Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in China - 2024

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in China (FOB) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in China (CIF) - 2022
3. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in China
4. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in China

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in China (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $248 per unit, reducing by -2% against the previous year. Over the period under review, the export price saw a perceptible downturn. The pace of growth was the most pronounced in 2016 an increase of 72% against the previous year. As a result, the export price reached the peak level of $783 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($736 per unit), while the average price for exports to the UK ($83 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in China (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $662 per unit in 2022, therefore, remained relatively stable against the previous year. Overall, the import price continues to indicate a sharp descent. The pace of growth appeared the most rapid in 2019 an increase of 670% against the previous year. The import price peaked at $8,550 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($906 per unit), while the price for Chile stood at $540 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+77.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in China

In 2022, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses from China stood at 12K units, picking up by 5.1% on 2021. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +8.0% 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 +67.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 60%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses totaled $3M in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from China in 2022:

1. United States (6303.0 units)
2. Poland (1246.0 units)
3. Switzerland (737.0 units)
4. Chile (477.0 units)
5. Israel (411.0 units)
6. Thailand (369.0 units)
7. Egypt (307.0 units)
8. South Africa (235.0 units)
9. United Arab Emirates (199.0 units)
10. Tanzania (186.0 units)
11. Kazakhstan (82.0 units)
12. Spain (72.0 units)
13. United Kingdom (6.0 units)

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in China

For the third consecutive year, China recorded decline in supplies from abroad of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses, which decreased by 0% to 3 units in 2022. Over the period under review, imports recorded a dramatic slump. The smallest decline of -99% was in 2020. Over the period under review, imports of attained the maximum at 195 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $2K in 2022. In general, imports saw a significant decrease. The smallest decline of -98.2% was in 2020. Imports peaked at $938K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to China in 2022:

1. Chile (2.0 units)
2. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform