MENA: Market for Straw Or Fodder Balers, Including Pickup Balers 2024

Market Size for Straw Or Fodder Balers, Including Pickup Balers in MENA

The MENA's straw for fodder balers market totaled $X in 2022, approximately reflecting the previous year. Over the period under review, consumption enjoyed a buoyant expansion. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Production of Straw Or Fodder Balers, Including Pickup Balers in MENA

In value terms, straw for fodder balers production shrank to $X in 2022 estimated in export price. Overall, production saw a strong increase. The growth pace was the most rapid in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports in MENA

In 2022, approx. X units of straw or fodder balers, including pickup balers were exported in MENA; surging by X% on the previous year's figure. Overall, exports enjoyed resilient growth. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2019; afterwards, it flattened through to 2022.

In value terms, straw for fodder balers exports stood at $X in 2022. Over the period under review, exports recorded strong growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Turkey prevails in exports structure, accounting for X units, which was approx. X% of total exports in 2022. Iran (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to straw for fodder balers exports from Turkey stood at X%. At the same time, Iran (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest straw for fodder balers supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Iran ($X), with a X% share of total exports.

In Turkey, straw for fodder balers exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, surging by X% against the previous year. Overall, the export price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per unit), while Turkey totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%).

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports in MENA

In 2022, overseas purchases of straw or fodder balers, including pickup balers increased by X% to X units, rising for the second consecutive year after three years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, straw for fodder balers imports totaled $X in 2022. Over the period under review, imports, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Turkey represented the largest importing country with an import of about X units, which amounted to X% of total imports. Morocco (X units) took the second position in the ranking, followed by Tunisia (X units), Iraq (X units), Lebanon (X units) and Israel (X units). All these countries together held approx. X% share of total imports. Libya (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to straw for fodder balers imports into Turkey stood at X%. At the same time, Lebanon (X%), Libya (X%), Morocco (X%) and Iraq (X%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Israel (X%) and Tunisia (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.), Lebanon (X p.p.), Morocco (X p.p.) and Libya (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Israel (X p.p.) and Tunisia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported straw or fodder balers, including pickup balers in MENA, comprising X% of total imports. The second position in the ranking was held by Tunisia ($X), with an X% share of total imports. It was followed by Israel, with a X% share.

In Turkey, straw for fodder balers imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Tunisia (X% per year) and Israel (X% per year).

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, reducing by X% against the previous year. In general, the import price recorded a pronounced decline. The growth pace was the most rapid in 2018 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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