ASEAN - Forage Harvesters and Other Harvesting Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingASEAN: Market for Forage Harvesters and Other Harvesting Machines 2024
Market Size for Forage Harvesters and Other Harvesting Machines in ASEAN
The ASEAN market for forage harvesters and other harvesting machines expanded to $X in 2023, increasing by X% against the previous year. Over the period under review, consumption recorded strong growth. Over the period under review, the market reached the maximum level at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.
Production of Forage Harvesters and Other Harvesting Machines in ASEAN
In value terms, production of forage harvesters and other harvesting machines stood at $X in 2023 estimated in export price. Over the period under review, production showed a strong increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.
Exports of Forage Harvesters and Other Harvesting Machines
Exports in ASEAN
In 2023, the amount of forage harvesters and other harvesting machines exported in ASEAN surged to X units, increasing by X% against 2022. Over the period under review, exports, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports of hit record highs at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.
In value terms, exports of forage harvesters and other harvesting machines skyrocketed to $X in 2023. Overall, exports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Thailand represented the largest exporter of forage harvesters and other harvesting machines in ASEAN, with the volume of exports finishing at X units, which was near X% of total exports in 2023. It was distantly followed by Malaysia (X units) and Vietnam (X units), together committing a X% share of total exports. Indonesia (X units) followed a long way behind the leaders.
Exports from Thailand decreased at an average annual rate of X% from 2012 to 2023. At the same time, Vietnam (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2023. By contrast, Indonesia (X%) and Malaysia (X%) illustrated a downward trend over the same period. Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Thailand ($X) remains the largest forage harvesters and other harvesting machines supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.
In Thailand, exports of forage harvesters and other harvesting machines shrank by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (X% per year) and Vietnam (X% per year).
Export Prices by Country
The export price in ASEAN stood at $X per unit in 2023, which is down by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while Indonesia ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced mixed trends in the export price figures.
Imports of Forage Harvesters and Other Harvesting Machines
Imports in ASEAN
In 2023, the amount of forage harvesters and other harvesting machines imported in ASEAN skyrocketed to X units, increasing by X% against the previous year. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of import peaked at X units in 2021; however, from 2022 to 2023, imports remained at a lower figure.
In value terms, imports of forage harvesters and other harvesting machines skyrocketed to $X in 2023. In general, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports of attained the peak figure in 2023 and are likely to see gradual growth in years to come.
Imports by Country
Thailand was the largest importing country with an import of about X units, which reached X% of total imports. It was distantly followed by Indonesia (X units), achieving a X% share of total imports. The following importers - Vietnam (X units), Myanmar (X units), the Philippines (X units) and Cambodia (X units) - together made up X% of total imports.
Thailand was also the fastest-growing in terms of the forage harvesters and other harvesting machines imports, with a CAGR of X% from 2012 to 2023. At the same time, Indonesia (X%), Vietnam (X%) and Cambodia (X%) displayed positive paces of growth. By contrast, Myanmar (X%) and the Philippines (X%) illustrated a downward trend over the same period. While the share of Thailand (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Cambodia (X p.p.), Myanmar (X p.p.) and the Philippines (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Thailand ($X) constitutes the largest market for imported forage harvesters and other harvesting machines in ASEAN, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.
In Thailand, imports of forage harvesters and other harvesting machines increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Indonesia (X% per year) and Vietnam (X% per year).
Import Prices by Country
In 2023, the import price in ASEAN amounted to $X per unit, declining by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2022 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit, and then fell in the following year.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Myanmar ($X per unit), while Cambodia ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for forage harvesters and other harvesting machines in ASEAN. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28305945 - Forage harvesters (excluding self-propelled)
- Prodcom 28305960 - Forage harvesters, self-propelled
- Prodcom 28305970 - Harvesting machines (excluding combine harvester threshers, root or tuber harvesting machines, forage harvesters)
Country coverage:
- Brunei Darussalam
- Cambodia
- Indonesia
- Lao People's Democratic Republic
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ASEAN, split by region and country
- Trade (exports and imports) in ASEAN
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Vietnam
- Lao People's Democratic Republic
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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