ASEAN - Disc Harrows - Market Analysis, Forecast, Size, Trends and Insights
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Disc Harrow Market Size in ASEAN
The ASEAN disc harrow market fell rapidly to $X in 2021, reducing by -15.2% against the previous year. Over the period under review, consumption, however, continues to indicate a remarkable increase. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.
Disc Harrow Production in ASEAN
In value terms, disc harrow production fell modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 41%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.
Disc Harrow Exports
Exports in ASEAN
Disc harrow exports surged to X units in 2021, picking up by 97% compared with the year before. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 114%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.
In value terms, disc harrow exports reached $X in 2021. Over the period under review, exports posted a buoyant expansion. The pace of growth was the most pronounced in 2015 with an increase of 56% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.
Exports by Country
Thailand (X units) represented roughly 100% of total exports in 2021.
Thailand was also the fastest-growing in terms of the disc harrows exports, with a CAGR of +25.4% from 2012 to 2021. Thailand (+2.1 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Thailand ($X) also remains the largest disc harrow supplier in ASEAN.
In Thailand, disc harrow exports expanded at an average annual rate of +15.1% over the period from 2012-2021.
Export Prices by Country
The export price in ASEAN stood at $X per unit in 2021, dropping by -42.4% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the export price increased by 15% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2012 to 2021, the rate of growth in terms of prices for Thailand amounted to -8.2% per year.
Disc Harrow Imports
Imports by Country
Cambodia represented the largest importer of disc harrows in ASEAN, with the volume of imports recording X units, which was near 69% of total imports in 2021. It was distantly followed by Myanmar (X units) and Lao People's Democratic Republic (X units), together constituting a 22% share of total imports. The following importers - Indonesia (X units) and the Philippines (X units) - each finished at a 5.6% share of total imports.
Imports into Cambodia increased at an average annual rate of +25.3% from 2012 to 2021. At the same time, Myanmar (+38.5%), the Philippines (+19.5%), Indonesia (+12.1%) and Lao People's Democratic Republic (+1.2%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in ASEAN, with a CAGR of +38.5% from 2012-2021. From 2012 to 2021, the share of Cambodia and Myanmar increased by +26 and +11 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Cambodia ($X) constitutes the largest market for imported disc harrows in ASEAN, comprising 57% of total imports. The second position in the ranking was taken by Myanmar ($X), with a 25% share of total imports. It was followed by Lao People's Democratic Republic, with a 6.2% share.
In Cambodia, disc harrow imports increased at an average annual rate of +19.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Myanmar (+38.4% per year) and Lao People's Democratic Republic (-4.3% per year).
Source: IndexBox Platform
This report provides an in-depth analysis of the disc harrow market in ASEAN. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28303220 - Disc harrows
Country coverage:
- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Vietnam
- Lao People's Democratic Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ASEAN, split by region and country
- Trade (exports and imports) in ASEAN
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Vietnam
- Lao People's Democratic Republic
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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