South-Eastern Asia: Feedstuff Preparing Machinery Market 2024

Feedstuff Preparing Machinery Market Size in South-Eastern Asia

The Southeast Asian feedstuff preparing machinery market dropped significantly to $X in 2022, reducing by X% against the previous year. Overall, consumption, however, posted a slight increase. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Feedstuff Preparing Machinery Production in South-Eastern Asia

In value terms, feedstuff preparing machinery production declined to $X in 2022 estimated in export price. In general, production, however, posted a slight expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

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Feedstuff Preparing Machinery Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of machinery for preparing animal feedstuffs decreased by X% to X units, falling for the fourth year in a row after two years of growth. In general, exports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, feedstuff preparing machinery exports shrank rapidly to $X in 2022. Overall, exports saw a noticeable decline. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore represented the key exporter of machinery for preparing animal feedstuffs in South-Eastern Asia, with the volume of exports resulting at X units, which was near X% of total exports in 2022. Vietnam (X units) ranks second in terms of the total exports with a X% share, followed by Thailand (X%) and Malaysia (X%). Cambodia (X units) followed a long way behind the leaders.

Exports from Singapore increased at an average annual rate of X% from 2012 to 2022. At the same time, Cambodia (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Vietnam (X%), Malaysia (X%) and Thailand (X%) illustrated a downward trend over the same period. While the share of Singapore (X p.p.) and Cambodia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Malaysia (X p.p.) and Thailand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest feedstuff preparing machinery supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

In Singapore, feedstuff preparing machinery exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

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

Feedstuff Preparing Machinery Imports

Imports in South-Eastern Asia

In 2022, feedstuff preparing machinery imports in South-Eastern Asia reduced sharply to X units, with a decrease of X% compared with 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then plummeted in the following year.

In value terms, feedstuff preparing machinery imports shrank notably to $X in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2022, Indonesia (X units), distantly followed by the Philippines (X units), Thailand (X units), Vietnam (X units), Myanmar (X units) and Malaysia (X units) represented the largest importers of machinery for preparing animal feedstuffs, together creating X% of total imports. Cambodia (X units) held a relatively small share of total imports.

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

In value terms, Indonesia ($X), the Philippines ($X) and Vietnam ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Thailand, Myanmar, Malaysia and Cambodia lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Myanmar, with a CAGR of X%, recorded the highest rates of growth with regard to 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 South-Eastern Asia amounted to $X per unit, declining by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while Thailand ($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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