Price for Milking Machines and Dairy Machinery in Malaysia - 2021
Contents:
- Price for Milking Machines and Dairy Machinery in Malaysia (CIF) - 2022
- Price for Milking Machines and Dairy Machinery in Malaysia (FOB) - 2022
- Imports of Milking Machines and Dairy Machinery in Malaysia
- Exports of Milking Machines and Dairy Machinery in Malaysia
Price for Milking Machines and Dairy Machinery in Malaysia (CIF) - 2022
The average import price for milking machines and dairy machineries stood at $6,704 per unit in 2022, falling by -9.3% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.0% 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 import price increased by +40.6% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 45% against the previous year. The import price peaked at $7,393 per unit in 2021, and then shrank in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($11,893 per unit), while the price for Singapore ($1,666 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Milking Machines and Dairy Machinery in Malaysia (FOB) - 2022
In 2022, the average export price for milking machines and dairy machineries amounted to $3,283 per unit, which is down by -27.3% against the previous year. Over the period under review, the export price recorded a noticeable downturn. The pace of growth was the most pronounced in 2021 an increase of 62% against the previous year. As a result, the export price attained the peak level of $4,514 per unit, and then fell notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($5,669 per unit), while the average price for exports to Australia ($639 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 the Philippines (+1.0%), while the prices for the other major destinations experienced a decline.
Imports of Milking Machines and Dairy Machinery in Malaysia
In 2022, imports of milking machines and dairy machineries into Malaysia soared to 2.1K units, surging by 129% compared with 2021 figures. In general, imports recorded a strong increase. Over the period under review, imports attained the maximum at 3.4K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, milking machines and dairy machinery imports skyrocketed to $14M in 2022. Overall, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 143%. As a result, imports reached the peak of $22M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Milking Machines and Dairy Machinery in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,107 | 2,445 | 1,186 | 2,097 | -0.2% |
| India | 235 | 1,370 | 1,424 | 2,012 | 104.6% |
| Germany | 1,096 | 3,220 | 386 | 1,645 | 14.5% |
| Italy | 1,257 | 2,319 | 781 | 1,577 | 7.9% |
| New Zealand | 349 | 3,652 | 382 | 1,537 | 63.9% |
| Canada | 1.0 | 0.6 | 656 | 926 | 874.7% |
| Denmark | 34.1 | 2,171 | 120 | 805 | 186.9% |
| Sweden | 375 | 930 | 463 | 658 | 20.6% |
| United Kingdom | 214 | 1,517 | 84.6 | 627 | 43.1% |
| Netherlands | 1,503 | 135 | 19.4 | 565 | -27.8% |
| France | 2.5 | 464 | 345 | 487 | 479.7% |
| United States | 136 | 420 | 6.1 | 192 | 12.2% |
| Singapore | 26.1 | 174 | 97.4 | 138 | 74.2% |
| Others | 1,575 | 2,832 | 936 | 1,001 | -14.0% |
| Total | 8,911 | 21,649 | 6,885 | 14,267 | 17.0% |
Top Suppliers of Milking Machines and Dairy Machinery to Malaysia in 2022:
- China (369.0 units)
- India (291.0 units)
- Italy (240.0 units)
- Germany (221.0 units)
- New Zealand (129.0 units)
- Canada (126.0 units)
- Denmark (112.0 units)
- Sweden (102.0 units)
- Singapore (83.0 units)
- United Kingdom (83.0 units)
- Netherlands (73.0 units)
- France (70.0 units)
- United States (61.0 units)
Exports of Milking Machines and Dairy Machinery in Malaysia
In 2022, the amount of milking machines and dairy machineries exported from Malaysia surged to 550 units, picking up by 60% compared with 2021 figures. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 165% against the previous year. As a result, the exports reached the peak of 741 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, milking machines and dairy machinery exports soared to $1.8M in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 150% against the previous year. As a result, the exports reached the peak of $2.1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Milking Machines and Dairy Machinery in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 737 | 793 | 125 | 1,039 | 12.1% |
| China | 5.4 | 2.6 | 132 | 402 | 320.7% |
| Philippines | 6.5 | 482 | 64.7 | 354 | 279.1% |
| Australia | 1.4 | 6.6 | 1.1 | 5.8 | 60.6% |
| Indonesia | N/A | 619 | 1,215 | N/A | 96.3% |
| Others | 75.9 | 159 | 11.5 | 4.2 | -61.9% |
| Total | 826 | 2,062 | 1,549 | 1,806 | 29.8% |
Top Export Markets for Milking Machines and Dairy Machinery from Malaysia in 2022:
- Singapore (316.0 units)
- Philippines (151.0 units)
- China (71.0 units)
- Australia (9.0 units)
335
This report provides an in-depth analysis of the milking machine market in Malaysia.
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This report provides an in-depth analysis of the dairy machinery market in Malaysia.
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This report provides an in-depth analysis of the global milking machine market.
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This report provides an in-depth analysis of the global dairy machinery market.
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This report provides an in-depth analysis of the milking machine market in Malaysia.
342
This report provides an in-depth analysis of the dairy machinery market in Malaysia.
1255
This report provides an in-depth analysis of the global milking machine market.
614
This report provides an in-depth analysis of the global dairy machinery market.
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