Asia: Feedstuff Preparing Machinery Market 2024

Feedstuff Preparing Machinery Market Size in Asia

The Asian feedstuff preparing machinery market fell modestly to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated a buoyant increase 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 increased by X% against 2020 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Feedstuff Preparing Machinery Production in Asia

In value terms, feedstuff preparing machinery production shrank to $X in 2022 estimated in export price. The total production indicated a prominent increase 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 increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Feedstuff Preparing Machinery Exports

Exports in Asia

In 2022, the amount of machinery for preparing animal feedstuffs exported in Asia rose markedly to X units, increasing by X% on 2021 figures. Over the period under review, exports saw buoyant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The volume of export peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, feedstuff preparing machinery exports expanded rapidly to $X in 2022. The total export 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 pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

China represented the largest exporter of machinery for preparing animal feedstuffs in Asia, with the volume of exports recording X units, which was approx. X% of total exports in 2022. It was distantly followed by Turkey (X units), achieving a X% share of total exports. Israel (X units), India (X units) and Taiwan (Chinese) (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to feedstuff preparing machinery exports from China stood at X%. At the same time, India (X%), Turkey (X%) and Israel (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Taiwan (Chinese) experienced a relatively flat trend pattern. While the share of Turkey (X p.p.) and India (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Israel (X p.p.) and Taiwan (Chinese) (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest feedstuff preparing machinery supplying countries in Asia were China ($X), Turkey ($X) and Israel ($X), with a combined X% share of total exports. Taiwan (Chinese) and India lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, India, with a CAGR of X%, recorded the highest growth rate of 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 Asia amounted to $X per unit, stabilizing at the previous year. Over the period under review, the export price saw a abrupt decline. The growth pace was the most rapid in 2014 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices remained at a somewhat 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 Taiwan (Chinese) ($X per unit), while China ($X per unit) was amongst the lowest.

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

Feedstuff Preparing Machinery Imports

Imports in Asia

In 2022, imports of machinery for preparing animal feedstuffs in Asia shrank notably to X units, falling by X% on the previous year. Total imports indicated tangible growth from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then contracted sharply in the following year.

In value terms, feedstuff preparing machinery imports fell markedly to $X in 2022. Total imports 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then reduced markedly in the following year.

Imports by Country

In 2022, China (X units), India (X units), Indonesia (X units), Bangladesh (X units), the Philippines (X units), Japan (X units), Thailand (X units), Vietnam (X units), Kazakhstan (X units), Nepal (X units), Turkey (X units) and Pakistan (X units) was the main importer of machinery for preparing animal feedstuffs in Asia, generating X% of total import. Uzbekistan (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Thailand (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest feedstuff preparing machinery importing markets in Asia were India ($X), Bangladesh ($X) and Indonesia ($X), together comprising X% of total imports. Japan, China, the Philippines, Turkey, Vietnam, Uzbekistan, Kazakhstan, Nepal, Pakistan and Thailand lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2022, the import price in Asia amounted to $X per unit, standing approx. at the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per unit), while China ($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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