Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Russia - 2022

Contents:

1. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Russia (CIF) - 2022
2. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Russia (FOB) - 2022
3. Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Russia
4. Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Russia

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Russia (CIF) - 2022

The average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $426 per unit in 2022, falling by -3.4% against the previous year. Over the period under review, the import price saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2015 when the average import price increased by 218% against the previous year. Over the period under review, average import prices hit record highs at $2,408 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($821 per unit), while the price for France ($124 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.8%), while the prices for the other major suppliers experienced a decline.

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Russia (FOB) - 2022

The average export price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $1,377 per unit in 2022, with an increase of 76% against the previous year. Over the period under review, the export price continues to indicate a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($1,382 per unit), while the average price for exports to Mongolia stood at $484 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+4.2%), while the prices for the other major destinations experienced a decline.

Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Russia

Imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses into Russia plummeted to 245K units in 2022, declining by -17.2% on the previous year. Overall, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 97% against the previous year. As a result, imports reached the peak of 296K units, and then declined remarkably in the following year.

In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses shrank remarkably to $104M in 2022. Over the period under review, total imports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +4.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 67% against the previous year. As a result, imports attained the peak of $131M, and then shrank notably in the following year.

Top Suppliers of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes to Russia in 2022:

1. China (172.0K units)
2. Germany (28.7K units)
3. France (8.1K units)
4. Italy (7.2K units)
5. Poland (6.6K units)
6. Turkey (5.4K units)
7. Austria (4.8K units)

Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Russia

In 2022, after three years of growth, there was significant decline in shipments abroad of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses, when their volume decreased by -35.4% to 26K units. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 59%. Over the period under review, the exports of hit record highs at 40K units in 2021, and then reduced markedly in the following year.

In value terms, exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses rose markedly to $35M in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 92%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes from Russia in 2022:

1. Kazakhstan (24.4K units)
2. Mongolia (1.0K units)

Source: IndexBox Market Intelligence Platform