Eastern Asia: Agricultural Self-Loading Trailer Market 2024

Agricultural Self-Loading Trailer Market Size in Eastern Asia

The East Asian agricultural self-loading trailer market fell to $X in 2022, stabilizing at the previous year. Overall, consumption saw a mild descent. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Agricultural Self-Loading Trailer Production in Eastern Asia

In value terms, agricultural self-loading trailer production fell to $X in 2022 estimated in export price. In general, production recorded a noticeable slump. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Agricultural Self-Loading Trailer Exports

Exports in Eastern Asia

After three years of growth, overseas shipments of self-loading or self-unloading trailers for agricultural purposes decreased by X% to X units in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X units, and then fell significantly in the following year.

In value terms, agricultural self-loading trailer exports fell notably to $X in 2022. Overall, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, China (X units) was the largest exporter of self-loading or self-unloading trailers for agricultural purposes in Eastern Asia, committing X% of total export.

China experienced a relatively flat trend pattern with regard to volume of exports of self-loading or self-unloading trailers for agricultural purposes. While the share of China (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest agricultural self-loading trailer supplier in Eastern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2017 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 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Agricultural Self-Loading Trailer Imports

Imports in Eastern Asia

In 2022, imports of self-loading or self-unloading trailers for agricultural purposes in Eastern Asia skyrocketed to X units, rising by X% against 2021 figures. Overall, imports showed a strong expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, agricultural self-loading trailer imports skyrocketed to $X in 2022. In general, imports saw a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Japan was the key importing country with an import of around X units, which accounted for X% of total imports. It was distantly followed by China (X units), committing a X% share of total imports. Democratic People's Republic of Korea (X units), Taiwan (Chinese) (X units) and South Korea (X units) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Japan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported self-loading or self-unloading trailers for agricultural purposes in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Democratic People's Republic of Korea, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Japan amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: China (X% per year) and Democratic People's Republic of Korea (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, almost unchanged from the previous year. Over the period under review, the import price, however, recorded a slight setback. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while Taiwan (Chinese) ($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 a decline in the import price figures.

Source: IndexBox Platform

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