Price for Milking Machines and Dairy Machinery in Canada - 2023

Contents:

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

Price for Milking Machines and Dairy Machinery in Canada (CIF) - 2022

In 2022, the average import price for milking machines and dairy machineries amounted to $6,373 per unit, reducing by -1.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2021 an increase of 9.7% against the previous year. As a result, import price reached the peak level of $6,483 per unit, and then fell 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 ($6,614 per unit) and Germany ($6,502 per unit), while the price for Sweden ($6,249 per unit) and the United States ($6,313 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for milking machines and dairy machineries stood at $6,683 per unit in 2022, dropping by -12.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 12%. As a result, the export price attained the peak level of $7,672 per unit, and then declined in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($7,077 per unit) and Japan ($7,064 per unit), while the average price for exports to China ($6,129 per unit) and the United States ($6,752 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 United States (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Milking Machines and Dairy Machinery in Canada

In 2022, supplies from abroad of milking machines and dairy machineries was finally on the rise to reach 12K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt curtailment. Imports peaked at 23K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, milking machines and dairy machinery imports expanded to $78M in 2022. Over the period under review, imports, however, recorded a abrupt decrease. Over the period under review, imports attained the peak figure at $133M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Milking Machines and Dairy Machinery in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States76.940.340.642.3-18.1%
Germany6.27.75.89.916.9%
Sweden14.07.79.88.3-16.0%
Netherlands13.410.46.54.3-31.5%
United Kingdom2.31.82.02.75.5%
Italy2.53.32.51.5-15.7%
France8.91.21.81.4-46.0%
Others9.25.97.67.7-5.8%
Total13378.276.678.2-16.2%

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

  1. United States (6.7K units)
  2. Germany (1.5K units)
  3. Sweden (1.3K units)
  4. Netherlands (0.7K units)
  5. United Kingdom (0.4K units)
  6. Italy (0.2K units)
  7. France (0.2K units)

Exports of Milking Machines and Dairy Machinery in Canada

In 2022, milking machines and dairy machinery exports from Canada soared to 2K units, with an increase of 43% compared with the previous year's figure. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 45%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, milking machines and dairy machinery exports soared to $14M in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 62% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Export of Milking Machines and Dairy Machinery in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.54.88.99.821.2%
ChinaN/A0.30.52.1164.6%
Japan0.41.11.31.244.2%
NetherlandsN/A0.1N/A0.373.2%
Others0.50.50.30.3-15.7%
Total6.46.811.013.728.9%

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

  1. United States (1458.0 units)
  2. China (347.0 units)
  3. Japan (163.0 units)
  4. Netherlands (39.0 units)

Source: IndexBox Market Intelligence Platform

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