Price for Milking Machines and Dairy Machinery in Thailand - 2023
Contents:
- Price for Milking Machines and Dairy Machinery in Thailand (CIF) - 2022
- Price for Milking Machines and Dairy Machinery in Thailand (FOB) - 2022
- Imports of Milking Machines and Dairy Machinery in Thailand
- Exports of Milking Machines and Dairy Machinery in Thailand
Price for Milking Machines and Dairy Machinery in Thailand (CIF) - 2022
The average import price for milking machines and dairy machineries stood at $4,149 per unit in 2022, flattening at the previous year. Overall, the import price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 28% against the previous year. Over the period under review, average import prices reached the maximum at $5,924 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 Sweden ($9,804 per unit), while the price for Turkey ($3,455 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Milking Machines and Dairy Machinery in Thailand (FOB) - 2022
In 2022, the average export price for milking machines and dairy machineries amounted to $2,919 per unit, reducing by -40.1% against the previous year. Over the period under review, the export price saw a perceptible shrinkage. The growth pace was the most rapid in 2021 when the average export price increased by 58%. Over the period under review, the average export prices hit record highs at $5,695 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Myanmar ($4,875 per unit), while the average price for exports to Japan ($1,351 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 Vietnam (+38.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Milking Machines and Dairy Machinery in Thailand
In 2022, approx. 646 units of milking machines and dairy machineries were imported into Thailand; picking up by 33% on the year before. The total import volume increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 skyrocketed to $2.7M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 55% against the previous year. As a result, imports attained the peak of $3.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Milking Machines and Dairy Machinery in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 366 | 313 | 1,073 | 1,997 | 76.0% |
| Italy | 546 | 901 | 359 | 267 | -21.2% |
| Sweden | 140 | 516 | 48.4 | 92.9 | -12.8% |
| United States | 1.4 | 25.1 | 4.4 | 86.2 | 294.9% |
| Turkey | 328 | 206 | 32.0 | 69.5 | -40.4% |
| Malaysia | N/A | N/A | N/A | 63.7 | 0% |
| India | 34.7 | 23.2 | N/A | 11.5 | -30.8% |
| Japan | 298 | 6.2 | 81.6 | 1.9 | -81.5% |
| Others | 318 | 1,150 | 396 | 91.8 | -33.9% |
| Total | 2,032 | 3,139 | 1,995 | 2,681 | 9.7% |
Top Suppliers of Milking Machines and Dairy Machinery to Thailand in 2022:
- China (493.0 units)
- Italy (76.0 units)
- Turkey (20.0 units)
- Malaysia (15.0 units)
- United States (11.0 units)
- Sweden (9.0 units)
- India (4.0 units)
- Japan (1.0 units)
Exports of Milking Machines and Dairy Machinery in Thailand
In 2022, overseas shipments of milking machines and dairy machineries decreased by -4.8% to 237 units, falling for the second year in a row after two years of growth. In general, exports continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 97%. As a result, the exports attained the peak of 538 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, milking machines and dairy machinery exports fell rapidly to $692K in 2022. Over the period under review, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2020 when exports increased by 33%. As a result, the exports reached the peak of $1.7M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Milking Machines and Dairy Machinery in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 675 | 517 | N/A | 371 | -18.1% |
| Malaysia | N/A | N/A | 354 | 142 | -59.9% |
| Philippines | 14.8 | 132 | 362 | 133 | 107.9% |
| Japan | N/A | N/A | 0.1 | 46.5 | 46400.0% |
| Sweden | N/A | 132 | N/A | N/A | 0% |
| Denmark | 473 | 744 | N/A | N/A | 57.3% |
| Bangladesh | 43.9 | N/A | 258 | N/A | 142.4% |
| Others | 35.4 | 133 | 240 | 0.1 | -85.9% |
| Total | 1,242 | 1,658 | 1,214 | 692 | -17.7% |
Top Export Markets for Milking Machines and Dairy Machinery from Thailand in 2022:
- Myanmar (76.0 units)
- Philippines (66.0 units)
- Malaysia (60.0 units)
- Japan (34.0 units)
403
This report provides an in-depth analysis of the milking machine market in Thailand.
386
This report provides an in-depth analysis of the dairy machinery market in Thailand.
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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.
403
This report provides an in-depth analysis of the milking machine market in Thailand.
386
This report provides an in-depth analysis of the dairy machinery market in Thailand.
1181
This report provides an in-depth analysis of the global milking machine market.
571
This report provides an in-depth analysis of the global dairy machinery market.
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In 2016, the global milking machine imports totaled X tons, standing approx. at the previous year figure. Overall, milking machine imports continue to indicate a relatively flat trend pattern. The...
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In 2016, the global milking machine imports totaled X tons, standing approx. at the previous year figure. Overall, milking machine imports continue to indicate a relatively flat trend pattern. The...
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With more than twenty billion gallons produced in the U.S. alone, milk is a huge world-wide business. It is widely known that cows must be milked twice each day to stay healthy and happy, and, historically, farmers have planned around this routine. How
