Price for Milking Machines and Dairy Machinery in Denmark - 2023

Contents:

  1. Price for Milking Machines and Dairy Machinery in Denmark (FOB) - 2022
  2. Price for Milking Machines and Dairy Machinery in Denmark (CIF) - 2022
  3. Exports of Milking Machines and Dairy Machinery in Denmark
  4. Imports of Milking Machines and Dairy Machinery in Denmark

Price for Milking Machines and Dairy Machinery in Denmark (FOB) - 2022

In 2022, the average export price for milking machines and dairy machineries amounted to $8,940 per unit, which is down by -16.3% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, milking machines and dairy machinery export price increased by +50.7% against 2015 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 21% against the previous year. As a result, the export price attained the peak level of $10,683 per unit, and then shrank significantly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($14,671 per unit), while the average price for exports to Chile ($5,358 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 Germany (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Milking Machines and Dairy Machinery in Denmark (CIF) - 2022

The average import price for milking machines and dairy machineries stood at $4,841 per unit in 2022, flattening at the previous year. Over the period under review, the import price, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 9.2%. The import price peaked at $8,319 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($7,693 per unit), while the price for Norway ($1,540 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Milking Machines and Dairy Machinery in Denmark

Milking machines and dairy machinery exports from Denmark reached 17K units in 2022, with an increase of 11% compared with the year before. Overall, exports, however, continue to indicate a deep downturn. The exports peaked at 21K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, milking machines and dairy machinery exports shrank to $152M in 2022. Over the period under review, exports, however, continue to indicate a slight descent. The pace of growth was the most pronounced in 2020 with an increase of 14%. As a result, the exports reached the peak of $181M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Milking Machines and Dairy Machinery in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium17.528.124.924.411.7%
Netherlands9.38.213.013.412.9%
China6.313.412.112.826.7%
Germany9.49.67.88.5-3.3%
Norway3.54.93.27.528.9%
Sweden5.38.67.86.99.2%
United States9.47.03.76.7-10.7%
Egypt3.60.64.66.622.4%
United Kingdom5.37.16.86.35.9%
Ireland5.61.03.56.23.5%
France9.711.518.24.6-22.0%
Chile2.40.90.23.07.7%
Switzerland3.63.73.43.0-5.9%
Others67.576.354.842.6-14.2%
Total158181164152-1.3%

Top Export Markets for Milking Machines and Dairy Machinery from Denmark in 2022:

  1. Belgium (2.7K units)
  2. Netherlands (2.0K units)
  3. United States (1.2K units)
  4. Sweden (1.2K units)
  5. Norway (1.1K units)
  6. China (1.0K units)
  7. Germany (0.9K units)
  8. Egypt (0.7K units)
  9. United Kingdom (0.7K units)
  10. Chile (0.6K units)
  11. France (0.5K units)
  12. Switzerland (0.4K units)
  13. Ireland (0.4K units)

Imports of Milking Machines and Dairy Machinery in Denmark

In 2022, approx. 17K units of milking machines and dairy machineries were imported into Denmark; waning by -10.2% on 2021. Overall, imports showed a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. As a result, imports reached the peak of 19K units, and then declined in the following year.

In value terms, milking machines and dairy machinery imports fell to $81M in 2022. Over the period under review, imports continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2021 with an increase of 24%. As a result, imports attained the peak of $89M, and then reduced in the following year.

Import of Milking Machines and Dairy Machinery in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands35.829.338.736.00.2%
United States10.313.815.616.216.3%
Germany10.211.19.28.2-7.0%
China2.02.13.26.044.2%
Belgium7.73.33.52.6-30.4%
Poland0.60.72.52.458.7%
Italy2.62.17.02.3-4.0%
Sweden2.33.02.42.2-1.5%
France1.51.42.51.1-9.8%
New Zealand2.70.51.10.6-39.4%
Canada5.1N/AN/AN/A0%
Others6.24.33.13.1-20.6%
Total86.971.788.880.8-2.4%

Top Suppliers of Milking Machines and Dairy Machinery to Denmark in 2022:

  1. Canada (undefinedK units)
  2. Netherlands (6.3K units)
  3. United States (2.7K units)
  4. Germany (2.3K units)
  5. China (2.0K units)
  6. Belgium (0.9K units)
  7. Italy (0.5K units)
  8. France (0.5K units)
  9. Sweden (0.4K units)
  10. Poland (0.3K units)
  11. New Zealand (0.1K units)

Source: IndexBox Market Intelligence Platform

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