Middle East: Harrow Market 2020

Harrow Market Size in Middle East

The revenue of the harrow market in Middle East amounted to $X in 2017, shrinking by -X% against the previous year. The harrow consumption continues to indicate a skyrocketing expansion. The pace of growth appeared the most rapid in 2013, with an increase of X% y-o-y. The level of harrow consumption peaked of $X in 2016, and then declined slightly in the following year.

Harrow Production in Middle East

In 2017, production of harrows (excluding disc harrows) in Middle East stood at X units, rising by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed over the period under review. The pace of growth appeared the most rapid in 2016, when the output figure increased by X% year-to-year. Over the period under review, the harrow production reached its maximum volume in 2017, and is expected to retain its growth in the immediate term.

Harrow Exports in Middle East

In 2017, the amount of harrows (excluding disc harrows) exported in Middle East stood at X units, declining by -X% against the previous year. The harrow exports continue to indicate a precipitous deduction. The growth pace was the most rapid in 2015, when it surged by X% y-o-y. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, harrow exports totaled $X in 2017. The harrow exports continue to indicate a measured decrease. 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 Middle East

Turkey was the key exporting country with an export of around X units, which recorded X% of total exports. It was distantly followed by the United Arab Emirates (X units), constituting X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to harrow exports from Turkey stood at -X%. At the same time, the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Turkey increased by X% percentage points, while the United Arab Emirates (-X%) saw their share reduced.

In value terms, Turkey ($X) remains the largest harrow supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Turkey was relatively modest.

Harrow Export Prices by Country in Middle East

In 2017, the harrow export price in Middle East amounted to $X thousand per unit, declining by -X% against the previous year. The harrow export price continues to indicate a skyrocketing growth. The pace of growth appeared the most rapid in 2013, when the export prices increased by X% against the previous year. The level of export price peaked of $X thousand per unit in 2016, and then declined slightly in the following year.

Export prices varied noticeably by the country of destination; the country with the highest export price was Turkey ($X thousand per unit), while the United Arab Emirates ($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 Turkey (+X% per year).

Harrow Imports in Middle East

In 2017, imports of harrows (excluding disc harrows) in Middle East amounted to X units, therefore, remained relatively stable against the previous year. The harrow imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2010, when imports increased by X% y-o-y. Over the period under review, the harrow imports reached its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, harrow imports amounted to $X in 2017. The harrow imports continue to indicate a prominent growth. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Harrow Imports by Country in Middle East

Turkey dominates harrow imports structure, recording X units, which was approx. X% of total imports in 2017. The following importers - Yemen (X units), Bahrain (X units), Lebanon (X units), Israel (X units) and Iran (X units) together made up X% of total imports.

Imports into Turkey increased at an average annual rate of +X% from 2007 to 2017. At the same time, Iran (+X%), Bahrain (+X%) and Israel (+X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Lebanon (-X%) and Yemen (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Yemen increased by X% percentage points, while Iran (-X%), Bahrain (-X%) and Turkey (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported harrows (excluding disc harrows) in Middle East, making up X% of global imports. The second position in the ranking was occupied by Iran ($X), with a X% share of global imports. It was followed by Israel, with a X% share.

In Turkey, harrow imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Iran (+X% per year) and Israel (+X% per year).

Harrow Import Prices by Country in Middle East

In 2017, the harrow import price in Middle East amounted to $X thousand per unit, coming up by X% against the previous year. The harrow import price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. The level of import price peaked of $X thousand per unit in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Iran ($X thousand per unit), while Bahrain ($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 Lebanon (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform