ASEAN: Food Sorting Machine Market 2024

Food Sorting Machine Market Size in ASEAN

The ASEAN food sorting machine market was estimated at $X.2B in 2022, picking up by X% against the previous year. The total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X.9B. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Food Sorting Machine Production in ASEAN

In value terms, food sorting machine production rose significantly to $X.4B in 2022 estimated in export price. The total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X.3B. From 2021 to 2022, production growth remained at a somewhat lower figure.

Food Sorting Machine Exports

Exports in ASEAN

In 2022, exports of machines for cleaning, sorting or grading eggs and fruit in ASEAN surged to X units, growing by X% on the year before. Over the period under review, exports showed pronounced growth. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, food sorting machine exports skyrocketed to $X in 2022. Overall, exports enjoyed a pronounced increase. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Vietnam (X units) and Malaysia (X units) were the largest exporters of machines for cleaning, sorting or grading eggs and fruit in ASEAN, together creating X% of total exports. It was distantly followed by Singapore (X units) and Thailand (X units), together achieving a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Vietnam ($X) and Singapore ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Singapore, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, shrinking by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced mixed trends in the export price figures.

Food Sorting Machine Imports

Imports in ASEAN

After two years of decline, supplies from abroad of machines for cleaning, sorting or grading eggs and fruit increased by X% to X units in 2022. In general, imports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, food sorting machine imports dropped to $X in 2022. Overall, imports, however, recorded a deep contraction. The growth pace was the most rapid in 2017 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Thailand (X units) was the main importer of machines for cleaning, sorting or grading eggs and fruit, achieving X% of total imports. It was distantly followed by Indonesia (X units), Vietnam (X units) and Singapore (X units), together constituting a X% share of total imports. The following importers - Malaysia (X units) and the Philippines (X units) - each finished at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to food sorting machine imports into Thailand stood at X%. At the same time, Singapore (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, the Philippines (X%), Malaysia (X%), Vietnam (X%) and Indonesia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand and Singapore increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) constitutes the largest market for imported machines for cleaning, sorting or grading eggs and fruit in ASEAN, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with an X% share of total imports. It was followed by Indonesia, with a X% share.

In Thailand, food sorting machine imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Indonesia (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, reducing by X% against the previous year. In general, the import price saw a pronounced decrease. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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