Italy - Tractors - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTractor Price in Italy - 2023
Contents:
- Tractor Price in Italy (CIF) - 2023
- Tractor Price in Italy (FOB) - 2023
- Tractor Imports in Italy
- Tractor Exports in Italy
Tractor Price in Italy (CIF) - 2023
In August 2023, the average tractor import price amounted to $43,336 per unit, waning by -18.2% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 19% against the previous month. As a result, import price reached the peak level of $58,796 per unit. From January 2023 to August 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($117K per unit), while the price for Japan ($4,729 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Tractor Price in Italy (FOB) - 2023
The average tractor export price stood at $50,963 per unit in August 2023, falling by -1.8% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.2%. The pace of growth was the most pronounced in November 2022 when the average export price increased by 11% against the previous month. Over the period under review, the average export prices reached the peak figure at $51,913 per unit in July 2023, and then reduced in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Bulgaria ($67,751 per unit), while the average price for exports to Germany ($35,059 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Tractor Imports in Italy
In 2022, approx. 42K units of tractors were imported into Italy; which is down by -31.5% compared with the year before. In general, imports, however, posted a pronounced increase. The pace of growth appeared the most rapid in 2021 when imports increased by 101%. As a result, imports attained the peak of 62K units, and then dropped markedly in the following year.
In value terms, tractor imports reduced to $2.3B in 2022. The total import value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 37%. As a result, imports attained the peak of $2.5B, and then dropped in the following year.
Import of Tractor in Italy (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 385 | 489 | 679 | 576 | 14.4% |
Germany | 333 | 365 | 479 | 452 | 10.7% |
France | 169 | 220 | 366 | 318 | 23.5% |
Turkey | 225 | 225 | 267 | 244 | 2.7% |
Sweden | 241 | 197 | 276 | 235 | -0.8% |
Netherlands | 158 | 126 | 166 | 143 | -3.3% |
Austria | 97.5 | 39.7 | 63.6 | 58.4 | -15.7% |
India | 21.8 | 17.0 | 35.7 | 48.5 | 30.5% |
Poland | 14.4 | 25.0 | 42.0 | 38.8 | 39.2% |
China | 13.9 | 5.2 | 4.3 | 4.4 | -31.8% |
Japan | 1.6 | 1.5 | 1.6 | 2.0 | 7.7% |
Others | 164 | 150 | 161 | 147 | -3.6% |
Total | 1,824 | 1,860 | 2,541 | 2,267 | 7.5% |
Top Suppliers of Tractor to Italy in 2022:
- Germany (10.3K units)
- Spain (7.3K units)
- Turkey (6.5K units)
- France (5.9K units)
- Netherlands (3.4K units)
- India (2.6K units)
- Sweden (2.4K units)
- Poland (1.5K units)
- China (1.2K units)
- Austria (1.0K units)
- Japan (0.7K units)
Tractor Exports in Italy
In 2022, exports of tractors from Italy contracted to 61K units, waning by -13.5% compared with 2021 figures. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. As a result, the exports attained the peak of 70K units, and then shrank in the following year.
In value terms, tractor exports fell slightly to $2.1B in 2022. The total export value increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of $2.2B, and then shrank slightly in the following year.
Export of Tractor in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 100 | 108 | 138 | 237 | 33.3% |
France | 261 | 280 | 319 | 230 | -4.1% |
Germany | 172 | 188 | 214 | 215 | 7.7% |
Spain | 150 | 138 | 189 | 127 | -5.4% |
Poland | 72.9 | 96.6 | 141 | 123 | 19.0% |
Austria | 77.2 | 99.2 | 138 | 96.7 | 7.8% |
Turkey | 10.8 | 37.2 | 105 | 93.7 | 105.5% |
United Kingdom | 69.8 | 87.0 | 67.5 | 80.1 | 4.7% |
Switzerland | 54.9 | 58.6 | 51.0 | 69.9 | 8.4% |
South Africa | 25.0 | 30.3 | 41.2 | 53.5 | 28.9% |
Australia | 28.7 | 33.2 | 40.4 | 46.5 | 17.5% |
Greece | 27.0 | 59.3 | 83.4 | 39.0 | 13.0% |
Portugal | 38.2 | 41.2 | 50.7 | 37.7 | -0.4% |
Others | 547 | 492 | 604 | 632 | 4.9% |
Total | 1,635 | 1,749 | 2,182 | 2,081 | 8.4% |
Top Export Markets for Tractor from Italy in 2022:
- Germany (5.6K units)
- United States (5.3K units)
- France (5.2K units)
- Poland (4.0K units)
- Austria (4.0K units)
- Spain (3.4K units)
- Turkey (2.8K units)
- United Kingdom (1.8K units)
- South Africa (1.5K units)
- Australia (1.2K units)
- Switzerland (1.2K units)
- Portugal (1.1K units)
- Greece (1.1K units)
This report provides an in-depth analysis of the tractor market in Italy. 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 28301000 - Pedestrian-controlled tractors
- Prodcom 28302100 - New agricultural and forestry tractors, wheeled, of an engine power . .37 kW
- Prodcom 28302200 - New agricultural and forestry tractors, wheeled, of an engine power > .37 kW but . .59 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302330 - New agricultural and forestry tractors, wheeled, of an engine power > .59 kW but . .75 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302350 - New agricultural and forestry tractors, wheeled, of an engine power > .75 kW but . .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302370 - New agricultural and forestry tractors, wheeled, of an engine power > .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302390 - New tractors excluding agricultural/forestry tractors, wheeled, p edestrian-controlled tractors - road tractors for semi-trailers, t rack-laying tractors -tractors used on railway platforms
- Prodcom 28925000 - (Crawler tractors) Track-laying tractors
- Prodcom 29104300 - Road tractors for semi-trailers
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
-
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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the tractor market in Italy.
This report provides an in-depth analysis of the market for road tractor for semi-trailer in Italy.
This report provides an in-depth analysis of the crawler tractor market in Italy.
This report provides an in-depth analysis of the pedestrian-controlled tractor market in Italy.
This report provides an in-depth analysis of the market for agricultural and forestry tractor in Italy.
This report provides an in-depth analysis of the global tractor market.
This report provides an in-depth analysis of the global market for road tractor for semi-trailer.
This report provides an in-depth analysis of the global crawler tractor market.
This report provides an in-depth analysis of the global pedestrian-controlled tractor market.
This report provides an in-depth analysis of the global market for agricultural and forestry tractor.
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
Explore the top countries by import value for Crawler Tractors, including the United States, Canada, Australia, and more. Discover key statistics and trends in the global market for these essential machines.
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
Explore the top countries by import value for Crawler Tractors, including the United States, Canada, Australia, and more. Discover key statistics and trends in the global market for these essential machines.
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.