Price for Milking Machines and Dairy Machinery in Vietnam - 2022
Contents:
- Price for Milking Machines and Dairy Machinery in Vietnam (CIF) - 2022
- Price for Milking Machines and Dairy Machinery in Vietnam (FOB) - 2022
- Imports of Milking Machines and Dairy Machinery in Vietnam
- Exports of Milking Machines and Dairy Machinery in Vietnam
Price for Milking Machines and Dairy Machinery in Vietnam (CIF) - 2022
In 2022, the average import price for milking machines and dairy machineries amounted to $7,983 per unit, jumping by 23% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($12,637 per unit), while the price for Turkey ($2,427 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Milking Machines and Dairy Machinery in Vietnam (FOB) - 2022
In 2022, the average export price for milking machines and dairy machineries amounted to $7,076 per unit, approximately reflecting the previous year. Overall, the export price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 122% against the previous year. The export price peaked at $7,882 per unit in 2019; however, from 2020 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 Taiwan (Chinese) ($21,037 per unit), while the average price for exports to Germany ($2.2 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 Poland (+120.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Milking Machines and Dairy Machinery in Vietnam
For the third year in a row, Vietnam recorded decline in supplies from abroad of milking machines and dairy machineries, which decreased by -1.8% to 661 units in 2022. In general, imports showed a deep reduction. Imports peaked at 1.1K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, milking machines and dairy machinery imports surged to $5.3M in 2022. Over the period under review, imports recorded a abrupt contraction. Over the period under review, imports hit record highs at $6.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Milking Machines and Dairy Machinery in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 365 | 905 | 844 | 1,229 | 49.9% |
| Switzerland | 8.6 | 23.2 | 63.5 | 869 | 365.8% |
| New Zealand | 228 | 66.6 | 396 | 648 | 41.6% |
| Denmark | 1,437 | 1,858 | 1,019 | 596 | -25.4% |
| Israel | 131 | 154 | 255 | 433 | 49.0% |
| China | 111 | 359 | 38.1 | 242 | 29.7% |
| United States | 1,097 | 137 | 126 | 180 | -45.3% |
| India | 29.9 | 216 | 363 | 173 | 79.5% |
| Sweden | 219 | 295 | 105 | 166 | -8.8% |
| Italy | 976 | 497 | 60.1 | 156 | -45.7% |
| Netherlands | 520 | 813 | 84.2 | 99.0 | -42.5% |
| Finland | 286 | 149 | 48.0 | 75.0 | -36.0% |
| Turkey | 44.2 | 37.5 | 58.7 | 31.7 | -10.5% |
| Others | 952 | 666 | 921 | 380 | -26.4% |
| Total | 6,406 | 6,176 | 4,382 | 5,279 | -6.2% |
Top Suppliers of Milking Machines and Dairy Machinery to Vietnam in 2022:
- Germany (168.0 units)
- Switzerland (87.0 units)
- New Zealand (83.0 units)
- Israel (52.0 units)
- Denmark (47.0 units)
- China (38.0 units)
- India (25.0 units)
- United States (24.0 units)
- Italy (21.0 units)
- Sweden (21.0 units)
- Turkey (13.0 units)
- Netherlands (13.0 units)
- Finland (10.0 units)
Exports of Milking Machines and Dairy Machinery in Vietnam
After two years of decline, shipments abroad of milking machines and dairy machineries increased by 18% to 26 units in 2022. Overall, exports, however, faced a sharp reduction. Over the period under review, the exports attained the peak figure at 193 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, milking machines and dairy machinery exports skyrocketed to $184K in 2022. Over the period under review, exports, however, faced a sharp descent. The exports peaked at $1.5M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Milking Machines and Dairy Machinery in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 11.0 | 13.4 | 47.6 | 68.7 | 84.2% |
| Cambodia | 244 | 93.8 | 25.8 | 37.3 | -46.5% |
| Philippines | 43.9 | 28.0 | 19.7 | 33.2 | -8.9% |
| Taiwan (Chinese) | 23.0 | 29.9 | 11.9 | 19.2 | -5.8% |
| Lao People's Democratic Republic | 34.4 | 0.2 | 6.7 | 9.6 | -34.7% |
| Poland | N/A | N/A | 0.1 | 0.1 | 0.0% |
| South Korea | 1,092 | N/A | N/A | N/A | 0% |
| Germany | N/A | N/A | N/A | N/A | 0% |
| Others | 68.8 | 46.1 | 44.8 | 15.9 | -38.6% |
| Total | 1,517 | 211 | 157 | 184 | -50.5% |
Top Export Markets for Milking Machines and Dairy Machinery from Vietnam in 2022:
- Cambodia (14.0 units)
- Malaysia (4.0 units)
- Lao People's Democratic Republic (2.0 units)
- Philippines (2.0 units)
- Taiwan (Chinese) (1.0 units)
- Germany (1.0 units)
- Poland (1.0 units)
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This report provides an in-depth analysis of the milking machine market in Vietnam.
252
This report provides an in-depth analysis of the dairy machinery market in Vietnam.
1181
This report provides an in-depth analysis of the global milking machine market.
576
This report provides an in-depth analysis of the global dairy machinery market.
335
This report provides an in-depth analysis of the milking machine market in Vietnam.
252
This report provides an in-depth analysis of the dairy machinery market in Vietnam.
1181
This report provides an in-depth analysis of the global milking machine market.
576
This report provides an in-depth analysis of the global dairy machinery market.
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