Global Harrow Market 2020

Harrow Market Size

The global harrow market revenue amounted to $X in 2017, falling by -X% against the previous year. Overall, harrow consumption continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. In that year, the global harrow market attained their peak level of $X. From 2012 to 2017, growth of the global harrow market failed to regain its momentum.

Harrow Production

In 2017, the amount of harrows (excluding disc harrows) produced worldwide amounted to X units, approximately mirroring the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2016, when the output figure increased by X% against the previous year. Global harrow production peaked in 2017, and is expected to retain its growth in the near future.

Harrow Exports

In 2017, the global exports of harrows (excluding disc harrows) stood at X units, growing by X% against the previous year. In general, the total exports indicated a prominent increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the harrow exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2012, when it surged by X% y-o-y. Global exports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, harrow exports stood at $X in 2017. In general, the total exports indicated a temperate growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the harrow exports increased by +X% against 2015 indices. Global exports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Harrow Exports by Country

In 2017, China (X units), the Czech Republic (X units) and India (X units) were the largest exporters of harrows (excluding disc harrows) in the world, making up X% of total export. Thailand (X units) held a X% share (based on tons) of total exports, which put it in second place, followed by Belgium (X%). Germany (X units), Italy (X units), South Africa (X units), Sweden (X units), France (X units), Australia (X units) and the U.S. (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the U.S. ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of global exports. Italy, France, Sweden, the Czech Republic, Belgium, Thailand, South Africa, Australia and India lagged somewhat behind, together comprising a further X%.

Thailand (+X% per year) experienced the highest growth rate of exports, in terms of the main exporting countries over the last decade, while the other global leaders experienced more modest paces of growth.

Harrow Export Prices by Country

The average harrow export price stood at $X per unit in 2017, coming down by -X% against the previous year. In general, harrow export price continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2011, when the average export prices increased by X% y-o-y. Global export price peaked of $X thousand per unit in 2008; however, from 2009 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the U.S. ($X thousand per unit), while India ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other global leaders experienced more modest paces of growth.

Harrow Imports

In 2017, the global imports of harrows (excluding disc harrows) stood at X units, shrinking by -X% against the previous year. Overall, harrow imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, with an increase of X% against the previous year. Over the period under review, the global harrow imports attained its peak figure volume of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, harrow imports amounted to $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, the global harrow imports attained its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Harrow Imports by Country

In 2017, the U.S. (X units), distantly followed by Russia (X units), the UK (X units) and France (X units) represented the largest importers of harrows (excluding disc harrows), together constituting X% of total imports. Poland (X units), the Czech Republic (X units), Ukraine (X units), Germany (X units), Spain (X units), the Netherlands (X units), Italy (X units) and Bulgaria (X units) took the weak share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Germany (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest harrow markets worldwide were Ukraine ($X), Russia ($X) and the U.S. ($X), together comprising X% of global imports. These countries were followed by France, Germany, the UK, Poland, Bulgaria, Italy, the Netherlands, the Czech Republic and Spain, which together accounted for a further X%.

Bulgaria (+X% per year) experienced the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other global leaders experienced more modest paces of growth.

Harrow Import Prices by Country

The average harrow import price stood at $X per unit in 2017, coming up by X% against the previous year. Overall, the import price indicated a modest expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the harrow import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2012, an increase of X% against the previous year. In that year, the average import prices for harrows (excluding disc harrows) attained their peak level of $X thousand per unit. From 2013 to 2017, growth of the average import prices for harrows (excluding disc harrows) failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Ukraine ($X thousand per unit), while the U.S. ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the UK (+X% per year), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform