Asia: Non-Lawn Mower Market 2024

Non-Lawn Mower Market Size in Asia

In 2022, after seven years of decline, there was growth in the Asian non-lawn mower market, when its value increased by X% to $X. Overall, consumption, however, showed a perceptible curtailment. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Non-Lawn Mower Production in Asia

In value terms, non-lawn mower production declined slightly to $X in 2022 estimated in export price. In general, production, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Non-Lawn Mower Exports

Exports in Asia

After two years of growth, shipments abroad of non-lawn mowers and cutter bars decreased by X% to X units in 2022. Overall, exports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of export peaked at X units in 2021, and then shrank rapidly in the following year.

In value terms, non-lawn mower exports shrank to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then declined in the following year.

Exports by Country

China was the key exporter of non-lawn mowers and cutter bars in Asia, with the volume of exports amounting to X units, which was approx. X% of total exports in 2022. Turkey (X units) held the second position in the ranking, followed by Japan (X units) and South Korea (X units). All these countries together took near X% share of total exports. Vietnam (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to non-lawn mower exports from China stood at X%. At the same time, Vietnam (X%), South Korea (X%), Japan (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Japan increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-lawn mower supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with an X% share of total exports. It was followed by Turkey, with an X% share.

In China, non-lawn mower exports declined by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price, however, continues to indicate a drastic downturn. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Non-Lawn Mower Imports

Imports in Asia

After three years of growth, overseas purchases of non-lawn mowers and cutter bars decreased by X% to X units in 2022. Total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2021, and then dropped in the following year.

In value terms, non-lawn mower imports declined slightly to $X in 2022. Total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then reduced in the following year.

Imports by Country

Japan (X units) and Vietnam (X units) represented roughly X% of total imports in 2022. Kazakhstan (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Cyprus (X%), Thailand (X%), South Korea (X%) and China (X%). Azerbaijan (X units), Georgia (X units) and Mongolia (X units) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Vietnam ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per unit, approximately mirroring the previous year. Overall, the import price recorded a mild decline. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per unit), while Cyprus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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