Asia: Market for Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables 2024

Market Size for Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables in Asia

In 2021, the Asian market for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption recorded a prominent increase. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables in Asia

In value terms, production of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables soared to $X in 2021 estimated in export price. In general, production showed a remarkable increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by 48%. Over the period under review, production of attained the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables

Exports in Asia

In 2021, exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables in Asia rose modestly to X units, surging by 1.9% on the year before. Over the period under review, exports saw strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 26%. Over the period under review, the exports of attained the maximum at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables amounted to $X in 2021. Total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +85.5% against 2012 indices. The pace of growth appeared the most rapid in 2013 with an increase of 14% against the previous year. Over the period under review, the exports of reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

In 2021, China (X units) represented the major exporter of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables, achieving 58% of total exports. Turkey (X units) ranks second in terms of the total exports with a 28% share, followed by India (4.6%). Thailand (X units), South Korea (X units) and Taiwan (Chinese) (X units) held a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to seed cleaning, sorting and grading machine exports from China stood at +11.3%. At the same time, Thailand (+20.7%), Turkey (+12.2%), Taiwan (Chinese) (+11.8%) and India (+2.2%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia, with a CAGR of +20.7% from 2012-2021. By contrast, South Korea (-5.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China, Turkey and Thailand increased by +8.7, +6 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest seed cleaning, sorting and grading machine supplier in Asia, comprising 72% of total exports. The second position in the ranking was taken by Turkey ($X), with an 11% share of total exports. It was followed by India, with a 6.3% share.

From 2012 to 2021, the average annual growth rate of value in China stood at +10.7%. In the other countries, the average annual rates were as follows: Turkey (+10.8% per year) and India (+5.4% per year).

Export Prices by Country

The export price in Asia stood at $X per unit in 2021, increasing by 8.1% against the previous year. In general, the export price, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2020 when the export price increased by 21%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was South Korea ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+3.1%), while the other leaders experienced mixed trends in the export price figures.

Imports of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables

Imports in Asia

Imports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables rose sharply to X units in 2021, growing by 13% against 2020 figures. The total import volume increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 14% against the previous year. The volume of import peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, imports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables rose notably to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. Over the period under review, imports of attained the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, India (X units), distantly followed by Bangladesh (X units), Kazakhstan (X units), Indonesia (X units), Vietnam (X units) and Turkey (X units) were the main importers of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables, together achieving 66% of total imports. Myanmar (X units), the Philippines (X units), Nepal (X units), Uzbekistan (X units), Pakistan (X units), Sri Lanka (X units) and the United Arab Emirates (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Myanmar (with a CAGR of +21.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables in Asia, comprising 27% of total imports. The second position in the ranking was taken by Turkey ($X), with an 11% share of total imports. It was followed by Kazakhstan, with a 7.2% share.

In India, imports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables expanded at an average annual rate of +2.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Turkey (+5.3% per year) and Kazakhstan (+2.5% per year).

Import Prices by Country

In 2021, the import price in Asia amounted to $X per unit, approximately equating the previous year. Overall, the import price, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2015 when the import price increased by 11% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+12.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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