South-Eastern Asia: Harrow Market 2020

Harrow Market Size in South-Eastern Asia

The revenue of the harrow market in South-Eastern Asia amounted to $X in 2017, going down by -X% against the previous year. The harrow consumption continues to indicate a slight increase. The most prominent rate of growth was recorded in 2014, with an increase of X% y-o-y. Over the period under review, the harrow market attained its peak figure level of $X in 2016, and then declined slightly in the following year.

Harrow Production in South-Eastern Asia

In 2017, the amount of harrows (excluding disc harrows) produced in South-Eastern Asia stood at X units, waning by -X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. Over the period under review, the harrow production attained its peak figure volume of X units in 2016, and then declined slightly in the following year.

Harrow Exports in South-Eastern Asia

In 2017, approx. X units of harrows (excluding disc harrows) were exported in South-Eastern Asia; coming down by -X% against the previous year. The harrow exports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2015, with an increase of X% year-to-year. The volume of exports peaked of X units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, harrow exports totaled $X in 2017. The harrow exports continue to indicate an outstanding increase. Over the period under review, the harrow exports attained its peak figure level of $X in 2016, and then declined slightly in the following year.

Harrow Exports by Country in South-Eastern Asia

Thailand (X units) represented roughly X% of total exports of harrows (excluding disc harrows) in 2017.

Thailand was also the fastest growing in terms of the harrows (excluding disc harrows) exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of Thailand decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) also remains the largest harrow supplier in South-Eastern Asia.

From 2007 to 2017, the average annual growth rate of value in Thailand amounted to +X%.

Harrow Export Prices by Country in South-Eastern Asia

In 2017, the harrow export price in South-Eastern Asia amounted to $X per unit, declining by -X% against the previous year. The harrow export price continues to indicate a perceptible expansion. The pace of growth was the most pronounced in 2014, when it surged by X% year-to-year. In that year, the export prices for harrows (excluding disc harrows) attained their peak level of $X per unit. From 2015 to 2017, growth of the export prices for harrows (excluding disc harrows) failed to regain its momentum.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Thailand (+X% per year).

Harrow Imports in South-Eastern Asia

In 2017, the amount of harrows (excluding disc harrows) imported in South-Eastern Asia amounted to X units, lowering by -X% against the previous year. The harrow imports continue to indicate a deep descent. The pace of growth was the most pronounced in 2016, with an increase of X% y-o-y. In that year, the harrow imports reached their peak volume of X units, and then declined slightly in the following year.

In value terms, harrow imports totaled $X in 2017. The harrow imports continue to indicate an abrupt curtailment. Over the period under review, the harrow imports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Harrow Imports by Country in South-Eastern Asia

Malaysia (X units), the Philippines (X units), Myanmar (X units) and Thailand (X units) represented roughly X% of total imports of harrows (excluding disc harrows) in 2017. Indonesia (X units) took the second position in the ranking, followed by Cambodia (X units). All these countries together held near X% share of total imports.

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

In value terms, Myanmar ($X), Indonesia ($X) and Thailand ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports. The Philippines, Cambodia and Malaysia lagged somewhat behind, together accounting for a further X%.

The Philippines (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Harrow Import Prices by Country in South-Eastern Asia

The harrow import price in South-Eastern Asia stood at $X thousand per unit in 2017, jumping by X% against the previous year. The harrow import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. Over the period under review, the import prices for harrows (excluding disc harrows) attained its peak figure level of $X thousand per unit in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Indonesia ($X thousand per unit), while Malaysia ($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 Indonesia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform