Price for Milking Machines and Dairy Machinery in Italy - 2023

Contents:

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

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

The average export price for milking machines and dairy machineries stood at $6,228 per unit in 2022, dropping by -11.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2019 an increase of 15% against the previous year. Over the period under review, the average export prices hit record highs at $7,025 per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($14,871 per unit), while the average price for exports to Belarus ($2,977 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 Egypt (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In August 2023, the average import price for milking machines and dairy machineries amounted to $7,509 per unit, approximately equating the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 55% month-to-month. Over the period under review, average import prices attained the peak figure at $9,247 per unit in June 2023; afterwards, it flattened through to August 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Israel ($21,702 per unit), while the price for the Czech Republic ($3,473 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Denmark (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Milking Machines and Dairy Machinery in Italy

In 2022, the amount of milking machines and dairy machineries exported from Italy declined to 16K units, reducing by -10.2% on 2021 figures. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 11%. The exports peaked at 20K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, milking machines and dairy machinery exports fell remarkably to $98M in 2022. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. The exports peaked at $135M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Milking Machines and Dairy Machinery in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia8.39.77.510.89.2%
United States9.06.16.17.8-4.7%
France4.73.910.44.4-2.2%
Germany12.09.54.53.8-31.8%
Saudi Arabia0.10.42.63.3220.8%
Chile0.20.50.53.2152.0%
Greece2.33.73.53.110.5%
Egypt0.81.32.32.953.6%
China2.22.73.12.54.4%
Spain2.83.43.62.5-3.7%
United Kingdom2.32.33.22.41.4%
Netherlands8.21.42.22.3-34.5%
Belarus1.15.12.31.510.9%
Others81.353.671.647.7-16.3%
Total13510312398.2-10.1%

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

  1. Russia (1.6K units)
  2. Egypt (0.8K units)
  3. Greece (0.7K units)
  4. France (0.7K units)
  5. Germany (0.7K units)
  6. Chile (0.6K units)
  7. China (0.6K units)
  8. United States (0.5K units)
  9. Saudi Arabia (0.5K units)
  10. Belarus (0.5K units)
  11. United Kingdom (0.5K units)
  12. Netherlands (0.5K units)
  13. Spain (0.5K units)

Imports of Milking Machines and Dairy Machinery in Italy

In 2022, approx. 10K units of milking machines and dairy machineries were imported into Italy; with an increase of 2.5% against the previous year. In general, imports, however, showed a pronounced downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 13%. Imports peaked at 12K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, milking machines and dairy machinery imports shrank slightly to $68M in 2022. Over the period under review, imports, however, recorded a perceptible decline. The pace of growth appeared the most rapid in 2021 when imports increased by 27% against the previous year. Imports peaked at $78M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Milking Machines and Dairy Machinery in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands13.811.513.523.719.8%
Germany18.413.619.113.4-10.0%
Denmark6.710.16.65.4-6.9%
Israel5.45.56.15.2-1.3%
United Kingdom2.02.73.84.026.0%
France1.71.44.13.729.6%
Spain2.30.81.42.1-3.0%
Sweden3.22.23.91.9-16.0%
Czech Republic1.71.82.11.81.9%
Slovakia0.50.11.00.921.6%
Belgium3.40.71.10.6-43.9%
Poland2.20.51.50.5-39.0%
Austria12.70.81.00.4-68.4%
Others3.92.64.04.87.2%
Total78.054.369.168.3-4.3%

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

  1. Netherlands (3469.0 units)
  2. Germany (1901.0 units)
  3. Denmark (1141.0 units)
  4. Czech Republic (704.0 units)
  5. United Kingdom (619.0 units)
  6. France (469.0 units)
  7. Slovakia (347.0 units)
  8. Israel (299.0 units)
  9. Spain (238.0 units)
  10. Sweden (166.0 units)
  11. Belgium (82.0 units)
  12. Poland (53.0 units)
  13. Austria (26.0 units)

Source: IndexBox Market Intelligence Platform

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