China: Fruit-Preparation Industrial Machinery Market 2024

Fruit-Preparation Industrial Machinery Market Size in China

The Chinese fruit-preparation industrial machinery market rose to $X in 2023, picking up by X% against the previous year. Overall, consumption enjoyed a buoyant increase. Over the period under review, the market attained the maximum level in 2023 and is likely to see gradual growth in the immediate term.

Fruit-Preparation Industrial Machinery Production in China

In value terms, fruit-preparation industrial machinery production totaled $X in 2023 estimated in export price. Overall, production posted a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Fruit-preparation industrial machinery production peaked at $X in 2021; afterwards, it flattened through to 2023.

Fruit-Preparation Industrial Machinery Exports

Exports from China

In 2023, after five years of growth, there was decline in overseas shipments of industrial machinery for the preparation of fruits, nuts or vegetables, when their volume decreased by X% to X units. Overall, exports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2022, and then fell modestly in the following year.

In value terms, fruit-preparation industrial machinery exports surged to $X in 2023. Over the period under review, exports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2023 and are likely to see gradual growth in the near future.

Exports by Country

Indonesia (X units), the United States (X units) and Vietnam (X units) were the main destinations of fruit-preparation industrial machinery exports from China, together comprising X% of total exports. Russia, India, the Netherlands, Thailand, Australia, Lao People's Democratic Republic, Taiwan (Chinese), Bolivia, Tanzania and the Philippines lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Bolivia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fruit-preparation industrial machinery exported from China were the United States ($X), Vietnam ($X) and Russia ($X), with a combined X% share of total exports. India, Indonesia, the Netherlands, Australia, Lao People's Democratic Republic, Thailand, Bolivia, the Philippines, Tanzania and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

Bolivia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average fruit-preparation industrial machinery export price stood at $X per unit in 2023, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a noticeable decrease. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (X%), while the prices for the other major destinations experienced mixed trend patterns.

Fruit-Preparation Industrial Machinery Imports

Imports into China

In 2023, approx. X units of industrial machinery for the preparation of fruits, nuts or vegetables were imported into China; with an increase of X% against the previous year's figure. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in years to come.

In value terms, fruit-preparation industrial machinery imports shrank remarkably to $X in 2023. In general, imports showed measured growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then declined markedly in the following year.

Imports by Country

In 2023, Taiwan (Chinese) (X units) constituted the largest supplier of fruit-preparation industrial machinery to China, accounting for a X% share of total imports. Moreover, fruit-preparation industrial machinery imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. Spain (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Taiwan (Chinese) amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).

In value terms, the largest fruit-preparation industrial machinery suppliers to China were Taiwan (Chinese) ($X), the United States ($X) and the Netherlands ($X), with a combined X% share of total imports. Spain, Italy, Slovakia, France, Japan and South Korea lagged somewhat behind, together accounting for a further X%.

Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average fruit-preparation industrial machinery import price amounted to $X per unit, which is down by X% against the previous year. Overall, the import price showed a precipitous descent. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2023, 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 Netherlands ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform