Market movement
In 2024, harrows: (excluding disc), scarifiers, cultivators, weeders and hoes trade exhibited significant decline, with global flows reaching $1,617,032,476 and a three-year compound annual growth rate of -4.7% (five-year: +5.2%). The all-time peak of $1,889,836,398 was recorded in 2022; the current level is 14% below that high-water mark.
Over the 30-year observation window (1995–2024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-7.0% acceleration).
The World Trade Flows Characterization classifies harrows: (excluding disc), scarifiers, cultivators, weeders and hoes as "Two-way vertical trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.
