Report Update Nov 1, 2024

Southern Asia - Disc Harrows - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Disc Harrow Market 2024

Disc Harrow Market Size in Southern Asia

In 2021, the South Asian disc harrow market decreased by -8.3% to $X for the first time since 2015, thus ending a five-year rising trend. Overall, consumption, however, enjoyed a prominent expansion. Over the period under review, the market hit record highs at $X in 2020, and then shrank in the following year.

Disc Harrow Production in Southern Asia

In value terms, disc harrow production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 43% against the previous year. The level of production peaked at $X in 2020, and then dropped in the following year.

Disc Harrow Exports

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per unit, growing by 5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.7%. The pace of growth appeared the most rapid in 2017 an increase of 23%. Over the period under review, the export prices reached the maximum in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was India ($X per unit), while Pakistan stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+4.0%).

Disc Harrow Imports

Imports in Southern Asia

In 2021, approx. X units of disc harrows were imported in Southern Asia; which is down by -7.6% against 2020. Total imports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +6.6% against 2016 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 50%. The volume of import peaked at X units in 2020, and then dropped in the following year.

In value terms, disc harrow imports fell modestly to $X in 2021. Total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +18.9% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of 36%. Over the period under review, imports attained the peak figure at $X in 2020, and then contracted slightly in the following year.

Imports by Country

Nepal represented the largest importing country with an import of about X units, which reached 69% of total imports. It was distantly followed by Sri Lanka (X units) and Pakistan (X units), together achieving a 30% share of total imports.

Nepal was also the fastest-growing in terms of the disc harrows imports, with a CAGR of +12.9% from 2012 to 2021. At the same time, Sri Lanka (+8.0%) displayed positive paces of growth. By contrast, Pakistan (-12.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Nepal and Sri Lanka increased by +38 and +6.2 percentage points, respectively.

In value terms, Nepal ($X) constitutes the largest market for imported disc harrows in Southern Asia, comprising 71% of total imports. The second position in the ranking was held by Sri Lanka ($X), with an 18% share of total imports.

In Nepal, disc harrow imports expanded at an average annual rate of +16.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Sri Lanka (+9.2% per year) and Pakistan (-12.4% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for disc harrows in Southern Asia?

The countries with the highest volumes of in 2021 were India, Bangladesh and Pakistan, together comprising 96% of total consumption. These countries were followed by Afghanistan, which accounted for a further 4.3%.

What are the largest producers of disc harrows in Southern Asia?

The country with the largest volume of disc harrow production was India, accounting for 48% of total volume. Moreover, disc harrow production in India exceeded the figures recorded by the second-largest producer, Bangladesh, twofold. Pakistan ranked third in terms of total production with a 24% share.

What are the leading exporters of disc harrows in Southern Asia?

In value terms, India remains the largest disc harrow supplier in Southern Asia, comprising 91% of total exports. The second position in the ranking was occupied by Pakistan, with a 9.1% share of total exports.

What are the leading importers of disc harrows in Southern Asia?

In value terms, the largest disc harrow importing markets in Southern Asia were Nepal, Sri Lanka and Pakistan, with a combined 94% share of total imports.

What is the average export price for disc harrows in Southern Asia?

The export price in Southern Asia stood at $3,116 per unit in 2021, rising by 1.6% against the previous year.

What is the average import price for disc harrows in Southern Asia?

The import price in Southern Asia stood at $2,697 per unit in 2021, shrinking by -3.9% against the previous year.

This report provides an in-depth analysis of the disc harrow market in Southern Asia. 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 28303220 - Disc harrows

Country coverage:

Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Southern Asia, split by region and country
Trade (exports and imports) in Southern Asia
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023