Asia: Forestry Machinery Market 2020

Forestry Machinery Market Size in Asia

The revenue of the forestry machinery market in Asia amounted to $X in 2017, falling by -X% against the previous year. The forestry machinery consumption continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2011, with an increase of X% year-to-year. In that year, the forestry machinery market attained their peak level of $X. From 2012 to 2017, growth of the forestry machinery market failed to regain its momentum.

Forestry Machinery Production in Asia

In 2017, approx. X units of forestry machinery were produced in Asia; declining by -X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed over the period under review. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous year. Over the period under review, the forestry machinery production attained its peak figure volume of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Forestry Machinery Exports in Asia

In 2017, forestry machinery exports in Asia totaled X units, increasing by X% against the previous year. The forestry machinery exports continue to indicate a skyrocketing increase. The pace of growth was the most pronounced in 2015, with an increase of X% against the previous year. Over the period under review, the forestry machinery exports reached its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, forestry machinery exports totaled $X in 2017. The total exports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the forestry machinery exports increased by +X% against 2013 indices. Over the period under review, the forestry machinery exports attained its maximum level in 2017, and are likely to continue its growth in the near future.

Forestry Machinery Exports by Country in Asia

China prevails in forestry machinery exports structure, finishing at X units, which was approx. X% of total exports in 2017. The following exporters - Jordan (X units) and Cyprus (X units) together made up X% of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Jordan (+X%) and Cyprus (+X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Cyprus, Jordan and China decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest forestry machinery supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Cyprus ($X), with a X% share of global exports. It was followed by Jordan, with a X% share.

In China, forestry machinery exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Cyprus (+X% per year) and Jordan (+X% per year).

Forestry Machinery Export Prices by Country in Asia

In 2017, the forestry machinery export price in Asia amounted to $X per unit, going down by -X% against the previous year. The forestry machinery export price continues to indicate a drastic downturn. The growth pace was the most rapid in 2011, when the export prices increased by X% against the previous year. In that year, the export prices for forestry machinery reached their peak level of $X per unit. From 2012 to 2017, growth of the export prices for forestry machinery stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was China ($X per unit), while Jordan ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Cyprus (-X% per year), while the other leaders experienced a decline in the export price figures.

Forestry Machinery Imports in Asia

In 2017, imports of forestry machinery in Asia stood at X units, increasing by X% against the previous year. The forestry machinery imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2015, with an increase of X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, forestry machinery imports stood at $X in 2017. The total imports indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Forestry Machinery Imports by Country in Asia

In 2017, China (X units) and Thailand (X units) represented the major importers of forestry machinery in the globe, together committing X% of total imports. South Korea (X units) ranks second in terms of the global imports with a X% share, followed by Japan (X%), Bangladesh (X%), Sri Lanka (X%), Nepal (X%) and the Philippines (X%).

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nepal (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest forestry machinery markets worldwide were China ($X), Japan ($X) and the Philippines ($X), together comprising X% of total imports. Bangladesh, Thailand, South Korea, Nepal and Sri Lanka lagged somewhat behind, together accounting for a further X%.

Among the main importing countries , Nepal (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Forestry Machinery Import Prices by Country in Asia

The forestry machinery import price in Asia stood at $X per unit in 2017, falling by -X% against the previous year. The forestry machinery import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% y-o-y. The level of import price peaked of $X thousand per unit in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was the Philippines ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Philippines (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform