Price for Milking Machines and Dairy Machinery in Chile - 2023

Contents:

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

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

The average import price for milking machines and dairy machineries stood at $2,619 per unit in 2022, shrinking by -61.5% against the previous year. Overall, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 32% against the previous year. The import price peaked at $6,794 per unit in 2021, and then fell dramatically in the following year.

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 Italy ($7,333 per unit), while the price for Brazil ($3,991 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for milking machines and dairy machineries amounted to $6,195 per unit, declining by -59.4% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 1,881%. As a result, the export price attained the peak level of $54,738 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($6,964 per unit), while the average price for exports to Brazil ($6,129 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 (+42.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Milking Machines and Dairy Machinery in Chile

In 2022, approx. 3.7K units of milking machines and dairy machineries were imported into Chile; increasing by 196% on 2021. In general, imports enjoyed a significant 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 amounted to $9.6M in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. As a result, imports attained the peak of $10M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Milking Machines and Dairy Machinery in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden7721,2321,0562,80553.7%
Denmark7397724422,63052.7%
Germany8551,5692,3711,1189.4%
United States4715284096058.7%
China12914429939945.7%
Italy857155640340-26.5%
Turkey59.874.526618545.7%
Netherlands65.023135817238.3%
France2,8391,388200169-61.0%
Spain2671,279157156-16.4%
Brazil64.079.310814932.5%
Mexico15659089632.1-41.0%
Others1,1352,1471,228857-8.9%
Total8,40710,1888,4299,6174.6%

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

  1. Sweden (439.0 units)
  2. Denmark (387.0 units)
  3. Germany (163.0 units)
  4. United States (105.0 units)
  5. China (64.0 units)
  6. Italy (46.0 units)
  7. Turkey (45.0 units)
  8. Brazil (37.0 units)
  9. Netherlands (25.0 units)
  10. Spain (25.0 units)
  11. France (18.0 units)
  12. Mexico (4.0 units)

Exports of Milking Machines and Dairy Machinery in Chile

In 2022, approx. 26 units of milking machines and dairy machineries were exported from Chile; increasing by 550% on the previous year's figure. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, milking machines and dairy machinery exports surged to $160K in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 260% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Milking Machines and Dairy Machinery in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/AN/A1460%
Argentina5.8N/A17.112.930.5%
Paraguay3.48.70.91.2-29.3%
Peru0.47.8N/AN/A1850.0%
SwedenN/AN/A37.3N/A0%
Bolivia0.10.44.1N/A540.3%
OthersN/AN/A1.6N/A0%
Total9.817.061.1160153.7%

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

  1. Brazil (24.0 units)
  2. Argentina (2.0 units)

Source: IndexBox Market Intelligence Platform

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