Brazil: Milking Machine Market 2024

Milking Machine Market Size in Brazil

The Brazilian milking machine market surged to $X in 2022, growing by X% against the previous year. In general, consumption continues to indicate a slight increase. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Milking Machine Production in Brazil

In value terms, milking machine production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Milking machine production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Milking Machine Exports

Exports from Brazil

In 2022, after two years of growth, there was significant decline in overseas shipments of milking machines, when their volume decreased by X% to X units. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then shrank in the following year.

In value terms, milking machine exports skyrocketed to $X in 2022. Overall, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Bolivia (X units) was the main destination for milking machine exports from Brazil, with a X% share of total exports. Moreover, milking machine exports to Bolivia exceeded the volume sent to the second major destination, Costa Rica (X units), fourfold. El Salvador (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Bolivia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (X% per year) and El Salvador (X% per year).

In value terms, Bolivia ($X), the Dominican Republic ($X) and Panama ($X) were the largest markets for milking machine exported from Brazil worldwide, together comprising X% of total exports.

In terms of the main countries of destination, the Dominican Republic, 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 average milking machine export price amounted to $X per unit, surging by X% against the previous year. In general, the export price, however, continues to indicate a abrupt decrease. The growth pace was the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per unit), while the average price for exports to Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Milking Machine Imports

Imports into Brazil

Milking machine imports into Brazil soared to X units in 2022, jumping by X% compared with 2021. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, milking machine imports skyrocketed to $X in 2022. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

The Netherlands (X units), Sweden (X units) and Germany (X units) were the main suppliers of milking machine imports to Brazil.

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

In value terms, the largest milking machine suppliers to Brazil were the Netherlands ($X), Sweden ($X) and Germany ($X), with a combined X% share of total imports.

In terms of the main suppliers, the Netherlands, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average milking machine import price amounted to $X per unit, leveling off at the previous year. Over the period under review, the import price, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Sweden ($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 prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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