Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Singapore - 2023

Contents:

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

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

The average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $1,130 per unit in 2022, with an increase of 244% against the previous year. In general, the import price enjoyed a buoyant increase. Over the period under review, average import prices reached the maximum at $1,243 per unit in 2018; however, from 2019 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 the United States ($2,887 per unit), while the price for Japan ($240 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $175 per unit, with a decrease of -72.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 1,208%. As a result, the export price attained the peak level of $1,264 per unit. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($463 per unit), while the average price for exports to Vietnam ($109 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 the Philippines (+60.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses, when their volume decreased by -79.4% to 139 units. In general, imports showed a deep reduction. The growth pace was the most rapid in 2020 with an increase of 254%. Over the period under review, imports of reached the maximum at 675 units in 2021, and then reduced markedly in the following year.

In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses reduced notably to $157K in 2022. Overall, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 199% against the previous year. As a result, imports reached the peak of $345K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. Japan (54.0 units)
2. China (42.0 units)
3. United States (40.0 units)

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

Exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses from Singapore skyrocketed to 661 units in 2022, increasing by 984% against 2021 figures. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses soared to $116K in 2022. In general, exports saw a significant expansion. The exports peaked at $156K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

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

1. Vietnam (547.0 units)
2. Indonesia (67.0 units)
3. Malaysia (46.0 units)

Source: IndexBox Market Intelligence Platform