Price for Milking Machines and Dairy Machinery in the Philippines - 2023
Contents:
- Price for Milking Machines and Dairy Machinery in the Philippines (CIF) - 2022
- Price for Milking Machines and Dairy Machinery in the Philippines (FOB) - 2022
- Imports of Milking Machines and Dairy Machinery in the Philippines
- Exports of Milking Machines and Dairy Machinery in the Philippines
Price for Milking Machines and Dairy Machinery in the Philippines (CIF) - 2022
In 2022, the average import price for milking machines and dairy machineries amounted to $6,236 per unit, dropping by -5.6% against the previous year. Over the period under review, the import price, however, saw a temperate increase. The pace of growth appeared the most rapid in 2017 an increase of 85%. The import price peaked at $6,603 per unit in 2021, and then dropped in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Sweden ($6,650 per unit) and China ($6,354 per unit), while the price for Vietnam ($6,126 per unit) and Malaysia ($6,126 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Milking Machines and Dairy Machinery in the Philippines (FOB) - 2022
The average export price for milking machines and dairy machineries stood at $6,862 per unit in 2022, falling by -24% against the previous year. In general, the export price, however, saw a significant expansion. The growth pace was the most rapid in 2015 when the average export price increased by 2,962%. As a result, the export price attained the peak level of $13,700 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($7,708 per unit), while the average price for exports to China amounted to $6,129 per unit.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+34.7%).
Imports of Milking Machines and Dairy Machinery in the Philippines
In 2022, supplies from abroad of milking machines and dairy machineries was finally on the rise to reach 662 units after two years of decline. In general, imports, however, continue to indicate a noticeable shrinkage. Over the period under review, imports reached the maximum at 757 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, milking machines and dairy machinery imports skyrocketed to $4.1M in 2022. Overall, imports, however, continue to indicate a noticeable descent. Over the period under review, imports attained the maximum at $4.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Milking Machines and Dairy Machinery in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 798 | 128 | 131 | 1,501 | 23.4% |
| Malaysia | 9.3 | 173 | 117 | 960 | 369.1% |
| Singapore | 19.9 | 279 | 4.2 | 309 | 149.5% |
| Thailand | 508 | 135 | 341 | 267 | -19.3% |
| China | 404 | 212 | 239 | 197 | -21.3% |
| Sweden | 654 | 812 | 86.8 | 186 | -34.2% |
| Italy | 78.6 | 1.3 | 1,354 | 173 | 30.1% |
| Indonesia | N/A | N/A | N/A | 109 | 0% |
| Turkey | 163 | 64.3 | 61.3 | 104 | -13.9% |
| Vietnam | N/A | N/A | N/A | 78.9 | 0% |
| Switzerland | 7.7 | 9.4 | N/A | 72.2 | 110.9% |
| Japan | 461 | 4.9 | 0.4 | 11.9 | -70.4% |
| Australia | 547 | N/A | 0.9 | 2.1 | -84.3% |
| Others | 746 | 383 | 97.0 | 157 | -40.5% |
| Total | 4,398 | 2,201 | 2,432 | 4,128 | -2.1% |
Top Suppliers of Milking Machines and Dairy Machinery to the Philippines in 2022:
- Germany (241.0 units)
- Malaysia (157.0 units)
- Singapore (50.0 units)
- Thailand (42.0 units)
- China (31.0 units)
- Italy (28.0 units)
- Sweden (28.0 units)
- Indonesia (18.0 units)
- Turkey (17.0 units)
- Vietnam (13.0 units)
- Switzerland (12.0 units)
- Japan (2.0 units)
Exports of Milking Machines and Dairy Machinery in the Philippines
In 2022, exports of milking machines and dairy machineries from the Philippines surged to 19 units, with an increase of 280% on 2021. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, milking machines and dairy machinery exports skyrocketed to $133K in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Milking Machines and Dairy Machinery in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 67.6 | 0% |
| China | N/A | N/A | N/A | 63.7 | 0% |
| Sierra Leone | N/A | N/A | 27.0 | N/A | 0% |
| Malaysia | 10.0 | N/A | 2.5 | N/A | -50.0% |
| Myanmar | N/A | N/A | 15.7 | N/A | 0% |
| Others | N/A | N/A | N/A | 1.9 | 0% |
| Total | 10.0 | N/A | 45.2 | 133 | 136.9% |
Top Export Markets for Milking Machines and Dairy Machinery from the Philippines in 2022:
- China (10.0 units)
- Netherlands (9.0 units)
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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 the Philippines.
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This report provides an in-depth analysis of the dairy machinery market in the Philippines.
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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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