South-Eastern Asia: Poultry-Keeping Machinery Market 2024

Poultry-Keeping Machinery Market Size in South-Eastern Asia

In 2022, the Southeast Asian poultry-keeping machinery market increased by 7.1% to $X, rising for the third consecutive year after two years of decline. Overall, consumption recorded a resilient expansion. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Poultry-Keeping Machinery Production in South-Eastern Asia

In value terms, poultry-keeping machinery production totaled $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 when the production volume increased by 60%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Poultry-Keeping Machinery Exports

Exports in South-Eastern Asia

In 2022, the amount of poultry-keeping machinery exported in South-Eastern Asia soared to X units, picking up by 19% compared with 2021. Overall, exports posted a buoyant expansion. The growth pace was the most rapid in 2018 when exports increased by 44%. Over the period under review, the exports attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, poultry-keeping machinery exports surged to $X in 2022. Over the period under review, exports showed a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of 50%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia prevails in exports structure, recording X units, which was approx. 95% of total exports in 2022. The following exporters - Thailand (X units) and Singapore (X units) - each amounted to a 4.1% share of total exports.

Malaysia was also the fastest-growing in terms of the poultry-keeping machinery exports, with a CAGR of +7.2% from 2012 to 2022. At the same time, Singapore (+4.5%) displayed positive paces of growth. By contrast, Thailand (-2.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Malaysia increased by +4.3 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) remains the largest poultry-keeping machinery supplier in South-Eastern Asia, comprising 96% of total exports. The second position in the ranking was taken by Singapore ($X), with a 2% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Malaysia amounted to +7.4%. In the other countries, the average annual rates were as follows: Singapore (+4.5% per year) and Thailand (-9.5% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, rising by 2% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the export price increased by 8.3%. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 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 Malaysia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+0.2%), while the other leaders experienced a decline in the export price figures.

Poultry-Keeping Machinery Imports

Imports in South-Eastern Asia

For the fourth year in a row, South-Eastern Asia recorded growth in overseas purchases of poultry-keeping machinery, which increased by less than 0.1% to X units in 2022. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of 44%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, poultry-keeping machinery imports dropped modestly to $X in 2022. Over the period under review, imports showed a prominent expansion. The growth pace was the most rapid in 2017 with an increase of 48% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then declined modestly in the following year.

Imports by Country

Thailand (X units) and Indonesia (X units) represented roughly 61% of total imports in 2022. Malaysia (X units) took the next position in the ranking, distantly followed by the Philippines (X units) and Vietnam (X units). All these countries together took near 36% share of total imports. Cambodia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Cambodia (with a CAGR of +54.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Malaysia ($X) and the Philippines ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 69% share of total imports. Thailand, Vietnam and Cambodia lagged somewhat behind, together accounting for a further 28%.

Cambodia, with a CAGR of +45.6%, saw the highest rates of growth with regard to 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

The import price in South-Eastern Asia stood at $X per unit in 2022, which is down by -4.7% against the previous year. In general, the import price showed a pronounced descent. The growth pace was the most rapid in 2018 an increase of 19%. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: 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 the Philippines (+1.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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