Asia: Agricultural Seeder Market 2020

Agricultural Seeder Market Size in Asia

The revenue of the agricultural seeder market in Asia amounted to $X in 2017, coming up by X% against the previous year. The agricultural seeder consumption continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2010, when market value increased by X% y-o-y. Over the period under review, the agricultural seeder market attained its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Agricultural Seeder Production in Asia

In 2017, approx. X units of seeders for agricultural or horticultural use (excluding central driven precision spacing seeders) were produced in Asia; remaining constant 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 only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2011, when the output figure increased by X% against the previous year. Over the period under review, the agricultural seeder production attained its maximum volume in 2017, and is likely to see steady growth in the immediate term.

Agricultural Seeder Exports in Asia

In 2017, agricultural seeder exports in Asia totaled X units, shrinking by -X% against the previous year. The agricultural seeder exports continue to indicate a modest increase. The growth pace was the most rapid in 2009, when it surged by X% year-to-year. The volume of exports peaked of X units in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, agricultural seeder exports totaled $X in 2017. The total exports 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. Based on 2017 figures, the agricultural seeder exports increased by +X% against 2015 indices. In that year, the agricultural seeder exports reached their peak level of $X, and then declined slightly in the following year.

Agricultural Seeder Exports by Country in Asia

Japan was the largest exporter of seeders for agricultural or horticultural use (excluding central driven precision spacing seeders) in Asia, with the volume of exports resulting at X units, which was near X% of total exports in 2017. It was distantly followed by China (X units) and Turkey (X units), together mixed up X% share of total exports. South Korea (X units) followed a long way behind the leaders.

Japan experienced a relatively flat trend pattern of seeders for agricultural or horticultural use (excluding central driven precision spacing seeders) exports. At the same time, China (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. Turkey experienced a relatively flat trend pattern. While the share of Japan (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Japan, agricultural seeder exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: China (+X% per year) and Turkey (-X% per year).

Agricultural Seeder Export Prices by Country in Asia

In 2017, the agricultural seeder export price in Asia amounted to $X thousand per unit, increasing by X% against the previous year. The export price indicated a remarkable growth from 2007 to 2017: its price 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 agricultural seeder export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when the export prices increased by X% year-to-year. Over the period under review, the export prices for seeders for agricultural or horticultural use (excluding central driven precision spacing seeders) reached its peak figure level in 2017, and is expected to retain its growth in the near future.

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 ($X thousand per unit), while Turkey ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

Agricultural Seeder Imports in Asia

In 2017, approx. X units of seeders for agricultural or horticultural use (excluding central driven precision spacing seeders) were imported in Asia; therefore, remained relatively stable against the previous year. The agricultural seeder imports continue to indicate a moderate deduction. The pace of growth was the most pronounced in 2015, when it surged by X% year-to-year. The volume of imports peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, agricultural seeder imports stood at $X in 2017. The agricultural seeder imports continue to indicate a moderate deduction. In that year, the agricultural seeder imports reached their peak level of $X. From 2009 to 2017, growth of the agricultural seeder imports stood at a somewhat lower level.

Agricultural Seeder Imports by Country in Asia

India dominates agricultural seeder imports structure, resulting at X units, which was approx. X% of total imports in 2017. China (X units) occupied the second position in the ranking, followed by South Korea (X units). All these countries together took approx. X% share of total imports. Kazakhstan (X units), Bahrain (X units), Nepal (X units), Thailand (X units) and Cambodia (X units) occupied the weak share of total imports.

From 2007 to 2017, average annual rates of growth with regard to agricultural seeder imports into India stood at +X%. At the same time, Cambodia (+X%) and Bahrain (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. South Korea experienced a relatively flat trend pattern. By contrast, Kazakhstan (-X%), China (-X%), Nepal (-X%) and Thailand (-X%) illustrated a downward trend over the same period. Thailand (X%), China (X%) and Nepal (X%) significantly strengthened its position in terms of the global imports, while Cambodia, Bahrain and India saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest agricultural seeder markets worldwide were South Korea ($X), China ($X) and Kazakhstan ($X), with a combined X% share of total imports. India, Thailand, Cambodia, Nepal and Bahrain lagged somewhat behind, together comprising a further X%.

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

Agricultural Seeder Import Prices by Country in Asia

The agricultural seeder import price in Asia stood at $X thousand per unit in 2017, therefore, remained relatively stable against the previous year. The agricultural seeder import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. The level of import price peaked of $X thousand per unit in 2013; however, from 2014 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 South Korea ($X thousand per unit), while Bahrain ($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