Price for Milking Machines and Dairy Machinery in Australia - 2023

Contents:

  1. Price for Milking Machines and Dairy Machinery in Australia (CIF) - 2023
  2. Price for Milking Machines and Dairy Machinery in Australia (FOB) - 2022
  3. Imports of Milking Machines and Dairy Machinery in Australia
  4. Exports of Milking Machines and Dairy Machinery in Australia

Price for Milking Machines and Dairy Machinery in Australia (CIF) - 2023

The average import price for milking machines and dairy machineries stood at $104 per unit in September 2023, with a decrease of -72.9% against the previous month. Overall, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in January 2023 when the average import price increased by 208% m-o-m. The import price peaked at $656 per unit in June 2023; however, from July 2023 to September 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Malaysia ($44.7 per unit) and Sweden ($44.7 per unit), while the price for China ($44.7 per unit) and the UK ($44.7 per unit) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Milking Machines and Dairy Machinery in Australia (FOB) - 2022

The average export price for milking machines and dairy machineries stood at $6,781 per unit in 2022, picking up by 46% against the previous year. Over the period under review, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 291%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,615 per unit), while the average price for exports to Uruguay ($1,728 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 Germany (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Milking Machines and Dairy Machinery in Australia

In 2022, imports of milking machines and dairy machineries into Australia soared to 3.7K units, rising by 70% against 2021 figures. In general, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, milking machines and dairy machinery imports skyrocketed to $24M in 2022. Overall, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Milking Machines and Dairy Machinery in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand8.73.85.06.3-10.2%
Germany0.61.11.83.783.4%
Italy1.61.71.82.719.1%
Netherlands1.91.01.42.36.6%
China0.20.40.51.6100.0%
United Kingdom0.60.30.61.535.7%
Sweden0.70.31.01.219.7%
United States0.70.70.61.012.6%
Denmark0.50.20.10.3-15.7%
Others1.21.82.53.238.7%
Total16.711.115.223.912.7%

Top Suppliers of Milking Machines and Dairy Machinery to Australia in 2022:

  1. New Zealand (973.0 units)
  2. Germany (585.0 units)
  3. Italy (438.0 units)
  4. Netherlands (371.0 units)
  5. China (237.0 units)
  6. United Kingdom (229.0 units)
  7. Sweden (193.0 units)
  8. United States (153.0 units)
  9. Denmark (49.0 units)

Exports of Milking Machines and Dairy Machinery in Australia

In 2022, exports of milking machines and dairy machineries from Australia declined markedly to 919 units, waning by -61.7% compared with the year before. Overall, exports faced a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 68%. As a result, the exports reached the peak of 2.4K units, and then fell dramatically in the following year.

In value terms, milking machines and dairy machinery exports shrank notably to $6.2M in 2022. Over the period under review, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. As a result, the exports attained the peak of $11M, and then plummeted in the following year.

Export of Milking Machines and Dairy Machinery in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21489398694564.1%
Saudi Arabia17693.018978864.8%
Germany1,5151,6681,917735-21.4%
United States1,060777717707-12.6%
New Zealand1,8001,7252,288624-29.8%
United Kingdom70698.756.1439-14.6%
India11.712.3232419229.6%
France596426277304-20.1%
Spain68972.4303107-46.2%
Philippines1,2561.747.6105-56.3%
UruguayN/A5.91.988.4287.1%
Belgium17529.82,469N/A275.6%
Malaysia518958N/AN/A84.9%
Others2,1232,9121,654969-23.0%
Total10,8399,67411,1376,230-16.9%

Top Export Markets for Milking Machines and Dairy Machinery from Australia in 2022:

  1. China (133.0 units)
  2. Saudi Arabia (112.0 units)
  3. Germany (101.0 units)
  4. United States (93.0 units)
  5. New Zealand (83.0 units)
  6. United Kingdom (69.0 units)
  7. India (67.0 units)
  8. Uruguay (51.0 units)
  9. France (44.0 units)
  10. Spain (15.0 units)
  11. Philippines (14.0 units)

Source: IndexBox Market Intelligence Platform

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