United Kingdom: Hedge Shear Market 2025

Hedge Shear Market Size in the UK

The UK hedge shear market surged to $X in 2021, growing by 41% against the previous year. In general, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +33.4% against 2018 indices. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in years to come.

Hedge Shear Production in the UK

In value terms, hedge shear production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, posted a resilient increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 544%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Hedge Shear Exports

Exports from the UK

After two years of growth, overseas shipments of hedge shears and two-handed pruning shears decreased by -38.4% to X tons in 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 46% against the previous year. The exports peaked at X tons in 2020, and then contracted markedly in the following year.

In value terms, hedge shear exports reduced rapidly to $X in 2021. Overall, exports, however, showed slight growth. The growth pace was the most rapid in 2013 with an increase of 61%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Ireland (X tons) was the main destination for hedge shear exports from the UK, accounting for a 26% share of total exports. Moreover, hedge shear exports to Ireland exceeded the volume sent to the second major destination, Serbia (X tons), twofold. The Netherlands (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ireland stood at -7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+380.2% per year) and the Netherlands (+23.2% per year).

In value terms, the largest markets for hedge shear exported from the UK were Ireland ($X), Serbia ($X) and the Netherlands ($X), with a combined 54% share of total exports.

Among the main countries of destination, Serbia, with a CAGR of +362.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average hedge shear export price amounted to $X per ton, which is down by -11.5% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 45%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Hedge Shear Imports

Imports into the UK

In 2021, approx. X tons of hedge shears and two-handed pruning shears were imported into the UK; growing by 34% compared with the previous year. The total import volume increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, hedge shear imports soared to $X in 2021. Overall, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.6% 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 +66.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Taiwan (Chinese) (X tons) and Vietnam (X tons) were the main suppliers of hedge shear imports to the UK, with a combined 90% share of total imports. These countries were followed by the Netherlands, France and Germany, which together accounted for a further 8%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +24.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hedge shear suppliers to the UK were China ($X), Taiwan (Chinese) ($X) and Vietnam ($X), together accounting for 82% of total imports.

Among the main suppliers, Vietnam, with a CAGR of +22.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hedge shear import price stood at $X per ton in 2021, increasing by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 19% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :