Southern Asia: Poultry-Keeping Machinery Market 2024

Poultry-Keeping Machinery Market Size in Southern Asia

The South Asian poultry-keeping machinery market totaled $X in 2022, with an increase of X% against the previous year. The total consumption indicated a prominent 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. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Poultry-Keeping Machinery Production in Southern Asia

In value terms, poultry-keeping machinery production expanded slightly to $X in 2022 estimated in export price. The total production indicated a prominent 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 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Poultry-Keeping Machinery Exports

Exports in Southern Asia

Poultry-keeping machinery exports skyrocketed to X units in 2022, jumping by X% compared with the year before. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, poultry-keeping machinery exports soared to $X in 2022. Over the period under review, exports continue to indicate strong growth. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

The shipments of the one major exporters of poultry-keeping machinery, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the poultry-keeping machinery exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest poultry-keeping machinery supplier in Southern Asia.

In India, poultry-keeping machinery exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price, however, showed a deep contraction. The growth pace was the most rapid in 2020 when the export price increased by X%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a 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.

Poultry-Keeping Machinery Imports

Imports in Southern Asia

Poultry-keeping machinery imports contracted significantly to X units in 2022, reducing by X% compared with 2021. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then declined sharply in the following year.

In value terms, poultry-keeping machinery imports shrank remarkably to $X in 2022. Over the period under review, imports, however, continue to indicate a moderate expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Nepal (X units) represented the largest importer of poultry-keeping machinery, constituting X% of total imports. It was distantly followed by India (X units), comprising a X% share of total imports. Bangladesh (X units) took a relatively small share of total imports.

Nepal was also the fastest-growing in terms of the poultry-keeping machinery imports, with a CAGR of X% from 2012 to 2022. At the same time, Bangladesh (X%) and India (X%) displayed positive paces of growth. From 2012 to 2022, the share of Nepal increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest poultry-keeping machinery importing markets in Southern Asia were Bangladesh ($X), India ($X) and Nepal ($X), together accounting for X% of total imports.

Among the main importing countries, Nepal, with a CAGR of X%, saw 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, surging by X% against the previous year. In general, the import price, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2014 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Bangladesh ($X per unit), while Nepal ($X per unit) was 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 a decline in the import price figures.

Source: IndexBox Platform

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