Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Canada - 2024
Contents:
- Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Canada (CIF) - 2022
- Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Canada (FOB) - 2024
- Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Canada
- Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Canada
Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Canada (CIF) - 2022
In 2022, the average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $963 per unit, rising by 21% against the previous year. Overall, the import price, however, recorded a abrupt setback. The import price peaked at $1,867 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,362 per unit), while the price for China ($163 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Canada (FOB) - 2024
The average export price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $12,343 per unit in January 2024, growing by 29% against the previous month. In general, the export price showed a strong increase. The pace of growth appeared the most rapid in April 2023 an increase of 369% m-o-m. The export price peaked at $13,684 per unit in September 2023; afterwards, it flattened through to January 2024.
As there is only one major export destination, the average price level is determined by prices for the United States.
From January 2023 to January 2024, the rate of growth in terms of prices for the United States amounted to +18.5% per month.
Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Canada
In 2022, after three years of growth, there was significant decline in overseas purchases of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses, when their volume decreased by -12.7% to 57K units. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37%. As a result, imports attained the peak of 65K units, and then contracted in the following year.
In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $55M in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
Import of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 21.6 | 20.2 | 28.5 | 31.3 | 13.2% |
China | 2.7 | 5.4 | 6.9 | 6.6 | 34.7% |
Netherlands | 10.1 | 4.0 | 1.9 | 2.4 | -38.1% |
Italy | 1.0 | 1.1 | 1.3 | 1.6 | 17.0% |
Mexico | 0.6 | 0.5 | 0.5 | 0.5 | -5.9% |
Others | 10.1 | 9.6 | 12.5 | 12.2 | 6.5% |
Total | 46.2 | 40.8 | 51.6 | 54.7 | 5.8% |
Top Suppliers of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes to Canada in 2022:
- China (40.6K units)
- United States (10.6K units)
- Mexico (1.4K units)
- Italy (0.9K units)
- Netherlands (0.3K units)
Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Canada
In 2022, after three years of growth, there was significant decline in overseas shipments of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses, when their volume decreased by -36% to 7.5K units. Overall, exports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 52% against the previous year. As a result, the exports attained the peak of 12K units, and then dropped rapidly in the following year.
In value terms, exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses surged to $30M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 26%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
Export of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 15.0 | 19.4 | 22.1 | 27.5 | 22.4% |
Austria | 0.6 | 0.4 | 0.4 | 0.7 | 5.3% |
Others | 1.7 | 2.0 | 3.6 | 1.9 | 3.8% |
Total | 17.3 | 21.8 | 26.1 | 30.1 | 20.3% |
Top Export Markets for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes from Canada in 2022:
- United States (6.8K units)
- Austria (0.6K units)
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