Australia and Oceania: Harrow Market 2020

Harrow Market Size in Australia and Oceania

The revenue of the harrow market in Australia and Oceania amounted to $X in 2017, coming down by -X% against the previous year. The harrow consumption continues to indicate a deep setback. The pace of growth was the most pronounced in 2010, when market value increased by X% year-to-year. In that year, the harrow market attained their peak level of $X. From 2011 to 2017, growth of the harrow market failed to regain its momentum.

Harrow Production in Australia and Oceania

In 2017, approx. X units of harrows (excluding disc harrows) were produced in Australia and Oceania; going up by X% against the previous year. The total output indicated a slight increase 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 production decreased by -X% against 2013 indices. The pace of growth was the most pronounced in 2013, when it surged by X% y-o-y. In that year, the harrow production reached their peak volume of X units. From 2014 to 2017, growth of the harrow production failed to regain its momentum.

Harrow Exports in Australia and Oceania

In 2017, the amount of harrows (excluding disc harrows) exported in Australia and Oceania stood at X units, picking up by X% against the previous year. The harrow exports continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2012, with an increase of X% against the previous year. The volume of exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, harrow exports stood at $X in 2017. The total export value 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. In that year, the harrow exports attained their peak level of $X. From 2015 to 2017, growth of the harrow exports failed to regain its momentum.

Harrow Exports by Country in Australia and Oceania

The countries with the highest levels of harrow exports in 2017 were Australia (X units), together resulting at X% of total export.

Australia was also the fastest growing in terms of the harrows (excluding disc harrows) exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of Australia decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest harrow supplier in Australia and Oceania.

In Australia, harrow exports expanded at an average annual rate of +X% over the period from 2007-2017.

Harrow Export Prices by Country in Australia and Oceania

The harrow export price in Australia and Oceania stood at $X per unit in 2017, waning by -X% against the previous year. The harrow export price continues to indicate an abrupt slump. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. In that year, the export prices for harrows (excluding disc harrows) attained their peak level of $X thousand per unit. From 2011 to 2017, growth of the export prices for harrows (excluding disc harrows) failed to regain its momentum.

As there is only one major export destination, the average price level is determined by export prices for Australia.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Australia (-X% per year).

Harrow Imports in Australia and Oceania

In 2017, the amount of harrows (excluding disc harrows) imported in Australia and Oceania stood at X units, lowering by -X% against the previous year. The total imports indicated a prominent increase 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 decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2008, when imports increased by X% y-o-y. The volume of imports peaked of X units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, harrow imports totaled $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. Based on 2017 figures, the harrow imports increased by +X% against 2015 indices. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Harrow Imports by Country in Australia and Oceania

In 2017, Australia (X units) was the main importer for harrows (excluding disc harrows), creating X% of total imports. It was distantly followed by New Zealand (X units), committing X% share 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 New Zealand (+X% per year).

In value terms, Australia ($X) constitutes the largest market for imported harrows (excluding disc harrows) in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports.

In Australia, harrow imports increased at an average annual rate of +X% over the period from 2007-2017.

Harrow Import Prices by Country in Australia and Oceania

The harrow import price in Australia and Oceania stood at $X thousand per unit in 2017, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Over the period under review, the import prices for harrows (excluding disc harrows) attained its peak figure level of $X thousand per unit in 2014; however, from 2015 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 Australia ($X thousand per unit), while New Zealand ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Australia (+X% per year).

Source: IndexBox Platform