Asia: Harrow Market 2020

Harrow Market Size in Asia

The revenue of the harrow market in Asia amounted to $X in 2017, waning by -X% against the previous year. The harrow consumption continues to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. In that year, the harrow market attained their peak level of $X. From 2012 to 2017, growth of the harrow market failed to regain its momentum.

Harrow Production in Asia

In 2017, production of harrows (excluding disc harrows) in Asia amounted to X units, rising by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2010, when the output figure increased by X% y-o-y. The volume of harrow production peaked in 2017, and is likely to continue its growth in the immediate term.

Harrow Exports in Asia

The exports stood at X units in 2017, jumping by X% against the previous year. The harrow exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. Over the period under review, the harrow exports reached its peak figure volume in 2017, and are likely to continue its growth in the near future.

In value terms, harrow exports amounted to $X in 2017. The harrow exports continue to indicate a remarkable growth. Over the period under review, the harrow exports attained its peak figure level in 2017, and are expected to retain its growth in the near future.

Harrow Exports by Country in Asia

In 2017, China (X units) was the largest exporter for harrows (excluding disc harrows), mixed up X% of total exports. India (X units) occupied the second position in the ranking, distantly followed by Thailand (X units). All these countries together occupied approx. X% share of total exports. Japan (X units) took the slight share of total exports.

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

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

In China, harrow 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: Japan (+X% per year) and Thailand (+X% per year).

Harrow Export Prices by Country in Asia

In 2017, the harrow export price in Asia amounted to $X per unit, lowering by -X% against the previous year. The harrow export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, when the export prices increased by X% y-o-y. In that year, the export prices for harrows (excluding disc harrows) attained their peak level of $X per unit. From 2012 to 2017, growth of the export prices for harrows (excluding disc harrows) failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X thousand per unit), while India ($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 China (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Harrow Imports in Asia

In 2017, imports of harrows (excluding disc harrows) in Asia stood at X units, remaining relatively unchanged against the previous year. The total imports indicated a strong growth from 2007 to 2017: its volume 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 harrow imports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2014, when imports increased by X% year-to-year. Over the period under review, the harrow imports attained its maximum volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, harrow imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. In that year, the harrow imports attained their peak level of $X. From 2009 to 2017, growth of the harrow imports failed to regain its momentum.

Harrow Imports by Country in Asia

In 2017, Turkey (X units), distantly followed by India (X units), Kazakhstan (X units), South Korea (X units) and Nepal (X units) represented the largest importers of harrows (excluding disc harrows), together constituting X% of total imports. The following importers - China (X units), Malaysia (X units), Georgia (X units), Japan (X units), the Philippines (X units), Bangladesh (X units) and Mongolia (X units) together made up X% of total imports.

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

In value terms, South Korea ($X), China ($X) and Kazakhstan ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports. These countries were followed by Turkey, Japan, India, Nepal, the Philippines, Georgia, Bangladesh, Mongolia and Malaysia, which together accounted for a further X%.

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

Harrow Import Prices by Country in Asia

The harrow import price in Asia stood at $X thousand per unit in 2017, rising by X% against the previous year. The harrow import price continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2008, when the import prices increased by X% year-to-year. In that year, the import prices for harrows (excluding disc harrows) attained their peak level of $X thousand per unit. From 2009 to 2017, growth of the import prices for harrows (excluding disc harrows) failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China ($X thousand per unit), while Malaysia ($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 Nepal (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform