ASEAN - Ploughs for Agricultural Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingASEAN: Plough Market 2024
Plough Market Size in ASEAN
In 2023, the ASEAN plough market decreased by X% to $X, falling for the fourth consecutive year after two years of growth. In general, consumption recorded a deep contraction. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.
Plough Production in ASEAN
In value terms, plough production reduced modestly to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2023, production growth remained at a lower figure.
Plough Exports
Exports in ASEAN
In 2023, shipments abroad of ploughs for agricultural purposes increased by X% to X units, rising for the fifth year in a row after three years of decline. Overall, exports recorded a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2023 and are expected to retain growth in the near future.
In value terms, plough exports skyrocketed to $X in 2023. Over the period under review, exports, however, faced a abrupt descent. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.
Exports by Country
Thailand dominates exports structure, finishing at X units, which was near X% of total exports in 2023. Vietnam (X units) followed a long way behind the leaders.
Thailand was also the fastest-growing in terms of the ploughs for agricultural purposes exports, with a CAGR of X% from 2012 to 2023. Vietnam experienced a relatively flat trend pattern. Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while Vietnam saw its share reduced by X% from 2012 to 2023, respectively.
In value terms, the largest plough supplying countries in ASEAN were Vietnam ($X) and Thailand ($X).
Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.
Export Prices by Country
The export price in ASEAN stood at $X per unit in 2023, with a decrease of X% against the previous year. In general, the export price faced a significant decrease. The growth pace was the most rapid in 2017 an increase of X%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Thailand amounted to $X per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%).
Plough Imports
Imports in ASEAN
After three years of growth, purchases abroad of ploughs for agricultural purposes decreased by X% to X units in 2023. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2023, the growth of imports remained at a somewhat lower figure.
In value terms, plough imports reduced notably to $X in 2023. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.
Imports by Country
Thailand was the largest importing country with an import of about X units, which recorded X% of total imports. Indonesia (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Lao People's Democratic Republic (X%), Vietnam (X%) and Myanmar (X%). The following importers - the Philippines (X units) and Cambodia (X units) - each amounted to a X% share of total imports.
Thailand was also the fastest-growing in terms of the ploughs for agricultural purposes imports, with a CAGR of X% from 2012 to 2023. At the same time, Indonesia (X%) and Vietnam (X%) displayed positive paces of growth. By contrast, the Philippines (X%), Myanmar (X%), Lao People's Democratic Republic (X%) and Cambodia (X%) illustrated a downward trend over the same period. Thailand (X p.p.), Indonesia (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total imports, while Myanmar, Lao People's Democratic Republic and Cambodia saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest plough importing markets in ASEAN were Vietnam ($X), Myanmar ($X) and Indonesia ($X), with a combined X% share of total imports. The Philippines, Thailand, Lao People's Democratic Republic and Cambodia lagged somewhat behind, together accounting for a further X%.
Among the main importing countries, the Philippines, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 ASEAN stood at $X per unit in 2023, declining by X% against the previous year. In general, the import price saw a abrupt setback. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2020; however, from 2021 to 2023, import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Philippines ($X per unit), while Thailand ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the plough market in ASEAN. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28303130 -
- Prodcom 28303150 -
Country coverage:
- Brunei Darussalam
- Cambodia
- Indonesia
- Lao People's Democratic Republic
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ASEAN, split by region and country
- Trade (exports and imports) in ASEAN
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Vietnam
- Lao People's Democratic Republic
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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