Price for Milking Machines and Dairy Machinery in Ecuador - 2022
Contents:
- Price for Milking Machines and Dairy Machinery in Ecuador (CIF) - 2022
- Price for Milking Machines and Dairy Machinery in Ecuador (FOB) - 2022
- Imports of Milking Machines and Dairy Machinery in Ecuador
- Exports of Milking Machines and Dairy Machinery in Ecuador
Price for Milking Machines and Dairy Machinery in Ecuador (CIF) - 2022
In 2022, the average import price for milking machines and dairy machineries amounted to $3,195 per unit, shrinking by -3.3% against the previous year. Over the period under review, the import price saw a noticeable slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 36% against the previous year. As a result, import price attained the peak level of $5,812 per unit. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($6,861 per unit), while the price for Turkey ($921 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Milking Machines and Dairy Machinery in Ecuador (FOB) - 2022
In 2022, the average export price for milking machines and dairy machineries amounted to $4,238 per unit, increasing by 7.4% against the previous year. Over the period under review, the export price, however, saw a perceptible contraction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 125% against the previous year. Over the period under review, the average export prices hit record highs at $8,908 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($4,054 per unit), while the average price for exports to Canada amounted to $82 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (-3.9%).
Imports of Milking Machines and Dairy Machinery in Ecuador
In 2022, after three years of growth, there was decline in supplies from abroad of milking machines and dairy machineries, when their volume decreased by -2% to 1.5K units. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.6% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 26% against the previous year. Imports peaked at 1.5K units in 2021, and then contracted slightly in the following year.
In value terms, milking machines and dairy machinery imports shrank to $4.8M in 2022. The total import value increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 29% against the previous year. Over the period under review, imports attained the peak figure at $5.1M in 2021, and then declined in the following year.
| Import of Milking Machines and Dairy Machinery in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 496 | 268 | 475 | 1,078 | 29.5% |
| Colombia | 61.3 | 74.4 | 1,072 | 936 | 148.1% |
| Brazil | 219 | 229 | 417 | 324 | 13.9% |
| United States | 186 | 333 | 246 | 256 | 11.2% |
| Argentina | 401 | 195 | 185 | 254 | -14.1% |
| Bolivia | N/A | N/A | N/A | 212 | 0% |
| Italy | 511 | 969 | 485 | 206 | -26.1% |
| China | 197 | 218 | 336 | 202 | 0.8% |
| Turkey | 79.2 | 207 | 228 | 190 | 33.9% |
| Mexico | 77.7 | 96.7 | 194 | 170 | 29.8% |
| Belgium | 1.2 | 5.7 | 151 | 132 | 379.1% |
| Poland | 114 | 140 | 90.3 | 111 | -0.9% |
| Germany | 502 | 422 | 384 | 56.8 | -51.6% |
| Others | 651 | 1,371 | 790 | 664 | 0.7% |
| Total | 3,497 | 4,528 | 5,054 | 4,791 | 11.1% |
Top Suppliers of Milking Machines and Dairy Machinery to Ecuador in 2022:
- Spain (242.0 units)
- Turkey (206.0 units)
- Brazil (174.0 units)
- Colombia (136.0 units)
- United States (109.0 units)
- Argentina (100.0 units)
- China (95.0 units)
- Bolivia (93.0 units)
- Mexico (72.0 units)
- Poland (64.0 units)
- Belgium (45.0 units)
- Italy (42.0 units)
- Germany (16.0 units)
Exports of Milking Machines and Dairy Machinery in Ecuador
In 2022, exports of milking machines and dairy machineries from Ecuador contracted to 8 units, reducing by -11.1% compared with 2021 figures. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 80%. Over the period under review, the exports reached the maximum at 9 units in 2021, and then dropped in the following year.
In value terms, milking machines and dairy machinery exports dropped modestly to $34K in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.3% 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 +69.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 61%. The exports peaked at $36K in 2021, and then declined modestly in the following year.
| Export of Milking Machines and Dairy Machinery in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 15.5 | 24.9 | 28.9 | 27.9 | 21.6% |
| Canada | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Rwanda | N/A | N/A | N/A | 0.1 | 0% |
| South Africa | N/A | N/A | N/A | N/A | 0% |
| Others | 4.4 | 7.2 | 6.6 | 5.9 | 10.3% |
| Total | 20.0 | 32.3 | 35.6 | 33.9 | 19.2% |
Top Export Markets for Milking Machines and Dairy Machinery from Ecuador in 2022:
- Venezuela (7.0 units)
- Canada (1.0 units)
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This report provides an in-depth analysis of the milking machine market in Ecuador.
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This report provides an in-depth analysis of the dairy machinery market in Ecuador.
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This report provides an in-depth analysis of the global milking machine market.
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This report provides an in-depth analysis of the global dairy machinery market.
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This report provides an in-depth analysis of the milking machine market in Ecuador.
333
This report provides an in-depth analysis of the dairy machinery market in Ecuador.
1205
This report provides an in-depth analysis of the global milking machine market.
595
This report provides an in-depth analysis of the global dairy machinery market.
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