Asia: Poultry Incubator Market 2024

Poultry Incubator Market Size in Asia

The Asian poultry incubator market reached $X.7B in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market reached the peak level at $X.3B in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Poultry Incubator Production in Asia

In value terms, poultry incubator production reached $X.7B in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, production reached the peak level at $X.3B in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Poultry Incubator Exports

Exports in Asia

In 2022, approx. X units of poultry incubators and brooders were exported in Asia; picking up by X% on the previous year. Over the period under review, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, poultry incubator exports reduced to $X in 2022. In general, exports recorded a mild expansion. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

China prevails in exports structure, finishing at X units, which was near X% of total exports in 2022. Malaysia (X units) took the second position in the ranking, followed by Turkey (X units). All these countries together took approx. X% share of total exports.

China was also the fastest-growing in terms of the poultry incubators and brooders exports, with a CAGR of X% from 2012 to 2022. Turkey (X%) and Malaysia (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey and Malaysia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest poultry incubator supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports.

In China, poultry incubator exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

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

Poultry Incubator Imports

Imports in Asia

In 2022, purchases abroad of poultry incubators and brooders decreased by X% to X units, falling for the fourth year in a row after three years of growth. Overall, imports recorded a noticeable decrease. 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 units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, poultry incubator imports reduced to $X in 2022. In general, imports showed a pronounced slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Thailand (X units), Indonesia (X units), Iraq (X units), South Korea (X units), Qatar (X units), India (X units), the Philippines (X units), Bangladesh (X units), Vietnam (X units), Turkey (X units), Iran (X units) and Yemen (X units) was the major importer of poultry incubators and brooders in Asia, committing X% of total import. Kazakhstan (X units) took a little share of total imports.

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

In value terms, India ($X), Indonesia ($X) and the Philippines ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Thailand, Iraq, Vietnam, Bangladesh, South Korea, Kazakhstan, Turkey, Yemen, Iran and Qatar lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Iran, 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

In 2022, the import price in Asia amounted to $X per unit, which is down by X% against the previous year. In general, the import price showed a mild decline. The growth pace was the most rapid in 2019 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, 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 Kazakhstan ($X per unit), while Qatar ($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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