Moldova: Plough Market 2020

Plough Market Size in Moldova

The revenue of the plough market in Moldova amounted to $X in 2018, going up by X% against the previous year. In general, plough consumption continues to indicate an extraordinary increase. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Moldova plough consumption peaked in 2018 and is likely to continue its growth in the near future.

Plough Production in Moldova

In value terms, plough production amounted to $X in 2018 estimated in export prices. In general, plough production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when production volume increased by X% year-to-year. Moldova plough production peaked at $X in 2015; however, from 2016 to 2018, production failed to regain its momentum.

Plough Exports

Exports from Moldova

In 2018, the amount of ploughs for agricultural purposes exported from Moldova amounted to X units, going up by X% against the previous year. In general, plough exports continue to indicate remarkable growth. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Moldova exports peaked at X units in 2010; however, from 2011 to 2018, exports stood at a somewhat lower figure.

In value terms, plough exports amounted to $X in 2018. In general, plough exports continue to indicate a notable increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, plough exports attained their maximum at $X in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China (X units) and India (X units) prevails in plough exports structure, together creating X% of total exports. It was distantly followed by South Africa (X units), achieving a X% share of total exports. Namibia (X units) and Kenya (X units) took a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Namibia (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and South Africa ($X) were the countries with the highest levels of exports in 2018, together accounting for X% of total exports.

In terms of the main exporting countries, India experienced the highest rates of growth with regard to market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the plough export price in Moldova amounted to $X per unit, lowering by -X% against the previous year. Overall, the plough export price continues to indicate a drastic setback. The pace of growth appeared the most rapid in 2011 when the export price increased by X% y-o-y. Moldova export price peaked at $X per unit in 2015; however, from 2016 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was China ($X per unit), while Namibia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced a decline in the export price figures.

Plough Imports

Imports into Moldova

In 2018, approx. X units of ploughs for agricultural purposes were imported into Moldova; going up by X% against the previous year. Over the period under review, plough imports continue to indicate outstanding growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Over the period under review, plough imports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, plough imports stood at $X in 2018. Over the period under review, plough imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Moldova imports peaked in 2018 and are likely to continue its growth in the near future.

Imports by Country

Lesotho (X units), Kenya (X units), Uganda (X units), Angola (X units), Ukraine (X units), Zambia (X units), Nepal (X units), Russia (X units), Belarus (X units), Grenada (X units), South Africa (X units) and the UK (X units) represented roughly X% of total imports of ploughs for agricultural purposes in 2018.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Lesotho (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), the UK ($X) and Russia ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by Belarus, Moldova, Angola, Kenya, Zambia, South Africa, Nepal, Uganda, Lesotho and Grenada, which together accounted for a further X the main importing countries, Lesotho (+X% per year) experienced the highest rates of growth with regard to market size, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The plough import price in Moldova stood at $X per unit in 2018, picking up by X% against the previous year. In general, the plough import price, however, continues to indicate a drastic setback. The growth pace was the most rapid in 2010 an increase of X% against the previous year. Moldova import price peaked at $X per unit in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per unit), while Grenada ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Uganda, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform