market is projected to experience growth in both volume and value terms over the next eight years, with an anticipated CAGR of +2.4% for volume and +3.6% for value from 2022 to 2030. Consumption of dryers for agricultural products has seen a reduction in recent years, with the market volume reaching 84K units in 2022. The top consuming countries in 2022 were China, Denmark, and the United States. Production of agricultural product dryers increased by 3.2% in 2022, while imports and exports faced declines. Brunei Darussalam dominated the export market, with New Zealand and the UK showing positive growth in exports. The average export price per unit decreased in 2022, with varying price trends among the top exporting countries.
Market Forecast
Driven by rising demand for agricultural product dryer worldwide, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +2.4% for the period from 2022 to 2030, which is projected to bring the market volume to 101K units by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +3.6% for the period from 2022 to 2030, which is projected to bring the market value to $1.9B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Dryers For The Treatment Of Agricultural Products
In 2022, the amount of dryers for the treatment of agricultural products consumed worldwide contracted to 84K units, falling by -2.8% on the previous year. In general, consumption continues to indicate a perceptible reduction. As a result, consumption reached the peak volume of 142K units. From 2017 to 2022, the growth of the global consumption remained at a somewhat lower figure.
The global agricultural product dryer market revenue fell to $1.4B in 2022, waning by -7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a pronounced downturn. Global consumption peaked at $2.1B in 2012; however, from 2013 to 2022, consumption failed to regain momentum.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (17K units), Denmark (9.7K units) and the United States (7.4K units), with a combined 40% share of global consumption.
From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +46.0%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, China ($212M), Denmark ($192M) and the United States ($173M) were the countries with the highest levels of market value in 2022, together comprising 41% of the global market.
In terms of the main consuming countries, Denmark, with a CAGR of +45.5%, recorded the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
In 2022, the highest levels of agricultural product dryer per capita consumption was registered in Denmark (1,652 units per million persons), followed by Canada (72 units per million persons), the Philippines (38 units per million persons) and Italy (30 units per million persons), while the world average per capita consumption of agricultural product dryer was estimated at 11 units per million persons.
In Denmark, agricultural product dryer per capita consumption increased at an average annual rate of +45.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Canada (+8.6% per year) and the Philippines (+10.7% per year).
Production
World Production of Dryers For The Treatment Of Agricultural Products
In 2022, production of dryers for the treatment of agricultural products increased by 3.2% to 86K units, rising for the second consecutive year after two years of decline. Overall, production, however, recorded a pronounced downturn. The pace of growth was the most pronounced in 2016 with an increase of 53% against the previous year. As a result, production reached the peak volume of 137K units. From 2017 to 2022, global production growth remained at a lower figure.
In value terms, agricultural product dryer production rose to $1.3B in 2022 estimated in export price. In general, production, however, showed a perceptible slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by 8.1%. Global production peaked at $2B in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.
Production By Country
The countries with the highest volumes of production in 2022 were China (17K units), Brunei Darussalam (14K units) and Denmark (9.7K units), with a combined 47% share of global production.
From 2012 to 2022, the biggest increases were recorded for Brunei Darussalam (with a CAGR of +1,409,100.0%), while production for the other global leaders experienced mixed trends in the production figures.
Imports
World Imports of Dryers For The Treatment Of Agricultural Products
In 2022, approx. 16K units of dryers for the treatment of agricultural products were imported worldwide; shrinking by -27.5% compared with the year before. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 43% against the previous year. Global imports peaked at 23K units in 2021, and then shrank rapidly in the following year.
In value terms, agricultural product dryer imports declined dramatically to $255M in 2022. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of 24%. Global imports peaked at $490M in 2012; however, from 2013 to 2022, imports remained at a lower figure.
Imports By Country
In 2022, the Philippines (4.3K units), distantly followed by Canada (2.8K units) and Nigeria (0.8K units) were the major importers of dryers for the treatment of agricultural products, together mixing up 48% of total imports. Mexico (572 units), India (560 units), Ukraine (527 units), Kazakhstan (394 units), Turkey (360 units), Indonesia (309 units) and Paraguay (271 units) held a little share of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Nigeria (with a CAGR of +26.7%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, the largest agricultural product dryer importing markets worldwide were Canada ($28M), Ukraine ($26M) and Turkey ($13M), together comprising 26% of global imports. Nigeria, Mexico, the Philippines, Kazakhstan, India, Indonesia and Paraguay lagged somewhat behind, together comprising a further 24%.
In terms of the main importing countries, Nigeria, with a CAGR of +17.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
The average agricultural product dryer import price stood at $15,537 per unit in 2022, which is down by -22.3% against the previous year. Overall, the import price showed a abrupt decrease. The pace of growth appeared the most rapid in 2017 an increase of 35% against the previous year. Over the period under review, average import prices hit record highs at $34,703 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($48,794 per unit), while the Philippines ($2,274 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+4.1%), while the other global leaders experienced a decline in the import price figures.
Exports
World Exports of Dryers For The Treatment Of Agricultural Products
In 2022, the amount of dryers for the treatment of agricultural products exported worldwide shrank to 19K units, falling by -5.7% compared with the year before. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 53%. Over the period under review, the global exports reached the peak figure at 20K units in 2021, and then reduced in the following year.
In value terms, agricultural product dryer exports contracted rapidly to $76M in 2022. Overall, exports faced a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 18%. Over the period under review, the global exports reached the maximum at $532M in 2013; however, from 2014 to 2022, the exports failed to regain momentum.
Exports By Country
Brunei Darussalam prevails in exports structure, recording 14K units, which was approx. 74% of total exports in 2022. It was distantly followed by New Zealand (1.3K units), generating a 6.8% share of total exports. The following exporters - Taiwan (Chinese) (725 units), the UK (720 units), India (364 units) and Pakistan (288 units) - together made up 11% of total exports.
Brunei Darussalam was also the fastest-growing in terms of the dryers for the treatment of agricultural products exports, with a CAGR of +442.7% from 2012 to 2022. At the same time, New Zealand (+62.8%), Pakistan (+57.8%), the UK (+8.0%) and Taiwan (Chinese) (+3.2%) displayed positive paces of growth. By contrast, India (-4.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brunei Darussalam, New Zealand and the UK increased by +74, +6.8 and +2 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the UK ($22M), Taiwan (Chinese) ($18M) and New Zealand ($8.3M) were the countries with the highest levels of exports in 2022, with a combined 63% share of global exports. India, Pakistan and Brunei Darussalam lagged somewhat behind, together accounting for a further 3%.
Brunei Darussalam, with a CAGR of +152.4%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
In 2022, the average agricultural product dryer export price amounted to $3,959 per unit, waning by -82.3% against the previous year. Overall, the export price faced a abrupt slump. The pace of growth appeared the most rapid in 2017 an increase of 15%. As a result, the export price attained the peak level of $28,817 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the UK ($29,984 per unit), while Brunei Darussalam ($7.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+0.9%), while the other global leaders experienced mixed trends in the export price figures.
This report provides an in-depth analysis of the global agricultural product dryer market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28931600 - Dryers for the treatment of agricultural products by a process involving a change in temperature
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global agricultural product dryer market.
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