Threshing Machinery Market Overview in China
In value terms, threshing machinery production expanded significantly to $ in 2019 estimated in export prices. In general, production, however, showed a mild reduction. The most prominent rate of growth was recorded in 2010 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in 2012; however, from 2013 to 2019, production failed to regain the momentum.
The size of the threshing machinery market in China fell to $ in 2019, declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of % year-to-year. Threshing machinery consumption peaked at $ in 2013; however, from 2014 to 2019, consumption remained at a lower figure.