Asia-Pacific: Food Sorting Machine Market 2024

Food Sorting Machine Market Size in Asia-Pacific

The Asia-Pacific food sorting machine market expanded notably to $X.4B in 2022, with an increase of X% against the previous year. In general, consumption showed a strong expansion. The level of consumption peaked at $X.8B in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Food Sorting Machine Production in Asia-Pacific

In value terms, food sorting machine production rose sharply to $X.4B in 2022 estimated in export price. Overall, production showed a buoyant increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X.9B in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Food Sorting Machine Exports

Exports in Asia-Pacific

After two years of growth, overseas shipments of machines for cleaning, sorting or grading eggs and fruit decreased by X% to X units in 2022. In general, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure at X units in 2021, and then fell dramatically in the following year.

In value terms, food sorting machine exports contracted sharply to $X in 2022. Total exports indicated a buoyant 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. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked at $X in 2021, and then reduced rapidly in the following year.

Exports by Country

China represented the main exporter of machines for cleaning, sorting or grading eggs and fruit in Asia-Pacific, with the volume of exports finishing at X units, which was near X% of total exports in 2022. New Zealand (X units) ranks second in terms of the total exports with a X% share, followed by India (X%). Japan (X units) took a little share of total exports.

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

In value terms, the largest food sorting machine supplying countries in Asia-Pacific were New Zealand ($X), China ($X) and Japan ($X), with a combined X% share of total exports. These countries were followed by India, which accounted for a further X%.

India, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries 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-Pacific amounted to $X per unit, declining by X% against the previous year. In general, the export price showed a drastic downturn. The pace of growth appeared the most rapid in 2018 an increase of X%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood 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 Japan ($X per unit), while China ($X per unit) was amongst the lowest.

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

Food Sorting Machine Imports

Imports in Asia-Pacific

In 2022, food sorting machine imports in Asia-Pacific contracted to X units, reducing by X% against the previous year's figure. In general, imports recorded a mild curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, food sorting machine imports dropped to $X in 2022. Total imports indicated a modest 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. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Australia (X units) and New Zealand (X units) were the key importers of machines for cleaning, sorting or grading eggs and fruit in Asia-Pacific, together making up X% of total imports. India (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (X%), Taiwan (Chinese) (X%), China (X%) and South Korea (X%). Japan (X units) took a relatively small share of total imports.

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

In value terms, China ($X) constitutes the largest market for imported machines for cleaning, sorting or grading eggs and fruit in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Australia ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

In China, 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: Australia (X% per year) and New Zealand (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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