Asia-Pacific: Industrial Brewery Machinery Market 2024

Industrial Brewery Machinery Market Size in Asia-Pacific

The Asia-Pacific industrial brewery machinery market contracted to $X in 2022, reducing by X% against the previous year. Overall, consumption saw a mild shrinkage. The pace of growth appeared the most rapid in 2018 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Industrial Brewery Machinery Production in Asia-Pacific

In value terms, industrial brewery machinery production dropped slightly to $X in 2022 estimated in export price. Overall, production saw a mild slump. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Industrial Brewery Machinery Exports

Exports in Asia-Pacific

In 2022, after two years of decline, there was significant growth in overseas shipments of industrial brewery machinery, when their volume increased by X% to X units. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, industrial brewery machinery exports amounted to $X in 2022. Total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, China (X units) represented the largest exporter of industrial brewery machinery in Asia-Pacific, committing X% of total export.

China was also the fastest-growing in terms of the industrial brewery machinery exports, with a CAGR of X% from 2012 to 2022. While the share of China (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest industrial brewery machinery supplier in Asia-Pacific.

From 2012 to 2022, the average annual growth rate of value in China amounted to X%.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, falling by X% against the previous year. Overall, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Industrial Brewery Machinery Imports

Imports in Asia-Pacific

In 2022, purchases abroad of industrial brewery machinery was finally on the rise to reach X units after two years of decline. Total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 when imports increased by X%. The volume of import peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, industrial brewery machinery imports reduced to $X in 2022. Total imports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of industrial brewery machinery imports in 2022 were Vietnam (X units), Australia (X units), South Korea (X units), Cambodia (X units), Japan (X units), Thailand (X units) and Indonesia (X units), together reaching X% of total import. Lao People's Democratic Republic (X units), Sri Lanka (X units), Malaysia (X units), China (X units), New Zealand (X units) and Nepal (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Vietnam ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Japan, Cambodia, Lao People's Democratic Republic, Sri Lanka, Nepal, New Zealand, Indonesia, Malaysia, China and Thailand lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Japan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, 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 Lao People's Democratic Republic ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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