South-Eastern Asia: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in South-Eastern Asia

The Southeast Asian agricultural harvester market amounted to $X in 2022, remaining constant against the previous year. Overall, consumption saw a noticeable shrinkage. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Agricultural Harvester Production in South-Eastern Asia

In value terms, agricultural harvester production rose sharply to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible decrease. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Agricultural Harvester Exports

Exports in South-Eastern Asia

In 2022, after two years of growth, there was significant decline in shipments abroad of agricultural harvesters, when their volume decreased by X% to X units. Over the period under review, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then shrank remarkably in the following year.

In value terms, agricultural harvester exports declined markedly to $X in 2022. In general, exports, however, saw resilient growth. The growth pace was the most rapid in 2015 when exports increased by X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand prevails in exports structure, amounting to X units, which was near X% of total exports in 2022. Myanmar (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to agricultural harvester exports from Thailand stood at X%. At the same time, Myanmar (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Thailand and Myanmar increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest agricultural harvester supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Myanmar ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Thailand amounted to X%.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, almost unchanged from the previous year. Over the period under review, the export price, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($X per unit), while Thailand totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (X%).

Agricultural Harvester Imports

Imports in South-Eastern Asia

In 2022, agricultural harvester imports in South-Eastern Asia dropped sharply to X units, waning by X% against the year before. In general, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, agricultural harvester imports declined rapidly to $X in 2022. Over the period under review, imports, however, posted measured growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Philippines (X units), Thailand (X units) and Cambodia (X units) represented roughly X% of total imports in 2022. Indonesia (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Lao People's Democratic Republic (X%) and Vietnam (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Lao People's Democratic Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Cambodia ($X), Indonesia ($X) and Thailand ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. The Philippines, Vietnam and Lao People's Democratic Republic lagged somewhat behind, together accounting for a further X%.

Lao People's Democratic Republic, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per unit), while Lao People's Democratic Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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