Eastern Asia: Harrow Market 2020

Harrow Market Size in Eastern Asia

The revenue of the harrow market in Eastern Asia amounted to $X in 2017, reducing by -X% against the previous year. The harrow consumption continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2011, when market value increased by X% against the previous year. In that year, the harrow market reached their peak level of $X. From 2012 to 2017, growth of the harrow market failed to regain its momentum.

Harrow Production in Eastern Asia

In 2017, approx. X units of harrows (excluding disc harrows) were produced in Eastern Asia; picking up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. The volume of harrow production peaked in 2017, and is expected to retain its growth in the immediate term.

Harrow Exports in Eastern Asia

The exports stood at X units in 2017, coming up by X% against the previous year. The harrow exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2017, with an increase of X% year-to-year. In that year, the harrow exports attained their peak volume, and are likely to continue its growth in the immediate term.

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

Harrow Exports by Country in Eastern Asia

China dominates harrow exports structure, finishing at X units, which was approx. X% of total exports in 2017. It was distantly followed by Japan (X units), creating X% share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Japan (+X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. Japan (-X%) and China (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Harrow Export Prices by Country in Eastern Asia

In 2017, the harrow export price in Eastern Asia amounted to $X per unit, coming down by -X% against the previous year. The harrow export price continues to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2011, when it surged by X% y-o-y. In that year, the export prices for harrows (excluding disc harrows) reached their peak level of $X thousand per unit. From 2012 to 2017, growth of the export prices for harrows (excluding disc harrows) failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Japan ($X thousand per unit), while China ($X per unit) 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).

Harrow Imports in Eastern Asia

The imports stood at X units in 2017, falling by -X% against the previous year. The harrow imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009, when imports increased by X% against the previous year. The volume of imports peaked of X units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, harrow imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. In that year, the harrow imports attained their peak level of $X. From 2012 to 2017, growth of the harrow imports failed to regain its momentum.

Harrow Imports by Country in Eastern Asia

South Korea represented the major importing country with an import of around X units, which reached X% of total imports. It was distantly followed by China (X units) and Japan (X units), together making up X% share of total imports. Taiwan, Chinese (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by South Korea (+X% per year), while the other leaders experienced mixed trends in the imports figures.

In value terms, South Korea ($X), China ($X) and Japan ($X) were the countries with the highest levels of imports in 2017, together comprising X% of total imports.

Japan (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Harrow Import Prices by Country in Eastern Asia

The harrow import price in Eastern Asia stood at $X thousand per unit in 2017, picking up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, an increase of 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) stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Taiwan, Chinese ($X thousand per unit), while Japan ($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 China (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform