South-Eastern Asia: Mattocks And Rakes Market 2025

Mattocks And Rakes Market Size in South-Eastern Asia

The Southeast Asian mattocks and rakes market declined to $X in 2022, shrinking by -5.4% against the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Mattocks And Rakes Production in South-Eastern Asia

In value terms, mattocks and rakes production shrank slightly to $X in 2022 estimated in export price. The total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -12.8% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by 38%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Mattocks And Rakes Exports

Exports in South-Eastern Asia

In 2022, after two years of decline, there was growth in shipments abroad of mattocks, picks, hoes and rakes, when their volume increased by 2.1% to X tons. Total exports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when exports increased by 69% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, mattocks and rakes exports reduced to $X in 2022. Total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.7% against 2019 indices. The pace of growth appeared the most rapid in 2019 when exports increased by 59%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Vietnam was the main exporting country with an export of around X tons, which accounted for 62% of total exports. Thailand (X tons) took the second position in the ranking, distantly followed by Indonesia (X tons). All these countries together held near 35% share of total exports. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to mattocks and rakes exports from Vietnam stood at +11.7%. At the same time, Indonesia (+22.0%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +22.0% from 2012-2022. By contrast, Malaysia (-2.0%) and Thailand (-4.0%) illustrated a downward trend over the same period. Vietnam (+31 p.p.) and Indonesia (+6.5 p.p.) significantly strengthened its position in terms of the total exports, while Malaysia and Thailand saw its share reduced by -2.2% and -33.7% from 2012 to 2022, respectively.

In value terms, Vietnam ($X), Thailand ($X) and Malaysia ($X) were the countries with the highest levels of exports in 2022, with a combined 99% share of total exports.

Vietnam, with a CAGR of +12.9%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, reducing by -8.5% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 13% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.4%), while the other leaders experienced more modest paces of growth.

Mattocks And Rakes Imports

Imports in South-Eastern Asia

In 2022, purchases abroad of mattocks, picks, hoes and rakes decreased by -6% to X tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 29% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, mattocks and rakes imports fell to $X in 2022. In general, imports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2019 when imports increased by 23% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Malaysia (X tons) and Myanmar (X tons) were the main importers of mattocks, picks, hoes and rakes in South-Eastern Asia, together resulting at near 60% of total imports. It was distantly followed by Thailand (X tons), Vietnam (X tons) and Cambodia (X tons), together committing a 31% share of total imports. The following importers - Lao People's Democratic Republic (X tons) and the Philippines (X tons) - together made up 5.1% of total imports.

From 2012 to 2022, the biggest increases were recorded for Lao People's Democratic Republic (with a CAGR of +19.5%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Malaysia ($X) constitutes the largest market for imported mattocks, picks, hoes and rakes in South-Eastern Asia, comprising 41% of total imports. The second position in the ranking was held by Vietnam ($X), with a 19% share of total imports. It was followed by Thailand, with a 14% share.

From 2012 to 2022, the average annual growth rate of value in Malaysia stood at -5.6%. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (+1.6% per year) and Thailand (+7.2% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, almost unchanged from the previous year. Import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mattocks and rakes import price increased by +55.1% against 2015 indices. The growth pace was the most rapid in 2018 when the import price increased by 25% against the previous year. The level of import peaked at $X per ton in 2021, and then contracted modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Philippines ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+29.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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