Canada - Milking Machines - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Canada - Milking Machines - Market Analysis, Forecast, Size, Trends and Insights

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Milking Machine Price in Canada - 2023

Contents:

  1. Milking Machine Price in Canada (CIF) - 2022
  2. Milking Machine Price in Canada (FOB) - 2022
  3. Milking Machine Imports in Canada
  4. Milking Machine Exports in Canada

Milking Machine Price in Canada (CIF) - 2022

In 2022, the average milking machine import price amounted to $3,549 per unit, dropping by -2.5% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, milking machine import price increased by +55.3% against 2012 indices. The growth pace was the most rapid in 2021 an increase of 13% against the previous year. As a result, import price reached the peak level of $3,641 per unit, and then dropped modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($3,549 per unit) and Sweden ($3,549 per unit), while the price for the UK ($3,549 per unit) and the United States ($3,549 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Milking Machine Price in Canada (FOB) - 2022

In 2022, the average milking machine export price amounted to $4,011 per unit, shrinking by -8.9% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, milking machine export price increased by +68.9% against 2017 indices. The growth pace was the most rapid in 2015 when the average export price increased by 46%. Over the period under review, the average export prices hit record highs at $4,405 per unit in 2021, and then shrank in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Argentina ($4,011 per unit) and Japan ($4,011 per unit), while the average price for exports to the United States ($4,011 per unit) and the Netherlands ($4,011 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Milking Machine Imports in Canada

In 2022, overseas purchases of milking machines increased by 3.2% to 8.4K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt setback. Over the period under review, imports reached the peak figure at 15K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, milking machine imports stood at $30M in 2022. Overall, imports, however, faced a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 6.9%. Imports peaked at $48M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Milking Machine in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States32.620.220.522.2-12.0%
Sweden9.35.37.26.6-10.8%
United Kingdom0.70.50.80.5-10.6%
Netherlands3.41.30.30.1-69.1%
Others2.50.40.70.4-45.7%
Total48.527.629.529.7-15.1%

Top Suppliers of Milking Machine to Canada in 2022:

  1. Netherlands (undefinedK units)
  2. United States (6.2K units)
  3. Sweden (1.9K units)
  4. United Kingdom (0.1K units)

Milking Machine Exports in Canada

Milking machine exports from Canada surged to 550 units in 2022, picking up by 41% compared with the previous year's figure. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at 575 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, milking machine exports soared to $2.2M in 2022. The total export value increased at an average annual rate of +14.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 35%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Milking Machine in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,2371,0701,582928-9.1%
Japan2439120.189054.1%
NetherlandsN/AN/AN/A2300%
ArgentinaN/AN/AN/A1370%
OthersN/A20.014020.92.2%
Total1,4802,0021,7222,20514.2%

Top Export Markets for Milking Machine from Canada in 2022:

  1. United States (231.0 units)
  2. Japan (222.0 units)
  3. Netherlands (57.0 units)
  4. Argentina (34.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the milking machine market in Canada. 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 28308200 - Milking machines

Country coverage:

  • Canada

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 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
  12. 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
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Free Data: Milking Machines - Canada