Eastern Asia: Manure Spreader Market 2025

Manure Spreader Market Size in Eastern Asia

The East Asian manure spreader market rose modestly to $X in 2022, increasing by 3.2% against the previous year. The market value increased at an average annual rate of +3.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

Manure Spreader Production in Eastern Asia

In value terms, manure spreader production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 11% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Manure Spreader Exports

Exports in Eastern Asia

In 2022, approx. X units of manure spreaders and fertilizer distributors were exported in Eastern Asia; jumping by 104% compared with the year before. Overall, exports recorded a pronounced expansion. The pace of growth was the most pronounced in 2020 with an increase of 392% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, manure spreader exports fell modestly to $X in 2022. In general, exports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 115%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

China dominates exports structure, recording X units, which was approx. 94% of total exports in 2022. South Korea (X units) and Taiwan (Chinese) (X units) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to manure spreader exports from China stood at +5.7%. At the same time, Taiwan (Chinese) (+7.2%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +7.2% from 2012-2022. By contrast, South Korea (-4.1%) illustrated a downward trend over the same period. While the share of China (+9.6 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Korea (-5.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest manure spreader supplier in Eastern Asia, comprising 61% of total exports. The second position in the ranking was taken by South Korea ($X), with a 23% share of total exports.

In China, manure spreader exports decreased by an average annual rate of -7.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (+5.8% per year) and Taiwan (Chinese) (+20.4% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, falling by -51.7% against the previous year. Overall, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2021 an increase of 102%. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.3%), while the other leaders experienced mixed trends in the export price figures.

Manure Spreader Imports

Imports in Eastern Asia

In 2022, purchases abroad of manure spreaders and fertilizer distributors decreased by 0% to X units for the first time since 2017, thus ending a four-year rising trend. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by 47% against the previous year. The volume of import peaked at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, manure spreader imports dropped to $X in 2022. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of 54%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Taiwan (Chinese) (X units) and South Korea (X units) dominates imports structure, together committing 91% of total imports. It was distantly followed by Hong Kong SAR (X units), generating an 8.5% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Taiwan (Chinese) (with a CAGR of +10.3%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest manure spreader importing markets in Eastern Asia were South Korea ($X), Taiwan (Chinese) ($X) and Hong Kong SAR ($X), together accounting for 100% of total imports.

Taiwan (Chinese), with a CAGR of +13.5%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, which is down by -3.4% against the previous year. Import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manure spreader import price increased by +82.0% against 2015 indices. The growth pace was the most rapid in 2017 an increase of 48%. Over the period under review, import prices reached the maximum at $X per unit in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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