Asia-Pacific: Market for Straw Or Fodder Balers, Including Pickup Balers 2024

Market Size for Straw Or Fodder Balers, Including Pickup Balers in Asia-Pacific

The Asia-Pacific straw for fodder balers market stood at $X in 2022, remaining stable against the previous year. In general, consumption posted buoyant growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Straw Or Fodder Balers, Including Pickup Balers in Asia-Pacific

In value terms, straw for fodder balers production reached $X in 2022 estimated in export price. Overall, production recorded a remarkable increase. The growth pace was the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports in Asia-Pacific

Straw for fodder balers exports expanded notably to X units in 2022, surging by X% on 2021 figures. Over the period under review, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, straw for fodder balers exports shrank to $X in 2022. In general, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then dropped in the following year.

Exports by Country

In 2022, China (X units) was the main exporter of straw or fodder balers, including pickup balers, committing X% of total exports. It was distantly followed by Japan (X units), committing a X% share of total exports. New Zealand (X units), South Korea (X units) and India (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 exports from China stood at X%. At the same time, India (X%), New Zealand (X%) and Japan (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, 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 China and India increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest straw for fodder balers supplying countries in Asia-Pacific were China ($X), Japan ($X) and New Zealand ($X), with a combined X% share of total exports. India and South Korea lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, India, 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 leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, which is down by X% against the previous year. In general, the export price showed a abrupt contraction. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

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

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports in Asia-Pacific

After three years of growth, overseas purchases of straw or fodder balers, including pickup balers decreased by X% to X units in 2022. Over the period under review, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then reduced in the following year.

In value terms, straw for fodder balers imports shrank markedly to $X in 2022. In general, imports, however, recorded a strong increase. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then contracted remarkably in the following year.

Imports by Country

Thailand (X units), Australia (X units) and China (X units) represented roughly X% of total imports in 2022. It was distantly followed by New Zealand (X units), Japan (X units) and South Korea (X units), together creating a X% share of total imports. Vietnam (X units) took a relatively small share of total imports.

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

In value terms, the largest straw for fodder balers importing markets in Asia-Pacific were China ($X), Australia ($X) and New Zealand ($X), together accounting for X% of total imports. Japan, South Korea, Thailand and Vietnam lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price saw a pronounced 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 maximum at $X per unit in 2013; however, from 2014 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 China ($X per unit), while Thailand ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :