EU: Harrow Market 2020

Harrow Market Size in the EU

The revenue of the harrow market in the European Union amounted to $X in 2017, reducing by -X% against the previous year. The harrow consumption continues to indicate a perceptible deduction. The pace of growth appeared the most rapid in 2008, with an increase of X% y-o-y. In that year, the harrow market reached their peak level of $X. From 2009 to 2017, growth of the harrow market failed to regain its momentum.

Harrow Production in the EU

In 2017, approx. X units of harrows (excluding disc harrows) were produced in the European Union; rising by X% against the previous year. The harrow production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012, with an increase of X% y-o-y. Over the period under review, the harrow production reached its peak figure volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Harrow Exports in the EU

In 2017, approx. X units of harrows (excluding disc harrows) were exported in the European Union; picking up by X% against the previous year. The total exports indicated a prominent expansion 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 exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2009, when exports increased by X% against the previous year. The volume of exports peaked of X units in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, harrow exports totaled $X in 2017. The total exports indicated a moderate growth 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 exports increased by +X% against 2015 indices. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Harrow Exports by Country in the EU

The Czech Republic represented the major exporter of harrows (excluding disc harrows) in the European Union, with the volume of exports recording X units, which was approx. X% of total exports in 2017. It was distantly followed by Belgium (X units), Germany (X units), Italy (X units), Sweden (X units) and France (X units), together achieving X% share of total exports. Bulgaria (X units) followed a long way behind the leaders.

Exports from the Czech Republic increased at an average annual rate of +X% from 2007 to 2017. At the same time, Germany (+X%), Bulgaria (+X%), Belgium (+X%) and Sweden (+X%) displayed positive paces of growth. Moreover, Germany emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. By contrast, Italy (-X%) and France (-X%) illustrated a downward trend over the same period. France (X%) significantly strengthened its position in terms of the global exports, while Bulgaria, Belgium, Germany and the Czech Republic saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest harrow supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Italy ($X), with a X% share of global exports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Germany amounted to +X%. In the other countries, the average annual rates were as follows: Italy (-X% per year) and France (-X% per year).

Harrow Export Prices by Country in the EU

In 2017, the harrow export price in the European Union amounted to $X per unit, dropping by -X% against the previous year. The harrow export price continues to indicate a significant curtailment. The most prominent rate of growth was recorded in 2008, 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 2009 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 Germany ($X thousand per unit), while the Czech Republic ($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 Bulgaria (+X% per year), while the other leaders experienced more modest paces of growth.

Harrow Imports in the EU

The imports stood at X units in 2017, going down by -X% against the previous year. The harrow imports continue to indicate a temperate drop. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. In that year, the harrow imports reached their peak volume of X units. From 2011 to 2017, growth of the harrow imports stood at a somewhat lower level.

In value terms, harrow imports amounted to $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. Over the period under review, the harrow imports reached its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Harrow Imports by Country in the EU

The UK (X units) and France (X units) represented the major importers of harrows (excluding disc harrows) in 2017, resulting at near X% and X% of total imports, respectively. Poland (X units) ranks second in terms of the global imports with a X% share, followed by the Czech Republic (X%), Germany (X%), Spain (X%), the Netherlands (X%), Italy (X%), Bulgaria (X%) and Romania (X%).

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Germany (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest harrow markets worldwide were France ($X), Germany ($X) and the UK ($X), together comprising X% of total imports. Romania, Poland, Bulgaria, Italy, the Netherlands, the Czech Republic and Spain lagged somewhat behind, together accounting for a further X%.

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

Harrow Import Prices by Country in the EU

In 2017, the harrow import price in the European Union amounted to $X per unit, picking up by X% against the previous year. The import price indicated a remarkable growth from 2007 to 2017: its price 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 import price increased by +X% against 2015 indices. The growth pace was the most rapid in 2011, an increase of X% against the previous year. The level of import price peaked in 2017, and is expected to retain its growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X thousand per unit), while the UK ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the UK (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform