Price for Milking Machines and Dairy Machinery in the United States - 2023
Contents:
- Price for Milking Machines and Dairy Machinery in the United States (FOB) - 2022
- Price for Milking Machines and Dairy Machinery in the United States (CIF) - 2022
- Exports of Milking Machines and Dairy Machinery in the United States
- Imports of Milking Machines and Dairy Machinery in the United States
Price for Milking Machines and Dairy Machinery in the United States (FOB) - 2022
In 2022, the average export price for milking machines and dairy machineries amounted to $7,103 per unit, surging by 6.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2018 an increase of 9.4% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($28,952 per unit), while the average price for exports to Namibia ($3,567 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 Denmark (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Milking Machines and Dairy Machinery in the United States (CIF) - 2022
In 2022, the average import price for milking machines and dairy machineries amounted to $15,880 per unit, falling by -28.4% against the previous year. Over the period under review, the import price, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 108%. As a result, import price attained the peak level of $22,164 per unit, and then dropped dramatically in the following year.
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 New Zealand ($48,955 per unit), while the price for Cyprus ($195 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Milking Machines and Dairy Machinery in the United States
In 2022, approx. 19K units of milking machines and dairy machineries were exported from the United States; with a decrease of -6.8% against 2021. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 3.1%. The exports peaked at 27K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, milking machines and dairy machinery exports declined slightly to $132M in 2022. In general, exports continue to indicate a drastic downturn. The exports peaked at $176M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Milking Machines and Dairy Machinery in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 99.7 | 56.3 | 55.3 | 54.0 | -18.5% |
Germany | 7.1 | 7.8 | 14.2 | 14.0 | 25.4% |
Denmark | 12.4 | 11.3 | 11.2 | 13.3 | 2.4% |
China | 5.5 | 12.2 | 16.1 | 12.9 | 32.9% |
Mexico | 5.6 | 4.8 | 3.8 | 7.2 | 8.7% |
Japan | 6.4 | 5.9 | 6.6 | 6.9 | 2.5% |
Chile | 0.6 | 0.7 | 0.7 | 2.5 | 60.9% |
Australia | 1.8 | 3.9 | 1.5 | 1.8 | 0.0% |
Namibia | N/A | N/A | N/A | 1.0 | 0% |
Belgium | 3.8 | 6.4 | 0.4 | N/A | -67.6% |
Others | 33.3 | 25.8 | 23.2 | 18.7 | -17.5% |
Total | 176 | 135 | 133 | 132 | -9.1% |
Top Export Markets for Milking Machines and Dairy Machinery from the United States in 2022:
- Belgium (undefinedK units)
- Canada (12.0K units)
- Germany (2.2K units)
- Denmark (0.5K units)
- China (0.5K units)
- Chile (0.4K units)
- Australia (0.3K units)
- Mexico (0.3K units)
- Japan (0.3K units)
- Namibia (0.3K units)
Imports of Milking Machines and Dairy Machinery in the United States
In 2022, purchases abroad of milking machines and dairy machineries was finally on the rise to reach 7.7K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a sharp slump. Imports peaked at 18K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, milking machines and dairy machinery imports soared to $122M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Milking Machines and Dairy Machinery in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 21.5 | 20.6 | 17.4 | 22.4 | 1.4% |
Israel | 14.6 | 9.3 | 9.4 | 13.4 | -2.8% |
Germany | 11.0 | 19.9 | 9.3 | 11.1 | 0.3% |
New Zealand | 9.5 | 14.5 | 11.5 | 11.0 | 5.0% |
United Kingdom | 2.2 | 1.3 | 2.5 | 8.3 | 55.7% |
Italy | 8.8 | 6.4 | 5.6 | 8.1 | -2.7% |
Sweden | 8.7 | 6.9 | 5.8 | 7.6 | -4.4% |
Denmark | 1.5 | 3.8 | 2.2 | 6.0 | 58.7% |
China | 3.7 | 3.3 | 5.1 | 4.2 | 4.3% |
Mexico | 4.4 | 3.0 | 3.1 | 2.5 | -17.2% |
Ireland | 0.7 | 1.5 | 1.3 | 2.3 | 48.7% |
Cyprus | N/A | N/A | N/A | 0.7 | 0% |
Latvia | N/A | N/A | N/A | 0.1 | 0% |
Others | 16.4 | 14.4 | 20.4 | 24.5 | 14.3% |
Total | 103 | 105 | 93.5 | 122 | 5.8% |
Top Suppliers of Milking Machines and Dairy Machinery to the United States in 2022:
- Cyprus (3398.0 units)
- Netherlands (1712.0 units)
- Israel (278.0 units)
- Germany (236.0 units)
- Latvia (226.0 units)
- New Zealand (225.0 units)
- Ireland (179.0 units)
- United Kingdom (170.0 units)
- Italy (168.0 units)
- Sweden (163.0 units)
- Denmark (123.0 units)
- China (86.0 units)
- Mexico (51.0 units)
This report provides an in-depth analysis of the milking machine market in the U.S..
This report provides an in-depth analysis of the dairy machinery market in the U.S..
This report provides an in-depth analysis of the global milking machine market.
This report provides an in-depth analysis of the global dairy machinery market.
This report provides an in-depth analysis of the milking machine market in the U.S..
This report provides an in-depth analysis of the dairy machinery market in the U.S..
This report provides an in-depth analysis of the global milking machine market.
This report provides an in-depth analysis of the global dairy machinery market.
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