Southern Asia: Threshing Machinery Market 2024

Threshing Machinery Market Size in Southern Asia

The South Asian threshing machinery market fell to $X in 2023, remaining stable against the previous year. In general, consumption recorded a mild decline. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2023, consumption failed to regain momentum.

Threshing Machinery Production in Southern Asia

In value terms, threshing machinery production contracted to $X in 2023 estimated in export price. Over the period under review, production showed a slight setback. The growth pace was the most rapid in 2020 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2023, production stood at a somewhat lower figure.

Threshing Machinery Exports

Exports in Southern Asia

Threshing machinery exports amounted to X units in 2023, rising by X% on 2022 figures. Over the period under review, exports recorded a buoyant expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, threshing machinery exports skyrocketed to $X in 2023. Overall, exports showed a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

India dominates exports structure, accounting for X units, which was approx. X% of total exports in 2023. It was distantly followed by Pakistan (X units), making up a X% share of total exports.

India was also the fastest-growing in terms of the threshing machinery except combine harvester-threshers exports, with a CAGR of X% from 2012 to 2023. Pakistan (X%) illustrated a downward trend over the same period. India (X p.p.) significantly strengthened its position in terms of the total exports, while Pakistan saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, India ($X) remains the largest threshing machinery supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Pakistan ($X), with a X% share of total exports.

In India, threshing machinery exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2023, growing by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2023, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Pakistan ($X per unit), while India totaled $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Pakistan (X%).

Threshing Machinery Imports

Imports in Southern Asia

In 2023, the amount of threshing machinery except combine harvester-threshers imported in Southern Asia soared to X units, picking up by X% compared with the year before. Overall, imports posted a strong expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, threshing machinery imports skyrocketed to $X in 2023. Over the period under review, imports posted a prominent increase. Over the period under review, imports reached the peak figure at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

Nepal represented the largest importing country with an import of around X units, which amounted to X% of total imports. India (X units) ranks second in terms of the total imports with a X% share, followed by Afghanistan (X%) and Bangladesh (X%).

From 2012 to 2023, average annual rates of growth with regard to threshing machinery imports into Nepal stood at X%. At the same time, India (X%), Bangladesh (X%) and Afghanistan (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2023. While the share of India (X p.p.) and Bangladesh (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Afghanistan (X p.p.) and Nepal (X p.p.) displayed negative dynamics.

In value terms, Nepal ($X) constitutes the largest market for imported threshing machinery except combine harvester-threshers in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Afghanistan, with a X% share.

In Nepal, threshing machinery imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: India (X% per year) and Afghanistan (X% per year).

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price, however, saw a slight setback. The level of import peaked at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform