Eastern Europe: Disc Harrow Market 2024

Disc Harrow Market Size in Eastern Europe

In 2022, the East European disc harrow market was finally on the rise to reach $X after eight years of decline. Overall, consumption, however, recorded a abrupt descent. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Disc Harrow Production in Eastern Europe

In value terms, disc harrow production fell to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Disc Harrow Exports

Exports in Eastern Europe

In 2022, overseas shipments of disc harrows decreased by X% to X units for the first time since 2011, thus ending a ten-year rising trend. Overall, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of export peaked at X units in 2021, and then fell slightly in the following year.

In value terms, disc harrow exports reduced to $X in 2022. In general, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

Poland represented the major exporting country with an export of around X units, which amounted to X% of total exports. It was distantly followed by the Czech Republic (X units), Russia (X units), Ukraine (X units) and Romania (X units), together comprising a X% share of total exports. The following exporters - Bulgaria (X units) and Belarus (X units) - each amounted to a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest disc harrow supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Russia ($X), together comprising X% of total exports.

Among the main exporting countries, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, dropping by X% against the previous year. In general, the export price showed a perceptible curtailment. The growth pace was the most rapid in 2021 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 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bulgaria ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Disc Harrow Imports

Imports in Eastern Europe

In 2022, the amount of disc harrows imported in Eastern Europe declined to X units, dropping by X% compared with the previous year's figure. Total imports indicated a resilient increase 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 2020 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2021, and then contracted in the following year.

In value terms, disc harrow imports reduced to $X in 2022. Overall, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

Russia was the largest importer of disc harrows in Eastern Europe, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. Bulgaria (X units) ranks second in terms of the total imports with an X% share, followed by Ukraine (X%), Lithuania (X%), Poland (X%), Moldova (X%), Hungary (X%) and Romania (X%).

From 2012 to 2022, average annual rates of growth with regard to disc harrow imports into Russia stood at X%. At the same time, Moldova (X%), Lithuania (X%), Poland (X%), Hungary (X%) and Bulgaria (X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Romania (X%) and Ukraine (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia, Moldova, Lithuania and Poland increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported disc harrows in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Bulgaria ($X), with a X% share of total imports. It was followed by Ukraine, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to X%. In the other countries, the average annual rates were as follows: Bulgaria (X% per year) and Ukraine (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, approximately reflecting the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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