Price for Milking Machines and Dairy Machinery in Belgium - 2023

Contents:

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

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

The average import price for milking machines and dairy machineries stood at $4,532 per unit in 2022, surging by 40% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.2% 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 +65.8% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Italy ($8,389 per unit), while the price for Spain ($2,534 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for milking machines and dairy machineries stood at $5,940 per unit in 2022, picking up by 2.4% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +8.4% 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 +45.8% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 70%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($7,524 per unit), while the average price for exports to Madagascar ($191 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 Uruguay (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Milking Machines and Dairy Machinery in Belgium

In 2022, approx. 10K units of milking machines and dairy machineries were imported into Belgium; with a decrease of -57.8% compared with the previous year's figure. In general, imports showed a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. As a result, imports attained the peak of 24K units, and then reduced sharply in the following year.

In value terms, milking machines and dairy machinery imports dropped rapidly to $46M in 2022. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 18%. Imports peaked at $78M in 2021, and then declined significantly in the following year.

Import of Milking Machines and Dairy Machinery in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands20.522.222.817.7-4.8%
Germany7.88.716.29.98.3%
France4.32.93.34.40.8%
Denmark15.716.715.93.1-41.8%
United Kingdom6.36.93.53.0-21.9%
Italy1.96.27.82.59.6%
SpainN/A0.40.61.165.8%
Others3.77.07.64.35.1%
Total60.271.077.845.9-8.6%

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

  1. Netherlands (4.1K units)
  2. Germany (2.7K units)
  3. Denmark (0.9K units)
  4. France (0.7K units)
  5. United Kingdom (0.5K units)
  6. Spain (0.4K units)
  7. Italy (0.3K units)

Exports of Milking Machines and Dairy Machinery in Belgium

In 2022, approx. 1K units of milking machines and dairy machineries were exported from Belgium; with a decrease of -52.1% on 2021 figures. In general, exports showed a dramatic shrinkage. The smallest decline of -2.5% was in 2020. Over the period under review, the exports hit record highs at 5K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, milking machines and dairy machinery exports plummeted to $6M in 2022. Overall, exports saw a dramatic slump. The pace of growth appeared the most rapid in 2020 with an increase of 2.6%. As a result, the exports attained the peak of $24M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Milking Machines and Dairy Machinery in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3.67.22.51.5-25.3%
United Kingdom2.12.53.01.3-14.8%
Germany2.23.81.50.8-28.6%
Italy1.80.80.70.4-39.4%
Czech Republic0.72.00.20.2-34.1%
France7.02.41.20.2-69.4%
Slovakia0.60.2N/A0.2-30.7%
CanadaN/AN/A0.10.10.0%
IndonesiaN/AN/AN/A0.10%
SerbiaN/AN/AN/A0.10%
Hungary0.50.10.10.1-41.5%
Spain1.30.40.10.1-57.5%
MadagascarN/AN/AN/AN/A0%
Others3.24.03.01.1-29.9%
Total23.023.612.36.0-36.1%

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

  1. Netherlands (204.0 units)
  2. United Kingdom (169.0 units)
  3. Germany (112.0 units)
  4. Italy (75.0 units)
  5. France (60.0 units)
  6. Madagascar (53.0 units)
  7. Slovakia (48.0 units)
  8. Czech Republic (38.0 units)
  9. Indonesia (27.0 units)
  10. Serbia (27.0 units)
  11. Hungary (25.0 units)
  12. Canada (16.0 units)
  13. Spain (13.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Milking machines and dairy machinery - Belgium