Argentina: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in Argentina

The Argentinian agricultural harvester market totaled $X in 2023, leveling off at the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Agricultural Harvester Production in Argentina

In value terms, agricultural harvester production amounted to $X in 2023 estimated in export price. In general, the total production indicated a moderate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Agricultural Harvester Exports

Exports from Argentina

In 2023, overseas shipments of agricultural harvesters decreased by X% to X units, falling for the second year in a row after two years of growth. In general, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

In value terms, agricultural harvester exports reached $X in 2023. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Ukraine (X units) was the main destination for agricultural harvester exports from Argentina, with a X% share of total exports. Moreover, agricultural harvester exports to Ukraine exceeded the volume sent to the second major destination, Uruguay (X units), twofold. Paraguay (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Ukraine was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (X% per year) and Paraguay (X% per year).

In value terms, Paraguay ($X) emerged as the key foreign market for agricultural harvesters exports from Argentina, comprising X% of total exports. The second position in the ranking was held by Uruguay ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Paraguay amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (X% per year) and Ukraine (X% per year).

Export Prices by Country

In 2023, the average agricultural harvester export price amounted to $X per unit, growing by X% against the previous year. In general, the export price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($X per unit), while the average price for exports to Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (X%), while the prices for the other major destinations experienced a decline.

Agricultural Harvester Imports

Imports into Argentina

Agricultural harvester imports into Argentina shrank modestly to X units in 2023, falling by X% on the previous year's figure. Overall, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, agricultural harvester imports shrank sharply to $X in 2023. In general, imports saw a deep setback. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, Germany (X units) constituted the largest supplier of agricultural harvester to Argentina, with a X% share of total imports. Moreover, agricultural harvester imports from Germany exceeded the figures recorded by the second-largest supplier, Brazil (X units), fivefold. The United States (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and the United States (X% per year).

In value terms, Germany ($X) constituted the largest supplier of agricultural harvesters to Argentina, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by the United States, with an X% share.

From 2012 to 2023, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and the United States (X% per year).

Import Prices by Country

In 2023, the average agricultural harvester import price amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price showed a mild shrinkage. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2021 to 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform