Report Update: May 1, 2024

China - Machinery For The Preparation Or Manufacture Of Food Or Drink - Market Analysis, Forecast, Size, Trends And Insights

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Food Manufacture Machinery Price in China - 2023

Food Manufacture Machinery Price in China (FOB) - 2023

The average food manufacture machinery export price stood at $236 per unit in June 2023, waning by -32.8% against the previous month. Overall, the export price saw a perceptible slump. The pace of growth appeared the most rapid in September 2022 an increase of 39% m-o-m. The export price peaked at $574 per unit in July 2022; however, from August 2022 to June 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was India ($805 per unit), while the average price for exports to Belgium ($49.7 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Food Manufacture Machinery Price in China (CIF) - 2022

The average food manufacture machinery import price stood at $4,003 per unit in 2022, declining by -24.5% against the previous year. Overall, the import price continues to indicate a mild contraction. The growth pace was the most rapid in 2019 an increase of 23%. As a result, import price attained the peak level of $5,370 per unit. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($15,460 per unit), while the price for Singapore ($1,837 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Food Manufacture Machinery Exports in China

Food manufacture machinery exports from China surged to 712K units in 2022, picking up by 44% against the year before. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, food manufacture machinery exports reached $442M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 59%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Export of Food Manufacture Machinery in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	21.6	23.4	37.5	40.1	22.9%
India	13.6	9.4	32.3	36.8	39.3%
Thailand	10.4	10.6	15.0	25.9	35.5%
Indonesia	19.1	16.6	34.5	22.8	6.1%
Malaysia	12.1	9.7	14.4	19.1	16.4%
Vietnam	11.7	11.2	23.9	18.2	15.9%
Russia	11.5	11.0	17.4	14.8	8.8%
Mexico	4.7	5.1	7.2	11.1	33.2%
Philippines	5.2	5.2	10.3	10.6	26.8%
Ecuador	0.7	1.1	2.2	10.0	142.6%
Canada	2.7	3.7	6.6	9.8	53.7%
United Arab Emirates	1.7	4.2	4.6	6.6	57.2%
Chile	4.0	5.6	9.0	5.5	11.2%
Others	152	146	203	211	11.6%
Total	271	263	418	442	17.7%

Top Export Markets for Food Manufacture Machinery from China in 2022:

United States (131.0K units)
Thailand (41.6K units)
Philippines (32.1K units)
Malaysia (31.0K units)
India (30.3K units)
Indonesia (29.7K units)
Russia (28.3K units)
Ecuador (18.7K units)
Canada (18.3K units)
Mexico (16.4K units)
Chile (15.5K units)
United Arab Emirates (15.1K units)
Vietnam (14.9K units)

Food Manufacture Machinery Imports in China

For the fourth year in a row, China recorded growth in purchases abroad of machinery for the preparation or manufacture of food or drink, which increased by 40% to 33K units in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, food manufacture machinery imports reached $131M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

Import of Food Manufacture Machinery in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	23.0	28.5	27.0	27.8	6.5%
Italy	12.8	15.4	23.8	26.7	27.8%
Germany	11.3	13.5	18.9	19.9	20.8%
United States	3.3	4.5	10.2	16.2	70.0%
Denmark	6.7	8.7	7.5	9.0	10.3%
Singapore	0.4	0.2	0.2	3.6	108.0%
Brazil	0.4	0.7	1.8	1.8	65.1%
Switzerland	6.4	3.4	2.3	1.8	-34.5%
South Korea	2.2	2.1	0.5	1.4	-14.0%
Taiwan (Chinese)	5.3	N/A	N/A	N/A	0%
Others	14.3	26.3	31.7	22.8	16.8%
Total	86.2	103	124	131	15.0%

Top Suppliers of Food Manufacture Machinery to China in 2022:

Italy (8.0K units)
Germany (7.7K units)
United States (4.1K units)
Singapore (2.0K units)
Japan (1.8K units)
Denmark (1.0K units)
Brazil (0.8K units)
Switzerland (0.5K units)
South Korea (0.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the food manufacture machinery market in China. 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 28931770 - Machinery for the preparation or manufacture of food or drink, n .e.c.

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023