Price for Milking Machines and Dairy Machinery in New Zealand - 2023
Contents:
- Price for Milking Machines and Dairy Machinery in New Zealand (FOB) - 2022
- Price for Milking Machines and Dairy Machinery in New Zealand (CIF) - 2023
- Exports of Milking Machines and Dairy Machinery in New Zealand
- Imports of Milking Machines and Dairy Machinery in New Zealand
Price for Milking Machines and Dairy Machinery in New Zealand (FOB) - 2022
The average export price for milking machines and dairy machineries stood at $7,299 per unit in 2022, increasing by 3.3% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, milking machines and dairy machinery export price increased by +88.5% against 2012 indices. The pace of growth appeared the most rapid in 2015 when the average export price increased by 17%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were South Africa ($7,708 per unit) and Brazil ($7,708 per unit), while the average price for exports to Singapore ($6,213 per unit) and Chile ($6,383 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 UK (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Milking Machines and Dairy Machinery in New Zealand (CIF) - 2023
In September 2023, the average import price for milking machines and dairy machineries amounted to $57.0 per unit, growing by 13% against the previous month. In general, the import price, however, showed a deep contraction. The most prominent rate of growth was recorded in May 2023 an increase of 317% m-o-m. As a result, import price attained the peak level of $204 per unit. From June 2023 to September 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the countries with the highest prices were Sweden ($44.7 per unit) and Australia ($44.7 per unit), while the price for China ($44.7 per unit) and the UK ($44.7 per unit) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Sweden (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Milking Machines and Dairy Machinery in New Zealand
In 2022, milking machines and dairy machinery exports from New Zealand surged to 10K units, growing by 28% against 2021 figures. The total export volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 $75M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.1% 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 +47.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Milking Machines and Dairy Machinery in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 9.5 | 7.2 | 10.9 | 22.4 | 33.1% |
| United States | 10.8 | 8.3 | 13.4 | 10.1 | -2.2% |
| China | 3.2 | 8.4 | 8.8 | 9.7 | 44.7% |
| United Kingdom | 5.5 | 5.0 | 3.3 | 7.6 | 11.4% |
| Ireland | 7.2 | 2.6 | 7.4 | 6.8 | -1.9% |
| Germany | 1.5 | 0.9 | 3.1 | 3.7 | 35.1% |
| Sweden | 4.2 | 2.9 | 1.2 | 1.9 | -23.2% |
| Singapore | 0.6 | 1.0 | 0.1 | 1.5 | 35.7% |
| Brazil | 1.4 | 0.1 | N/A | 1.4 | 0.0% |
| South Africa | 0.7 | 3.2 | 0.9 | 1.3 | 22.9% |
| Chile | 0.1 | 0.1 | 0.2 | 1.3 | 135.1% |
| Denmark | 1.9 | 3.9 | 0.4 | 0.4 | -40.5% |
| Others | 6.8 | 7.5 | 7.2 | 7.1 | 1.4% |
| Total | 53.4 | 50.9 | 57.0 | 75.2 | 12.1% |
Top Export Markets for Milking Machines and Dairy Machinery from New Zealand in 2022:
- Australia (2979.0 units)
- United States (1439.0 units)
- China (1336.0 units)
- United Kingdom (1007.0 units)
- Ireland (964.0 units)
- Germany (486.0 units)
- Sweden (252.0 units)
- Singapore (237.0 units)
- Chile (207.0 units)
- Brazil (177.0 units)
- South Africa (169.0 units)
- Denmark (53.0 units)
Imports of Milking Machines and Dairy Machinery in New Zealand
In 2022, purchases abroad of milking machines and dairy machineries was finally on the rise to reach 3.4K units for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, milking machines and dairy machinery imports soared to $22M in 2022. The total import value increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Milking Machines and Dairy Machinery in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.1 | 2.2 | 1.7 | 4.3 | 57.5% |
| Sweden | 1.6 | 2.7 | 3.7 | 3.1 | 24.7% |
| Denmark | 2.2 | 1.6 | 1.5 | 3.0 | 10.9% |
| Germany | 1.4 | 1.2 | 1.5 | 2.5 | 21.3% |
| Netherlands | 1.4 | 1.2 | 0.5 | 1.4 | 0.0% |
| Israel | 0.5 | 0.7 | 1.0 | 1.3 | 37.5% |
| United States | 1.1 | 2.8 | 1.5 | 1.0 | -3.1% |
| United Kingdom | 0.5 | 0.6 | 1.0 | 0.9 | 21.6% |
| Australia | 1.1 | 1.4 | 0.9 | 0.8 | -10.1% |
| Poland | 0.8 | 0.4 | 1.1 | 0.7 | -4.4% |
| Italy | 0.6 | 0.3 | 0.4 | 0.5 | -5.9% |
| Ireland | 0.5 | 0.7 | 0.2 | 0.5 | 0.0% |
| France | 0.1 | 0.3 | N/A | 0.3 | 44.2% |
| Others | 3.8 | 0.5 | 1.0 | 0.9 | -38.1% |
| Total | 16.5 | 16.6 | 15.7 | 21.5 | 9.2% |
Top Suppliers of Milking Machines and Dairy Machinery to New Zealand in 2022:
- China (681.0 units)
- Denmark (488.0 units)
- Sweden (476.0 units)
- Germany (386.0 units)
- Netherlands (220.0 units)
- Israel (210.0 units)
- United States (158.0 units)
- United Kingdom (142.0 units)
- Australia (126.0 units)
- Poland (113.0 units)
- Ireland (75.0 units)
- Italy (74.0 units)
- France (54.0 units)
235
This report provides an in-depth analysis of the milking machine market in New Zealand.
274
This report provides an in-depth analysis of the dairy machinery market in New Zealand.
1189
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.
235
This report provides an in-depth analysis of the milking machine market in New Zealand.
274
This report provides an in-depth analysis of the dairy machinery market in New Zealand.
1189
This report provides an in-depth analysis of the global milking machine market.
581
This report provides an in-depth analysis of the global dairy machinery market.
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