Southern Asia: Feedstuff Preparing Machinery Market 2024

Feedstuff Preparing Machinery Market Size in Southern Asia

The South Asian feedstuff preparing machinery market reduced to $X in 2022, approximately mirroring the previous year. The total consumption 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. Based on 2022 figures, consumption decreased by X% against 2020 indices. 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 Southern Asia

In value terms, feedstuff preparing machinery production totaled $X in 2022 estimated in export price. The total production indicated prominent 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 increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Feedstuff Preparing Machinery Exports

Exports in Southern Asia

In 2022, shipments abroad of machinery for preparing animal feedstuffs increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, feedstuff preparing machinery exports skyrocketed to $X in 2022. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

The shipments of the one major exporters of machinery for preparing animal feedstuffs, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the machinery for preparing animal feedstuffs exports, with a CAGR of X% from 2012 to 2022. While the share of India (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest feedstuff preparing machinery supplier in Southern Asia.

From 2012 to 2022, the average annual growth rate of value in India amounted to X%.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Feedstuff Preparing Machinery Imports

Imports in Southern Asia

In 2022, approx. X units of machinery for preparing animal feedstuffs were imported in Southern Asia; remaining constant against the previous year. Overall, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, feedstuff preparing machinery imports rose slightly to $X in 2022. In general, imports, however, continue to indicate strong growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

India was the major importing country with an import of about X units, which resulted at X% of total imports. Bangladesh (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Nepal (X%) and Pakistan (X%).

From 2012 to 2022, the biggest increases were recorded for Nepal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Bangladesh ($X) and Nepal ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Nepal, with a CAGR of X%, recorded the highest growth rate of 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

The import price in Southern Asia stood at $X per unit in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Bangladesh ($X per unit) and Nepal ($X per unit), while India ($X per unit) and Pakistan ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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