China: Mower Market 2024

Mower Market Size in China

The Chinese mower market surged to $X in 2022, picking up by X% against the previous year. Overall, consumption, however, showed a deep setback. Mower consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Mower Production in China

In value terms, mower production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Mower production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Mower Exports

Exports from China

In 2022, after five years of growth, there was significant decline in overseas shipments of mowers, when their volume decreased by X% to X units. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X units, and then reduced in the following year.

In value terms, mower exports reached $X in 2022. Over the period under review, exports, however, saw a prominent expansion. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X units), Germany (X units) and France (X units) were the main destinations of mower exports from China, together accounting for X% of total exports. Australia, the UK, Poland, Italy, the Netherlands, Canada, Russia, Belgium, Sweden and the Czech Republic lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for mowers exports from China, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the average mower export price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price, however, saw a abrupt decrease. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Mower Imports

Imports into China

After two years of growth, supplies from abroad of mowers decreased by X% to X units in 2022. In general, imports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, mower imports contracted slightly to $X in 2022. Over the period under review, imports showed a mild downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X units) constituted the largest mower supplier to China, accounting for a X% share of total imports. Moreover, mower imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X units), eightfold. The third position in this ranking was held by France (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

In value terms, the United States ($X) constituted the largest supplier of mowers to China, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average mower import price amounted to $X per unit, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 an increase of X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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