Global Hedge Shear Market 2024

Hedge Shear Market Size

In 2023, the global hedge shear market decreased by X% to $X, falling for the second year in a row after four years of growth. In general, consumption, however, saw a relatively flat trend pattern. Global consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Hedge Shear Production

In value terms, hedge shear production expanded slightly to $X in 2023 estimated in export price. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2023, global production growth remained at a lower figure.

Hedge Shear Exports

Exports

In 2023, shipments abroad of hedge shears and two-handed pruning shears decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the global exports failed to regain momentum.

In value terms, hedge shear exports contracted to $X in 2023. Over the period under review, total exports indicated noticeable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the global exports failed to regain momentum.

Exports by Country

China represented the key exporting country with an export of around X tons, which accounted for X% of total exports. It was distantly followed by Vietnam (X tons), Taiwan (Chinese) (X tons), Spain (X tons) and the Netherlands (X tons), together comprising a X% share of total exports. The following exporters - Germany (X tons) and Poland (X tons) - each finished at a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to hedge shear exports from China stood at X%. At the same time, Poland (X%), Spain (X%), Vietnam (X%), the Netherlands (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. By contrast, Germany (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.), Spain (X p.p.) and Poland (X p.p.) increased significantly in terms of the global exports from 2012-2023, the share of Germany (X p.p.) and China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Taiwan (Chinese) ($X) and Vietnam ($X) appeared to be the countries with the highest levels of exports in 2023, together accounting for X% of global exports. The Netherlands, Germany, Poland and Spain lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average hedge shear export price stood at $X per ton in 2023, waning by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. The global export price peaked at $X per ton in 2022, and then dropped in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other global leaders experienced more modest paces of growth.

Hedge Shear Imports

Imports

In 2023, supplies from abroad of hedge shears and two-handed pruning shears decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of global imports remained at a lower figure.

In value terms, hedge shear imports declined markedly to $X in 2023. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of global imports failed to regain momentum.

Imports by Country

The United States represented the major importing country with an import of about X tons, which finished at X% of total imports. It was distantly followed by Germany (X tons), France (X tons), the Netherlands (X tons) and Spain (X tons), together constituting a X% share of total imports. The UK (X tons), Italy (X tons), Russia (X tons), Poland (X tons), Austria (X tons), Japan (X tons), Thailand (X tons) and Tanzania (X tons) took a minor share of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of hedge shears and two-handed pruning shears. At the same time, Tanzania (X%), Russia (X%), Thailand (X%), Spain (X%), Poland (X%), Austria (X%) and Italy (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. By contrast, France (X%), the Netherlands (X%), Japan (X%), the UK (X%) and Germany (X%) illustrated a downward trend over the same period. While the share of the United States (X p.p.), Spain (X p.p.) and Russia (X p.p.) increased significantly in terms of the global imports from 2012-2023, the share of the UK (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), the Netherlands ($X) and France ($X) constituted the countries with the highest levels of imports in 2023, together accounting for X% of global imports. Germany, Spain, the UK, Italy, Poland, Austria, Russia, Japan, Thailand and Tanzania lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Tanzania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average hedge shear import price stood at $X per ton in 2023, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2023 and is likely to see steady growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform