Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in New Zealand - 2024

Contents:

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

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

The average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $6,290 per unit in 2022, dropping by -19.7% against the previous year. Overall, the import price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2014 when the average import price increased by 151% against the previous year. The import price peaked at $23,837 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Sweden ($23,555 per unit), while the price for China ($1,058 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+7.9%), 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 New Zealand (FOB) - 2022

The average export price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $1,852 per unit in 2022, rising by 46% against the previous year. Over the period under review, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2014 an increase of 1,787% against the previous year. As a result, the export price attained the peak level of $8,992 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($1,950 per unit), while the average price for exports to Fiji ($627 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 Australia (+8.6%), while the prices for the other major destinations experienced a decline.

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

For the fourth consecutive year, New Zealand recorded growth in supplies from abroad of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses, which increased by 35% to 2K units in 2022. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 142%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $12M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.0% 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 +59.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 47% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

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

1. China (885.0 units)
2. Italy (205.0 units)
3. Czech Republic (184.0 units)
4. Germany (178.0 units)
5. France (151.0 units)
6. Poland (109.0 units)
7. Sweden (54.0 units)
8. Australia (52.0 units)
9. United Kingdom (51.0 units)
10. Denmark (19.0 units)

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

After three years of growth, overseas shipments of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses decreased by -37.8% to 390 units in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 96%. The exports peaked at 627 units in 2021, and then dropped markedly in the following year.

In value terms, exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses contracted to $722K in 2022. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 56%. Over the period under review, the exports of reached the maximum at $797K in 2021, and then contracted in the following year.

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

1. Australia (345.0 units)
2. Denmark (11.0 units)
3. French Polynesia (10.0 units)
4. Fiji (7.0 units)
5. Canada (6.0 units)
6. United Kingdom (2.0 units)

Source: IndexBox Market Intelligence Platform