Eastern Asia: Manure Spreader Market 2024

Manure Spreader Market Size in Eastern Asia

The East Asian manure spreader market declined modestly to $X in 2022, shrinking by X% against the previous year. Overall, consumption, however, recorded a mild decline. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Manure Spreader Production in Eastern Asia

In value terms, manure spreader production shrank slightly to $X in 2022 estimated in export price. In general, production, however, recorded a slight slump. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

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Manure Spreader Exports

Exports in Eastern Asia

In 2022, overseas shipments of manure spreaders and fertilizer distributors increased by X% to X units, rising for the fifth year in a row after three years of decline. Overall, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, manure spreader exports dropped to $X in 2022. In general, exports, however, saw a noticeable reduction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Japan was the main exporter of manure spreaders and fertilizer distributors in Eastern Asia, with the volume of exports finishing at X units, which was near X% of total exports in 2022. It was distantly followed by South Korea (X units) and Taiwan (Chinese) (X units), together comprising a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to manure spreader exports from Japan stood at X%. At the same time, Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, South Korea (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Taiwan (Chinese), Japan and South Korea increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X), Taiwan (Chinese) ($X) and Japan ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, shrinking by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2021, and then contracted in the following year.

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 South Korea ($X per unit), while Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced mixed trends in the export price figures.

Manure Spreader Imports

Imports in Eastern Asia

In 2022, purchases abroad of manure spreaders and fertilizer distributors decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports continue to indicate a slight contraction. The growth pace was the most rapid in 2013 with an increase of X%. The volume of import peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, manure spreader imports dropped slightly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Japan prevails in imports structure, recording X units, which was near X% of total imports in 2022. Taiwan (Chinese) (X units) ranks second in terms of the total imports with an X% share, followed by South Korea (X%).

Imports into Japan increased at an average annual rate of X% from 2012 to 2022. At the same time, Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, South Korea (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Japan and Taiwan (Chinese) increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported manure spreaders and fertilizer distributors in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Japan stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, falling by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 an increase of X%. The level of import peaked at $X per unit in 2021, and then fell modestly in the following year.

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

Source: IndexBox Platform

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