Global Mower Market 2024

Mower Market Size

The global mower market soared to $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, showed a perceptible reduction. Global consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Mower Production

In value terms, mower production expanded slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, global production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Mower Exports

Exports

In 2022, shipments abroad of mowers decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, showed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of X units, and then declined slightly in the following year.

In value terms, mower exports reached $X in 2022. Over the period under review, total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the global exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

China prevails in exports structure, finishing at X units, which was approx. X% of total exports in 2022. It was distantly followed by Germany (X units), achieving a X% share of total exports. The Netherlands (X units), the United States (X units), Italy (X units), Austria (X units), France (X units), Poland (X units), Vietnam (X units), Belgium (X units) and Mexico (X units) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to mower exports from China stood at X%. At the same time, Vietnam (X%), Poland (X%), Austria (X%), the Netherlands (X%), Belgium (X%) and Italy (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Germany and France experienced a relatively flat trend pattern. By contrast, Mexico (X%) and the United States (X%) illustrated a downward trend over the same period. China (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the global exports, while the Netherlands, Mexico, Italy, France, Germany and the United States saw its share reduced by X%, X%, X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest mower supplying countries worldwide were China ($X), the United States ($X) and Germany ($X), with a combined X% share of global exports. Italy, France, Austria, the Netherlands, Belgium, Poland, Vietnam and Mexico lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average mower export price stood at $X per unit in 2022, rising by X% against the previous year. In general, the export price, however, showed a perceptible reduction. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 the United States ($X per unit), while China ($X per unit) was amongst the lowest.

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

Mower Imports

Imports

In 2022, overseas purchases of mowers increased by X% to X units, rising for the third consecutive year after two years of decline. In general, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, mower imports totaled $X in 2022. Overall, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, global imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X units), distantly followed by Germany (X units), France (X units), the Netherlands (X units), Russia (X units), Australia (X units) and Canada (X units) were the main importers of mowers, together achieving X% of total imports. The UK (X units), Belgium (X units), Poland (X units), Italy (X units), the Czech Republic (X units) and Sweden (X units) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Russia (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of global imports.

Among the main importing countries, the United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average mower import price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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