Report Update Nov 1, 2024

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

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Saudi Arabia: Hay-Making Machinery Market 2024

Hay-Making Machinery Market Size in Saudi Arabia

In 2021, after three years of growth, there was decline in the Saudi hay-making machinery market, when its value decreased by -3.1% to $X. Overall, the total consumption indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +81.5% against 2017 indices. Over the period under review, the market hit record highs at $X in 2020, and then fell slightly in the following year.

Hay-Making Machinery Production in Saudi Arabia

In value terms, hay-making machinery production contracted to $X in 2021 estimated in export price. Over the period under review, the total production indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +86.0% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of 43% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then contracted in the following year.

Hay-Making Machinery Exports

Exports from Saudi Arabia

In 2018, overseas shipments of hay-making machinery decreased by 0% to X units, falling for the second year in a row after four years of decline. Overall, exports saw significant growth. The smallest decline of -25% was in 2013. The exports peaked in 2018 and are likely to see gradual growth in the immediate term.

In value terms, hay-making machinery exports totaled $X in 2018. In general, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 6,320%. As a result, the exports attained the peak of $X. From 2017 to 2018, the growth of the exports failed to regain momentum.

Exports by Country

From 2012 to 2020, the average annual rate of growth in terms of volume to No country was relatively modest.

From 2012 to 2020, the average annual growth rate of value to Egypt totaled -37.0%.

Export Prices by Country

The average hay-making machinery export price stood at $X per unit in 2020, almost unchanged from the previous year. Over the period under review, the export price saw a deep downturn. The growth pace was the most rapid in 2015 an increase of 82% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2020, the average export prices failed to regain momentum.

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

From 2012 to 2020, the rate of growth in terms of prices for Sudan amounted to -13.2% per year.

Hay-Making Machinery Imports

Imports into Saudi Arabia

In 2021, approx. less than X units of hay-making machinery were imported into Saudi Arabia; remaining stable against the year before. Over the period under review, imports saw a relatively flat trend pattern.

In value terms, hay-making machinery imports amounted to less than $X in 2021. Overall, imports showed a dramatic shrinkage. The growth pace was the most rapid in 2013 when imports increased by 70% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

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, together accounting for 43% of global consumption. Pakistan, Russia, Nigeria, Brazil, Indonesia, France, Ethiopia, Canada, Germany and Spain lagged somewhat behind, together accounting for a further 26%.

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

China remains the largest hay-making machinery producing country worldwide, comprising approx. 22% of total volume. Moreover, hay-making machinery production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.7% share.

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

In value terms, Sudan remains the key foreign market for hay-making machinery exports from Saudi Arabia.

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

In 2021, the average hay-making machinery export price amounted to $6,990 per unit, dropping by -16.7% against the previous year.

This report provides an in-depth analysis of the hay-making machinery market in Saudi Arabia. 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:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
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