China: Industrial Brewery Machinery Market 2024

Industrial Brewery Machinery Market Size in China

For the tenth year in a row, the Chinese industrial brewery machinery market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption recorded a noticeable setback. The pace of growth appeared the most rapid in 2020 with a decrease of X%. Industrial brewery machinery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Industrial Brewery Machinery Production in China

In value terms, industrial brewery machinery production shrank to $X in 2022 estimated in export price. Over the period under review, production saw a slight contraction. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. Industrial brewery machinery production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Industrial Brewery Machinery Exports

Exports from China

In 2022, approx. X units of industrial brewery machinery were exported from China; growing by X% against 2021. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, industrial brewery machinery exports surged to $X in 2022. Overall, total exports indicated buoyant 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. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for industrial brewery machinery exports from China, with a X% share of total exports. Moreover, industrial brewery machinery exports to the United States exceeded the volume sent to the second major destination, Australia (X units), fourfold. The third position in this ranking was held by Azerbaijan (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Azerbaijan (X% per year).

In value terms, the United States ($X) remains the key foreign market for industrial brewery machinery exports from China, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the average industrial brewery machinery export price amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price faced a deep setback. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 Japan ($X per unit), while the average price for exports to Azerbaijan ($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 Cuba (X%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Brewery Machinery Imports

Imports into China

In 2022, purchases abroad of industrial brewery machinery decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, posted a notable increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, industrial brewery machinery imports fell dramatically to $X in 2022. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

The Czech Republic (X units), Belgium (X units) and the United States (X units) were the main suppliers of industrial brewery machinery imports to China, with a combined X% share of total imports.

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

In value terms, the Czech Republic ($X) constituted the largest supplier of industrial brewery machinery to China, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Germany (X% per year).

Import Prices by Country

The average industrial brewery machinery import price stood at $X per unit in 2022, waning by X% against the previous year. Overall, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for South Korea ($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 Czech Republic (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform