Asia-Pacific: Non-Lawn Mower Market 2024

Non-Lawn Mower Market Size in Asia-Pacific

In 2022, the Asia-Pacific non-lawn mower market increased by X% to $X for the first time since 2014, thus ending a seven-year declining trend. In general, consumption, however, showed a pronounced downturn. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Non-Lawn Mower Production in Asia-Pacific

In value terms, non-lawn mower production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable reduction. The pace of growth was the most pronounced in 2014 with an increase of 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-Pacific

In 2022, shipments abroad of non-lawn mowers and cutter bars decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then declined notably in the following year.

In value terms, non-lawn mower exports dropped to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then reduced in the following year.

Exports by Country

China dominates exports structure, recording X units, which was near X% of total exports in 2022. Japan (X units) took the second position in the ranking, followed by South Korea (X units). All these countries together took near X% share of total exports. The following exporters - Vietnam (X units), Thailand (X units) and New Zealand (X units) - each finished at a X% share of total exports.

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, Thailand (X%), Vietnam (X%), South Korea (X%) and Japan (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. New Zealand experienced a relatively flat trend pattern. While the share of Japan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, non-lawn mower exports decreased 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 South Korea (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. Over the period under review, the export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Thailand ($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 mixed trends in the export price figures.

Non-Lawn Mower Imports

Imports in Asia-Pacific

For the fourth year in a row, Asia-Pacific recorded growth in purchases abroad of non-lawn mowers and cutter bars, which increased by X% to X units in 2022. Total imports indicated resilient 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 2018 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in years to come.

In value terms, non-lawn mower imports rose modestly to $X in 2022. Total imports indicated a prominent 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 2015 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Australia was the main importing country with an import of about X units, which resulted at X% of total imports. It was distantly followed by Japan (X units), Vietnam (X units), New Zealand (X units) and Thailand (X units), together generating a X% share of total imports. The following importers - South Korea (X units) and China (X units) - each accounted for an X% share of total imports.

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

In value terms, the largest non-lawn mower importing markets in Asia-Pacific were Australia ($X), Japan ($X) and Vietnam ($X), with a combined X% share of total imports.

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

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2021, and then dropped in the following year.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :