Eastern Asia: Non-Electric Mower Market 2022

Non-Electric Mower Market Size in Eastern Asia

In 2020, after two years of growth, there was significant decline in the East Asian non-electric mower market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2019, and then contracted in the following year.

Non-Electric Mower Production in Eastern Asia

In value terms, non-electric mower production dropped to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when the production volume increased by X% year-to-year. Over the period under review, production attained the maximum level at $X in 2019, and then dropped in the following year.

Production By Country in Eastern Asia

The country with the largest volume of non-electric mower production was China (X tons), comprising approx. X% of total volume. Moreover, non-electric mower production in China exceeded the figures recorded by the second-largest producer, Japan (X tons), fivefold. The third position in this ranking was occupied by South Korea (X tons), with a X% share.

In China, non-electric mower production expanded at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Japan (-X% per year) and South Korea (+X% per year).

Non-Electric Mower Exports

Exports in Eastern Asia

In 2020, shipments abroad of non-electric mowers for lawns, parks or sports grounds decreased by -X% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. The volume of export peaked at X tons in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, non-electric mower exports fell slightly to $X in 2020. Over the period under review, exports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. The level of export peaked at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

China dominates non-electric mower exports structure, resulting at X tons, which was approx. X% of total exports in 2020. Japan (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the non-electric mowers for lawns, parks or sports grounds exports, with a CAGR of +X% from 2007 to 2020. Japan (-X%) illustrated a downward trend over the same period. China (+X p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, China ($X) remains the largest non-electric mower supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports.

In China, non-electric mower exports increased at an average annual rate of +X% over the period from 2007-2020.

Export Prices by Country

The non-electric mower export price in Eastern Asia stood at $X per ton in 2020, almost unchanged from the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 when the export price increased by X% y-o-y. The level of export peaked at $X per ton in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per ton), while China totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China.

Non-Electric Mower Imports

Imports in Eastern Asia

In 2020, overseas purchases of non-electric mowers for lawns, parks or sports grounds increased by X% to X tons, rising for the second year in a row after two years of decline. Total imports indicated a measured expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2020, imports remained at a lower figure.

In value terms, non-electric mower imports expanded markedly to $X in 2020. Overall, imports saw moderate growth. The pace of growth was the most pronounced in 2012 when imports increased by X% against the previous year. The level of import peaked at $X in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

Imports by Country

Japan was the major importing country with an import of around X tons, which recorded X% of total imports. South Korea (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by China (X%). Hong Kong SAR (X tons) and Democratic People's Republic of Korea (X tons) followed a long way behind the leaders.

Imports into Japan increased at an average annual rate of +X% from 2007 to 2020. At the same time, Democratic People's Republic of Korea (+X%), South Korea (+X%) and Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, Democratic People's Republic of Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +X% from 2007-2020. By contrast, China (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of South Korea and Democratic People's Republic of Korea increased by +X% and +X% percentage points, while China (-X p.p.) and Japan (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported non-electric mowers for lawns, parks or sports grounds in Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Japan totaled +X%. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and China (+X% per year).

Import Prices by Country

In 2020, the non-electric mower import price in Eastern Asia amounted to $X per ton, which is down by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. Over the period under review, import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($X per ton), while Democratic People's Republic of Korea ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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