South-Eastern Asia: Food Sorting Machine Market 2024

Food Sorting Machine Market Size in South-Eastern Asia

The Southeast Asian food sorting machine market expanded rapidly to $X.2B in 2022, with an increase of X% against the previous year. The total consumption indicated a temperate expansion 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, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X.9B. From 2021 to 2022, the growth of the market failed to regain momentum.

Food Sorting Machine Production in South-Eastern Asia

In value terms, food sorting machine production stood at $X.4B in 2022 estimated in export price. The total production indicated moderate 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. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X.3B. From 2021 to 2022, production growth remained at a somewhat lower figure.

Food Sorting Machine Exports

Exports in South-Eastern Asia

In 2022, the amount of machines for cleaning, sorting or grading eggs and fruit exported in South-Eastern Asia soared to X units, rising by X% against 2021 figures. Over the period under review, exports recorded a noticeable expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, food sorting machine exports skyrocketed to $X in 2022. In general, exports continue to indicate a temperate increase. The growth pace was the most rapid in 2016 when exports increased by X%. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Vietnam (X units) and Malaysia (X units) represented the key exporters of machines for cleaning, sorting or grading eggs and fruit in 2022, recording near X% and X% of total exports, respectively. Singapore (X units) took the next position in the ranking, followed by Thailand (X units). All these countries together took approx. X% share of total exports.

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

In value terms, the largest food sorting machine supplying countries in South-Eastern Asia were Malaysia ($X), Vietnam ($X) and Singapore ($X), with a combined X% share of total exports.

Among the main exporting countries, Singapore, with a CAGR of X%, saw the highest growth rate of 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

The export price in South-Eastern Asia stood at $X per unit in 2022, which is down by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 when the export price increased by X%. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

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

Food Sorting Machine Imports

Imports in South-Eastern Asia

In 2022, supplies from abroad of machines for cleaning, sorting or grading eggs and fruit was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, food sorting machine imports shrank to $X in 2022. Over the period under review, imports, however, faced a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X units) was the main importer of machines for cleaning, sorting or grading eggs and fruit, mixing up X% of total imports. Indonesia (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (X%) and Singapore (X%). The following importers - Malaysia (X units) and the Philippines (X units) - each reached a X% share of total imports.

Imports into Thailand increased at an average annual rate of X% from 2012 to 2022. At the same time, Singapore (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, the Philippines (X%), Malaysia (X%), Vietnam (X%) and Indonesia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand and Singapore increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) constitutes the largest market for imported machines for cleaning, sorting or grading eggs and fruit in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with an X% share of total imports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Thailand totaled X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Indonesia (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per unit), while Indonesia ($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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