Price for Milking Machines and Dairy Machinery in China - 2023
Contents:
- Price for Milking Machines and Dairy Machinery in China (CIF) - 2022
- Price for Milking Machines and Dairy Machinery in China (FOB) - 2022
- Imports of Milking Machines and Dairy Machinery in China
- Exports of Milking Machines and Dairy Machinery in China
Price for Milking Machines and Dairy Machinery in China (CIF) - 2022
In 2022, the average import price for milking machines and dairy machineries amounted to $5,604 per unit, picking up by 7.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2019 an increase of 18% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 ($66,930 per unit), while the price for Australia ($1,214 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+26.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Milking Machines and Dairy Machinery in China (FOB) - 2022
The average export price for milking machines and dairy machineries stood at $1,851 per unit in 2022, waning by -7.4% against the previous year. Over the period under review, the export price showed a noticeable reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 26%. As a result, the export price reached the peak level of $3,750 per unit. From 2014 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 Germany ($3,775 per unit), while the average price for exports to Kazakhstan ($423 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 Denmark (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Milking Machines and Dairy Machinery in China
In 2022, after three years of growth, there was significant decline in purchases abroad of milking machines and dairy machineries, when their volume decreased by -31.4% to 8.3K units. Overall, imports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of 91%. Imports peaked at 12K units in 2021, and then fell notably in the following year.
In value terms, milking machines and dairy machinery imports fell notably to $47M in 2022. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 66%. Imports peaked at $63M in 2021, and then shrank sharply in the following year.
Import of Milking Machines and Dairy Machinery in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.8 | 10.7 | 14.7 | 11.0 | 42.5% |
Sweden | 7.3 | 10.6 | 13.3 | 8.0 | 3.1% |
United States | 1.1 | 5.9 | 8.2 | 6.3 | 78.9% |
New Zealand | 2.3 | 6.7 | 3.4 | 5.4 | 32.9% |
Netherlands | 1.2 | 3.8 | 9.2 | 4.4 | 54.2% |
Australia | 0.2 | 0.7 | 2.3 | 1.1 | 76.5% |
Ireland | 1.0 | 1.3 | 0.8 | 0.5 | -20.6% |
France | 4.2 | 0.9 | 0.3 | 0.4 | -54.3% |
Others | 5.7 | 4.2 | 11.2 | 9.5 | 18.6% |
Total | 26.8 | 44.6 | 63.3 | 46.6 | 20.2% |
Top Suppliers of Milking Machines and Dairy Machinery to China in 2022:
- Sweden (1864.0 units)
- Netherlands (1762.0 units)
- New Zealand (1321.0 units)
- Australia (913.0 units)
- Germany (619.0 units)
- United States (595.0 units)
- Ireland (298.0 units)
- France (237.0 units)
Exports of Milking Machines and Dairy Machinery in China
In 2022, the amount of milking machines and dairy machineries exported from China soared to 31K units, growing by 34% compared with the year before. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, milking machines and dairy machinery exports surged to $58M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
Export of Milking Machines and Dairy Machinery in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 2.1 | 2.0 | 4.3 | 8.0 | 56.2% |
Germany | 7.9 | 6.7 | 7.3 | 7.5 | -1.7% |
United States | 2.9 | 4.2 | 4.4 | 4.7 | 17.5% |
Netherlands | 1.3 | 1.6 | 2.6 | 3.4 | 37.8% |
Italy | 1.4 | 1.0 | 1.8 | 2.6 | 22.9% |
Poland | 1.1 | 1.3 | 1.6 | 2.3 | 27.9% |
Russia | 1.6 | 1.7 | 1.6 | 1.7 | 2.0% |
France | 1.1 | 0.8 | 1.1 | 1.5 | 10.9% |
United Kingdom | 0.6 | 0.4 | 0.7 | 1.5 | 35.7% |
Australia | 0.3 | 0.4 | 0.3 | 1.1 | 54.2% |
Canada | 0.2 | 0.2 | 0.8 | 0.9 | 65.1% |
India | 1.2 | 0.9 | 0.5 | 0.7 | -16.4% |
Kazakhstan | 0.5 | 0.8 | 0.5 | 0.6 | 6.3% |
Others | 18.4 | 15.4 | 18.8 | 21.3 | 5.0% |
Total | 40.4 | 37.3 | 46.4 | 57.6 | 12.6% |
Top Export Markets for Milking Machines and Dairy Machinery from China in 2022:
- United States (3.8K units)
- Russia (2.8K units)
- Denmark (2.4K units)
- Italy (2.1K units)
- Germany (2.0K units)
- Kazakhstan (1.5K units)
- India (1.2K units)
- Poland (1.1K units)
- Netherlands (0.9K units)
- France (0.8K units)
- Australia (0.8K units)
- United Kingdom (0.7K units)
- Canada (0.6K units)
This report provides an in-depth analysis of the milking machine market in China.
This report provides an in-depth analysis of the dairy machinery market in China.
This report provides an in-depth analysis of the global milking machine market.
This report provides an in-depth analysis of the global dairy machinery market.
This report provides an in-depth analysis of the milking machine market in China.
This report provides an in-depth analysis of the dairy machinery market in China.
This report provides an in-depth analysis of the global milking machine market.
This report provides an in-depth analysis of the global dairy machinery market.
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