Price for Milking Machines and Dairy Machinery in Saudi Arabia - 2021
Contents:
- Price for Milking Machines and Dairy Machinery in Saudi Arabia (FOB) - 2022
- Exports of Milking Machines and Dairy Machinery in Saudi Arabia
Price for Milking Machines and Dairy Machinery in Saudi Arabia (FOB) - 2022
The average export price for milking machines and dairy machineries stood at $1,685 per unit in 2022, declining by -17.3% against the previous year. In general, the export price, however, continues to indicate tangible growth. The growth pace was the most rapid in 2021 an increase of 67% against the previous year. Over the period under review, the average export prices hit record highs at $2,481 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($2,460 per unit), while the average price for exports to the United States ($70 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 Morocco (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Milking Machines and Dairy Machinery in Saudi Arabia
After three years of growth, shipments abroad of milking machines and dairy machineries decreased by -12.3% to 285 units in 2022. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 3,400% against the previous year. The exports peaked at 325 units in 2021, and then shrank in the following year.
In value terms, milking machines and dairy machinery exports contracted rapidly to $480K in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 4,730% against the previous year. The exports peaked at $662K in 2021, and then fell dramatically in the following year.
| Export of Milking Machines and Dairy Machinery in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 1.5 | 48.9 | 290 | 188 | 400.4% |
| Turkey | 0.1 | 44.2 | 135 | 87.4 | 856.1% |
| Denmark | 0.8 | 46.0 | 88.9 | 68.8 | 341.4% |
| United Arab Emirates | 0.7 | 31.5 | 44.2 | 32.1 | 257.9% |
| Netherlands | N/A | 0.2 | 0.3 | 30.4 | 1132.9% |
| United States | 0.3 | 8.3 | 4.4 | 8.9 | 209.6% |
| Egypt | 0.2 | 2.5 | 6.7 | 5.8 | 207.2% |
| United Kingdom | N/A | 72.7 | N/A | N/A | 0% |
| Jordan | N/A | 2.7 | 1.1 | N/A | -59.3% |
| Afghanistan | N/A | 12.0 | N/A | N/A | 0% |
| Others | 2.5 | 29.2 | 91.6 | 58.9 | 186.7% |
| Total | 6.2 | 298 | 662 | 480 | 326.2% |
Top Export Markets for Milking Machines and Dairy Machinery from Saudi Arabia in 2022:
- Netherlands (405.0 units)
- Bahrain (233.0 units)
- Turkey (142.0 units)
- United States (127.0 units)
- Denmark (102.0 units)
- United Arab Emirates (92.0 units)
- Egypt (41.0 units)
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This report provides an in-depth analysis of the milking machine market in Saudi Arabia.
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This report provides an in-depth analysis of the dairy machinery market in Saudi Arabia.
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This report provides an in-depth analysis of the global milking machine market.
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