Report Update Nov 1, 2024

Pakistan - Hay-Making Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Hay-Making Machinery Market 2024

Hay-Making Machinery Market Size in Pakistan

In 2021, the Pakistani hay-making machinery market decreased by -7.1% to $X for the first time since 2018, thus ending a two-year rising trend. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Hay-making machinery consumption peaked at $X in 2020, and then fell in the following year.

Hay-Making Machinery Production in Pakistan

In value terms, hay-making machinery production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by 33%. Hay-making machinery production peaked at $X in 2020, and then reduced in the following year.

Hay-Making Machinery Exports

Exports from Pakistan

In 2021, after three years of growth, there was decline in shipments abroad of hay-making machinery, when their volume decreased by 0% to X units. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 100% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, hay-making machinery exports stood at $X in 2021. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 448% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Afghanistan (X units) was the main destination for hay-making machinery exports from Pakistan, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Afghanistan amounted to +32.0%.

In value terms, Afghanistan ($X) emerged as the key foreign market for hay-making machinery exports from Pakistan.

From 2012 to 2021, the average annual rate of growth in terms of value to Afghanistan amounted to +72.2%.

Export Prices by Country

The average hay-making machinery export price stood at $X per unit in 2021, remaining constant against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 572% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Afghanistan.

From 2012 to 2021, the rate of growth in terms of prices for Afghanistan amounted to -0.0% per year.

Hay-Making Machinery Imports

Imports into Pakistan

For the third year in a row, Pakistan recorded decline in supplies from abroad of hay-making machinery, which decreased by -33.3% to X units in 2021. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 167% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, hay-making machinery imports fell significantly to $X in 2021. Over the period under review, imports recorded a precipitous shrinkage. The growth pace was the most rapid in 2013 with an increase of 170%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Hong Kong SAR (X units) constituted the largest hay-making machinery supplier to Pakistan, accounting for a approx. 50% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Hong Kong SAR was relatively modest.

In value terms, Poland ($X) constituted the largest supplier of hay-making machinery to Pakistan, comprising 5.4% of total imports. The second position in the ranking was held by Germany ($X), with a 1.3% share of total imports. It was followed by South Korea, with a 0.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland amounted to -34.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-42.9% per year) and South Korea (-39.3% per year).

Import Prices by Country

The average hay-making machinery import price stood at $X per unit in 2021, dropping by -43.9% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of 47%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-3.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hay-making machinery in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 43% share of global consumption. Pakistan, Russia, Nigeria, Brazil, Indonesia, France, Ethiopia, Canada, Germany and Spain lagged somewhat behind, together comprising a further 26%.

What are the largest producers of hay-making machinery in the world?

China constituted the country with the largest volume of hay-making machinery production, accounting for 22% of total volume. Moreover, hay-making machinery production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with an 8.7% share.

What are the leading importers of hay-making machinery from Pakistan?

In value terms, Afghanistan remains the key foreign market for hay-making machinery exports from Pakistan.

What is the average export price for hay-making machinery in Pakistan?

The average hay-making machinery export price stood at $11,504 per unit in 2021, increasing by 13% against the previous year.

This report provides an in-depth analysis of the hay-making machinery market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28305200 - Hay-making machinery

Country coverage:

Pakistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Pakistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023