China: Agricultural Self-Loading Trailer Market 2024

Agricultural Self-Loading Trailer Market Size in China

The Chinese agricultural self-loading trailer market dropped modestly to $X in 2022, almost unchanged from the previous year. Over the period under review, consumption, however, recorded a mild contraction. The pace of growth appeared the most rapid in 2018 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Agricultural Self-Loading Trailer Production in China

In value terms, agricultural self-loading trailer production shrank slightly to $X in 2022 estimated in export price. In general, production showed a mild shrinkage. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Agricultural Self-Loading Trailer Exports

Exports from China

After three years of growth, shipments abroad of self-loading or self-unloading trailers for agricultural purposes decreased by X% to X units in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units, and then declined rapidly in the following year.

In value terms, agricultural self-loading trailer exports fell markedly to $X in 2022. Overall, exports showed a deep contraction. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Benin (X units) was the main destination for agricultural self-loading trailer exports from China, with a X% share of total exports. Moreover, agricultural self-loading trailer exports to Benin exceeded the volume sent to the second major destination, Guinea (X units), twofold. Sierra Leone (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Benin stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guinea (X% per year) and Sierra Leone (X% per year).

In value terms, the largest markets for agricultural self-loading trailer exported from China were Benin ($X), Sierra Leone ($X) and Guinea ($X), together comprising X% of total exports.

Benin, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average agricultural self-loading trailer export price amounted to $X per unit, growing by X% against the previous year. Overall, the export price, however, saw a deep slump. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average 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.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sierra Leone ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (X%), while the prices for the other major destinations experienced a decline.

Agricultural Self-Loading Trailer Imports

Imports into China

In 2022, the amount of self-loading or self-unloading trailers for agricultural purposes imported into China soared to X units, with an increase of X% on 2021. Over the period under review, imports recorded slight growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, agricultural self-loading trailer imports soared to $X in 2022. Overall, imports, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Austria (X units) was the main supplier of agricultural self-loading trailer to China, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Austria stood at X%.

In value terms, Austria ($X) constituted the largest supplier of self-loading or self-unloading trailers for agricultural purposes to China.

From 2012 to 2022, the average annual rate of growth in terms of value from Austria stood at X%.

Import Prices by Country

The average agricultural self-loading trailer import price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Austria.

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

Source: IndexBox Platform

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