Price for Milking Machines and Dairy Machinery in India - 2023

Contents:

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

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

In 2022, the average import price for milking machines and dairy machineries amounted to $4,477 per unit, which is down by -5.4% against the previous year. In general, the import price continues to indicate a mild slump. The growth pace was the most rapid in 2017 an increase of 27%. The import price peaked at $5,997 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($10,173 per unit), while the price for Turkey ($1,767 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for milking machines and dairy machineries stood at $4,918 per unit in 2022, reducing by -9% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 +28.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 42% against the previous year. As a result, the export price attained the peak level of $5,403 per unit, and then reduced in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($9,503 per unit), while the average price for exports to Oman ($2,099 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 Madagascar (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Milking Machines and Dairy Machinery in India

In 2022, milking machines and dairy machinery imports into India reduced remarkably to 2.6K units, which is down by -23.4% against the previous year's figure. In general, imports recorded a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 12%. Over the period under review, imports attained the maximum at 3.7K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, milking machines and dairy machinery imports dropped rapidly to $12M in 2022. Over the period under review, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 8.6% against the previous year. Imports peaked at $17M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Milking Machines and Dairy Machinery in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5.42.31.33.3-15.1%
Germany2.33.01.81.8-7.8%
Turkey2.31.61.51.6-11.4%
Sweden1.41.50.81.0-10.6%
France1.30.21.00.9-11.5%
China2.00.91.40.9-23.4%
Denmark0.30.20.70.518.6%
PolandN/A0.5N/A0.3-22.5%
Others2.34.57.41.2-19.5%
Total17.314.715.911.5-12.7%

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

  1. Turkey (916.0 units)
  2. Italy (419.0 units)
  3. China (377.0 units)
  4. Germany (313.0 units)
  5. Sweden (140.0 units)
  6. France (93.0 units)
  7. Denmark (58.0 units)
  8. Poland (47.0 units)

Exports of Milking Machines and Dairy Machinery in India

After two years of decline, shipments abroad of milking machines and dairy machineries increased by 56% to 3.1K units in 2022. In general, exports, however, recorded a perceptible slump. Over the period under review, the exports hit record highs at 3.4K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, milking machines and dairy machinery exports skyrocketed to $15M in 2022. Over the period under review, exports, however, continue to indicate a pronounced slump. Over the period under review, the exports reached the peak figure at $18M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Milking Machines and Dairy Machinery in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nepal2,7221,0283,2513,85412.3%
Kenya1,2511,9151,9652,18820.5%
Tanzania42.984.81511,831249.5%
United Arab Emirates6422,4137361,22123.9%
Netherlands6255165091,13522.0%
MadagascarN/AN/AN/A8630%
Mozambique37.91.265.5483133.6%
Saudi Arabia50.017764.2418103.0%
Malaysia20.319445.6379165.3%
Ireland0.621.3123213608.1%
Bangladesh9,6363441,254174-73.8%
Oman85.279830.313115.4%
Israel480295264103-40.1%
Others2,3923,8782,3972,4621.0%
Total17,98511,66610,85615,456-4.9%

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

  1. Nepal (746.0 units)
  2. United Arab Emirates (437.0 units)
  3. Kenya (413.0 units)
  4. Tanzania (393.0 units)
  5. Madagascar (204.0 units)
  6. Netherlands (119.0 units)
  7. Mozambique (81.0 units)
  8. Ireland (76.0 units)
  9. Saudi Arabia (68.0 units)
  10. Malaysia (66.0 units)
  11. Oman (62.0 units)
  12. Bangladesh (31.0 units)
  13. Israel (17.0 units)

Source: IndexBox Market Intelligence Platform

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