Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in China - 2023
Contents:
- Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in China (FOB) - 2023
- Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in China (CIF) - 2022
- Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in China
- Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in China
Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in China (FOB) - 2023
In December 2023, the average export price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $144 per unit, waning by -2% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average export price increased by 22% month-to-month. The export price peaked at $228 per unit in May 2023; however, from June 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($233 per unit), while the average price for exports to Slovenia ($38.8 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in China (CIF) - 2022
The average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $3,127 per unit in 2022, reducing by -51.6% against the previous year. Over the period under review, the import price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2014 an increase of 59%. The import price peaked at $6,462 per unit in 2021, and then declined significantly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($16,149 per unit), while the price for Taiwan (Chinese) ($618 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in China
After three years of growth, shipments abroad of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses decreased by -28% to 2.1M units in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 35%. The exports peaked at 3M units in 2021, and then contracted markedly in the following year.
In value terms, exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses declined rapidly to $359M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. As a result, the exports attained the peak of $460M, and then shrank rapidly in the following year.
| Export of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 18.1 | 52.7 | 87.1 | 55.5 | 45.3% |
| India | 27.4 | 39.1 | 45.2 | 45.8 | 18.7% |
| Russia | 36.7 | 25.5 | 38.6 | 29.3 | -7.2% |
| Romania | 17.0 | 20.9 | 32.4 | 14.0 | -6.3% |
| Germany | 9.0 | 10.2 | 17.2 | 14.0 | 15.9% |
| Vietnam | 18.0 | 17.3 | 16.1 | 13.6 | -8.9% |
| Italy | 7.9 | 9.1 | 15.0 | 11.6 | 13.7% |
| Netherlands | 6.3 | 7.7 | 9.8 | 10.4 | 18.2% |
| Canada | 3.0 | 3.2 | 8.5 | 9.3 | 45.8% |
| Spain | 6.9 | 7.0 | 13.4 | 8.2 | 5.9% |
| Poland | 5.7 | 7.8 | 13.9 | 8.1 | 12.4% |
| France | 3.2 | 3.1 | 8.8 | 5.5 | 19.8% |
| United Kingdom | 3.1 | 2.9 | 6.8 | 4.5 | 13.2% |
| Others | 95.0 | 112 | 147 | 129 | 10.7% |
| Total | 257 | 319 | 460 | 359 | 11.8% |
Top Export Markets for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes from China in 2022:
- United States (516.7K units)
- Russia (214.4K units)
- India (160.8K units)
- Germany (149.1K units)
- Netherlands (98.8K units)
- Canada (72.9K units)
- United Kingdom (67.4K units)
- Romania (61.7K units)
- France (55.6K units)
- Vietnam (51.4K units)
- Poland (47.4K units)
- Spain (39.5K units)
- Italy (37.9K units)
Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in China
In 2022, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses into China surged to 3.1K units, picking up by 157% against the year before. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses skyrocketed to $9.7M in 2022. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,101 | 2,234 | 3,046 | 3,214 | 42.9% |
| Netherlands | 235 | 304 | 305 | 2,411 | 117.3% |
| Vietnam | 1.5 | N/A | 2.2 | 1,328 | 860.2% |
| France | 1,304 | 1,126 | 2,109 | 941 | -10.3% |
| Taiwan (Chinese) | 199 | 152 | 165 | 236 | 5.8% |
| Japan | 157 | 195 | 240 | 133 | -5.4% |
| India | 59.5 | 73.8 | 106 | 83.9 | 12.1% |
| Others | 1,551 | 1,294 | 1,826 | 1,365 | -4.2% |
| Total | 4,609 | 5,379 | 7,799 | 9,712 | 28.2% |
Top Suppliers of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes to China in 2022:
- Vietnam (1583.0 units)
- Netherlands (512.0 units)
- Taiwan (Chinese) (382.0 units)
- Germany (199.0 units)
- France (108.0 units)
- India (72.0 units)
- Japan (48.0 units)
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