Asia: Poultry-Keeping Machinery Market 2024

Poultry-Keeping Machinery Market Size in Asia

In 2022, the Asian poultry-keeping machinery market increased by 4.1% to $X, rising for the third year in a row after two years of decline. In general, consumption, however, recorded a mild slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Poultry-Keeping Machinery Production in Asia

In value terms, poultry-keeping machinery production expanded to $X in 2022 estimated in export price. In general, production, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by 13%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Poultry-Keeping Machinery Exports

Exports in Asia

After two years of growth, shipments abroad of poultry-keeping machinery decreased by -16.1% to X units in 2022. Over the period under review, exports, however, recorded prominent growth. The growth pace was the most rapid in 2018 with an increase of 43%. Over the period under review, the exports attained the peak figure at X units in 2021, and then contracted significantly in the following year.

In value terms, poultry-keeping machinery exports expanded to $X in 2022. Total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 +91.3% against 2013 indices. The most prominent rate of growth was recorded in 2018 with an increase of 27%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

China represented the key exporter of poultry-keeping machinery in Asia, with the volume of exports amounting to X units, which was approx. 48% of total exports in 2022. Malaysia (X units) ranks second in terms of the total exports with a 23% share, followed by Turkey (20%). India (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +9.3% from 2012 to 2022. At the same time, India (+15.5%), Malaysia (+7.2%) and Turkey (+4.7%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of +15.5% from 2012-2022. While the share of China (+10 p.p.) and India (+2.5 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (-4.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Malaysia ($X) and Turkey ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 87% of total exports. These countries were followed by India, which accounted for a further 6.1%.

India, with a CAGR of +17.0%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, with an increase of 21% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.3%), while the other leaders experienced mixed trends in the export price figures.

Poultry-Keeping Machinery Imports

Imports in Asia

Poultry-keeping machinery imports fell to X units in 2022, waning by -9.1% compared with the previous year. In general, imports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2017 when imports increased by 40% against the previous year. Over the period under review, imports reached the peak figure at X units in 2021, and then declined in the following year.

In value terms, poultry-keeping machinery imports reduced notably to $X in 2022. Total imports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.8% 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 +9.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 43%. Over the period under review, imports reached the maximum at $X in 2021, and then shrank markedly in the following year.

Imports by Country

In 2022, Iraq (X units), distantly followed by Thailand (X units), Indonesia (X units), Malaysia (X units) and Japan (X units) represented the largest importers of poultry-keeping machinery, together creating 58% of total imports. China (X units), Bangladesh (X units), South Korea (X units), the Philippines (X units), Vietnam (X units), Taiwan (Chinese) (X units), Uzbekistan (X units) and Israel (X units) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Iraq (with a CAGR of +31.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Iraq ($X), Indonesia ($X) and Malaysia ($X) constituted the countries with the highest levels of imports in 2022, with a combined 37% share of total imports.

Among the main importing countries, Iraq, with a CAGR of +29.3%, recorded the highest growth rate of 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

In 2022, the import price in Asia amounted to $X per unit, falling by -7% against the previous year. In general, the import price saw a perceptible decline. The pace of growth appeared the most rapid in 2018 when the import price increased by 4.3% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+3.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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