Report Update Nov 1, 2024

Sri Lanka - Disc Harrows - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Sri Lanka: Disc Harrow Market 2024

Disc Harrow Market Size in Sri Lanka

The Sri Lankan disc harrow market fell to $X in 2021, with a decrease of -12.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw prominent growth. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Disc Harrow Exports

Exports from Sri Lanka

In 2015, disc harrow exports from Sri Lanka totaled X units, approximately equating 2014. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2015 and are likely to see steady growth in the immediate term.

In value terms, disc harrow exports stood at $X in 2015. Overall, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2015 and are likely to continue growth in the near future.

Exports by Country

Uganda (X units) was the main destination for disc harrow exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2015 to 2015, the average annual rate of growth in terms of volume to Uganda was relatively modest.

From 2015 to 2015, the average annual rate of growth in terms of value to Uganda was relatively modest.

Disc Harrow Imports

Imports into Sri Lanka

In 2021, imports of disc harrows into Sri Lanka fell to X units, which is down by -12.5% on the year before. Overall, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2018 when imports increased by 79% against the previous year. Imports peaked at X units in 2020, and then contracted in the following year.

In value terms, disc harrow imports shrank to $X in 2021. In general, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2020 when imports increased by 85% against the previous year. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

In 2021, India (X units) constituted the largest supplier of disc harrow to Sri Lanka, with a 66% share of total imports. Moreover, disc harrow imports from India exceeded the figures recorded by the second-largest supplier, Japan (X units), sixfold. Turkey (X units) ranked third in terms of total imports with an 8.9% share.

From 2012 to 2021, the average annual growth rate of volume from India totaled +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+22.0% per year) and Turkey (+49.5% per year).

In value terms, India ($X) constituted the largest supplier of disc harrows to Sri Lanka, comprising 68% of total imports. The second position in the ranking was held by Japan ($X), with an 11% share of total imports. It was followed by Turkey, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India amounted to +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+71.0% per year) and Turkey (+85.4% per year).

Import Prices by Country

The average disc harrow import price stood at $X per unit in 2021, leveling off at the previous year. Over the last nine-year period, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 15% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+35.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for disc harrows in the world?

China constituted the country with the largest volume of disc harrow consumption, accounting for 19% of total volume. Moreover, disc harrow consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 6.8% share.

What are the largest producers of disc harrows in the world?

China remains the largest disc harrow producing country worldwide, accounting for 20% of total volume. Moreover, disc harrow production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Brazil, with a 4.8% share.

What are the leading suppliers of disc harrows to Sri Lanka?

In value terms, India constituted the largest supplier of disc harrow to Sri Lanka, comprising 73% of total imports. The second position in the ranking was occupied by Pakistan, with a 22% share of total imports. It was followed by China, with a 2.2% share.

What is the average export price for disc harrows in Sri Lanka?

The average disc harrow export price stood at $1,550 per unit in 2015, standing approx. at the previous year.

What is the average import price for disc harrows in Sri Lanka?

The average disc harrow import price stood at $2,551 per unit in 2021, falling by -4.9% against the previous year.

This report provides an in-depth analysis of the disc harrow market in Sri Lanka. 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:

Sri Lanka

Data coverage:

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