South-Eastern 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 South-Eastern Asia

In 2021, the Southeast Asian market for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables decreased by -6.7% to $X, falling for the third consecutive year after seven years of growth. The total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -27.9% against 2018 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

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

In value terms, production of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables rose remarkably to $X in 2021 estimated in export price. In general, production posted resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of 61%. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

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

Exports in South-Eastern Asia

In 2021, the amount of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables exported in South-Eastern Asia reduced sharply to X units, with a decrease of -17.9% on 2020. Total exports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +23.2% against 2017 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 80%. The volume of export peaked at X units in 2016; however, from 2017 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 soared to $X in 2021. Total exports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% 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 +49.8% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 63%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Thailand prevails in vegetables structure, reaching X units, which was approx. 77% of total exports in 2021. Vietnam (X units) took the second position in the ranking, followed by Malaysia (X units) and Singapore (X units). All these countries together held near 19% share of total exports. Indonesia (X units) followed a long way behind the leaders.

Exports from Thailand increased at an average annual rate of +20.7% from 2012 to 2021. At the same time, Indonesia (+21.1%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +21.1% from 2012-2021. By contrast, Vietnam (-4.3%), Singapore (-8.9%) and Malaysia (-19.6%) illustrated a downward trend over the same period. Thailand (+59 p.p.) and Indonesia (+1.9 p.p.) significantly strengthened its position in terms of the total exports, while Vietnam, Singapore and Malaysia saw its share reduced by -7.7%, -8.7% and -45.5% from 2012 to 2021, respectively.

In value terms, Thailand ($X) remains the largest seed cleaning, sorting and grading machine supplier in South-Eastern Asia, comprising 85% of total exports. The second position in the ranking was held by Vietnam ($X), with a 6.7% share of total exports. It was followed by Singapore, with a 4.9% share.

In Thailand, exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables expanded at an average annual rate of +22.4% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+0.0% per year) and Singapore (-9.8% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2021, picking up by 45% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. As a result, the export 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 exporting countries. In 2021, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+4.5%), 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 South-Eastern Asia

In 2021, supplies from abroad of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables decreased by -26.7% to X units for the first time since 2017, thus ending a three-year rising trend. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 38%. Over the period under review, imports of reached the peak figure at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, imports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables contracted dramatically to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 45% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Indonesia represented the key importing country with an import of around X units, which recorded 39% of total imports. Vietnam (X units) took the second position in the ranking, distantly followed by Myanmar (X units), the Philippines (X units), Cambodia (X units) and Thailand (X units). All these countries together took near 56% share of total imports. Malaysia (X units) took a relatively small share of total imports.

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, the largest seed cleaning, sorting and grading machine importing markets in South-Eastern Asia were Vietnam ($X), Indonesia ($X) and the Philippines ($X), with a combined 66% share of total imports.

Vietnam, with a CAGR of +12.7%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per unit, surging by 6.4% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 20%. Over the period under review, import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Thailand ($X per unit), while Indonesia ($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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