Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Luxembourg - 2023

Contents:

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

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

In 2022, the average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $919 per unit, picking up by 18% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 37% against the previous year. Over the period under review, average import prices attained the peak figure at $1,387 per unit in 2015; however, from 2016 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 Italy ($3,105 per unit), while the price for the UK ($30 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.6%), 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 Luxembourg (FOB) - 2022

In 2022, the average export price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $831 per unit, which is down by -10.3% against the previous year. In general, the export price recorded a abrupt descent. The pace of growth was the most pronounced in 2017 an increase of 117% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,562 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($11,447 per unit), while the average price for exports to Belgium ($469 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 France (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, overseas purchases of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses decreased by -19.6% to 2.5K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.4% 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 21% against the previous year. As a result, imports reached the peak of 3.1K units, and then shrank dramatically in the following year.

In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses dropped to $2.3M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 14%. As a result, imports attained the peak of $2.5M. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. Germany (819.0 units)
2. United Kingdom (714.0 units)
3. Belgium (572.0 units)
4. France (130.0 units)
5. China (88.0 units)
6. Italy (63.0 units)

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

In 2022, approx. 739 units of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses were exported from Luxembourg; growing by 94% on the previous year's figure. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses soared to $614K in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Belgium (698.0 units)
2. Germany (20.0 units)
3. France (15.0 units)

Source: IndexBox Market Intelligence Platform