Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Indonesia - 2022

Contents:

1. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Indonesia (CIF) - 2022
2. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Indonesia (FOB) - 2022
3. Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Indonesia
4. Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Indonesia

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Indonesia (CIF) - 2022

In 2022, the average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $571 per unit, reducing by -5.2% against the previous year. In general, the import price saw a perceptible decline. The pace of growth was the most pronounced in 2020 when the average import price increased by 21%. Over the period under review, average import prices hit record highs at $1,009 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($648 per unit), while the price for Singapore ($327 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced a decline.

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Indonesia (FOB) - 2022

The average export price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $1,873 per unit in 2022, picking up by 137% against the previous year. Overall, the export price showed a strong increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 582%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($3,030 per unit), while the average price for exports to the Philippines ($50 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Indonesia

For the fourth year in a row, Indonesia recorded growth in overseas purchases of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses, which increased by 15% to 14K units in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 65%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $8M in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes to Indonesia in 2022:

1. China (10.2K units)
2. Thailand (3.4K units)

Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Indonesia

In 2022, shipments abroad of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses decreased by -31.1% to 62 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 400%. As a result, the exports reached the peak of 90 units, and then fell markedly in the following year.

In value terms, exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses surged to $116K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 3,311%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Export Markets for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes from Indonesia in 2022:

1. Australia (33.0 units)
2. Brunei Darussalam (17.0 units)
3. Timor-Leste (8.0 units)
4. Saudi Arabia (3.0 units)
5. Philippines (1.0 units)

Source: IndexBox Market Intelligence Platform