ASEAN: Poultry-Keeping Machinery Market 2024

Poultry-Keeping Machinery Market Size in ASEAN

The ASEAN poultry-keeping machinery market expanded slightly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Poultry-Keeping Machinery Production in ASEAN

In value terms, poultry-keeping machinery production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Poultry-Keeping Machinery Exports

Exports in ASEAN

For the fifth consecutive year, ASEAN recorded growth in shipments abroad of poultry-keeping machinery, which increased by X% to X units in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, poultry-keeping machinery exports rose notably to $X in 2022. Overall, exports posted prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Malaysia prevails in exports structure, accounting for X units, which was approx. X% of total exports in 2022. Singapore (X units) and Vietnam (X units) took a relatively small share of total exports.

Exports from Malaysia increased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Malaysia and Vietnam increased by X and X percentage points, respectively.

In value terms, Malaysia ($X) remains the largest poultry-keeping machinery supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Malaysia amounted to X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Singapore (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, remaining constant against the previous year. Overall, the export price, however, faced a deep reduction. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while Singapore ($X per unit) was amongst the lowest.

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

Poultry-Keeping Machinery Imports

Imports in ASEAN

In 2022, purchases abroad of poultry-keeping machinery decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked at X units in 2021, and then reduced rapidly in the following year.

In value terms, poultry-keeping machinery imports reduced rapidly to $X in 2022. In general, imports, however, posted a buoyant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then plummeted in the following year.

Imports by Country

The Philippines (X units) and Thailand (X units) represented the largest importers of poultry-keeping machinery in 2022, amounting to near X% and X% of total imports, respectively. Indonesia (X units) ranks next in terms of the total imports with a X% share, followed by Myanmar (X%). Vietnam (X units), Singapore (X units) and Malaysia (X units) held a minor share of total imports.

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

In value terms, the largest poultry-keeping machinery importing markets in ASEAN were Malaysia ($X), Indonesia ($X) and the Philippines ($X), with a combined X% share of total imports. Thailand, Vietnam, Myanmar and Singapore lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2016 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 Malaysia ($X per unit), while Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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