Southern Asia: Agricultural Self-Loading Trailer Market 2024

Agricultural Self-Loading Trailer Market Size in Southern Asia

The South Asian agricultural self-loading trailer market expanded remarkably to $X in 2022, with an increase of X% against the previous year. Overall, consumption showed a mild setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Agricultural Self-Loading Trailer Production in Southern Asia

In value terms, agricultural self-loading trailer production expanded modestly to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Agricultural Self-Loading Trailer Exports

Exports in Southern Asia

In 2022, approx. X units of self-loading or self-unloading trailers for agricultural purposes were exported in Southern Asia; increasing by X% against 2021. In general, exports continue to indicate a notable expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, agricultural self-loading trailer exports surged to $X in 2022. Over the period under review, exports showed a notable expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India prevails in exports structure, recording X units, which was approx. X% of total exports in 2022. Sri Lanka (X units) took a little share of total exports.

India was also the fastest-growing in terms of the self-loading or self-unloading trailers for agricultural purposes exports, with a CAGR of X% from 2012 to 2022. Sri Lanka (X%) illustrated a downward trend over the same period. While the share of India (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Sri Lanka (X p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest agricultural self-loading trailer supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total exports.

In India, agricultural self-loading trailer exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, growing by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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

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

Agricultural Self-Loading Trailer Imports

Imports in Southern Asia

After two years of growth, purchases abroad of self-loading or self-unloading trailers for agricultural purposes decreased by X% to X units in 2022. Total imports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then reduced notably in the following year.

In value terms, agricultural self-loading trailer imports shrank notably to $X in 2022. Over the period under review, imports, however, showed 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, and then dropped markedly in the following year.

Imports by Country

Bangladesh (X units) and India (X units) were the largest importers of self-loading or self-unloading trailers for agricultural purposes in 2022, reaching near X% and X% of total imports, respectively. It was distantly followed by Pakistan (X units), Afghanistan (X units), Sri Lanka (X units), Bhutan (X units) and Maldives (X units), together generating a X% share of total imports.

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

In value terms, India ($X) constitutes the largest market for imported self-loading or self-unloading trailers for agricultural purposes in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Pakistan ($X), with a X% share of total imports. It was followed by Bhutan, with a X% share.

In India, agricultural self-loading trailer 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: Pakistan (X% per year) and Bhutan (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. Over the period under review, import prices attained the peak figure 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 Bhutan ($X per unit), while Afghanistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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