China: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in China

In 2022, the Chinese meat-preparation industrial machinery market decreased by X% to $X, falling for the second consecutive year after five years of growth. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Meat-Preparation Industrial Machinery Production in China

In value terms, meat-preparation industrial machinery production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated a perceptible 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. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Meat-Preparation Industrial Machinery Exports

Exports from China

For the sixth consecutive year, China recorded growth in shipments abroad of industrial machinery for the preparation of meat or poultry, which increased by X% to X units in 2022. Over the period under review, exports posted a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, meat-preparation industrial machinery exports expanded modestly to $X in 2022. In general, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

The United States (X units) was the main destination for meat-preparation industrial machinery exports from China, with a X% share of total exports. Moreover, meat-preparation industrial machinery exports to the United States exceeded the volume sent to the second major destination, Vietnam (X units), twofold. The third position in this ranking was held by Indonesia (X units), with a X% share.

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

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

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

Export Prices by Country

In 2022, the average meat-preparation industrial machinery export price amounted to $X per unit, waning by X% against the previous year. In general, the export price showed a perceptible curtailment. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 Malaysia ($X per unit), while the average price for exports to Kazakhstan ($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 the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Meat-Preparation Industrial Machinery Imports

Imports into China

After three years of growth, overseas purchases of industrial machinery for the preparation of meat or poultry decreased by X% to X units in 2022. Overall, imports, however, posted a strong increase. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports hit record highs at X units in 2021, and then reduced dramatically in the following year.

In value terms, meat-preparation industrial machinery imports reduced dramatically to $X in 2022. Over the period under review, imports showed a perceptible descent. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then declined significantly in the following year.

Imports by Country

The Netherlands (X units), Germany (X units) and Denmark (X units) were the main suppliers of meat-preparation industrial machinery imports to China, with a combined X% share of total imports. The United States, Taiwan (Chinese), Italy, Sweden and Japan lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest meat-preparation industrial machinery suppliers to China were the Netherlands ($X), Germany ($X) and the United States ($X), together accounting for X% of total imports. Denmark, Japan, Italy, Sweden and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

Sweden, with a CAGR of X%, saw the highest rates of growth with regard to 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 2022, the average meat-preparation industrial machinery import price amounted to $X per unit, declining by X% against the previous year. In general, the import price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :