EU: Seeder And Planter Market 2024

Seeder And Planter Market Size in the EU

In 2023, the EU seeder and planter market increased by X% to $X, rising for the seventh year in a row after two years of decline. The total consumption indicated a modest 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, consumption increased by X% against 2016 indices. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market failed to regain momentum.

Seeder And Planter Production in the EU

In value terms, seeder and planter production reached $X in 2023 estimated in export price. Over the period under review, production, however, recorded a mild setback. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.

Seeder And Planter Exports

Exports in the EU

In 2023, seeder and planter exports in the European Union reached X units, picking up by X% compared with 2022. Over the period under review, exports, however, continue to indicate a sharp decline. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2023, the growth of the exports remained at a lower figure.

In value terms, seeder and planter exports fell slightly to $X in 2023. In general, exports, however, saw a precipitous contraction. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Hungary represented the major exporter of seeders, planters, transplanters in the European Union, with the volume of exports recording X units, which was approx. X% of total exports in 2023. France (X units) ranks second in terms of the total exports with a X% share, followed by Slovenia (X%). Ireland (X units) held a little share of total exports.

From 2012 to 2023, average annual rates of growth with regard to seeder and planter exports from Hungary stood at X%. At the same time, Ireland (X%) and Slovenia (X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. By contrast, France (X%) illustrated a downward trend over the same period. Hungary (X p.p.), Slovenia (X p.p.), France (X p.p.) and Ireland (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hungary ($X) remains the largest seeder and planter supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Slovenia, with a X% share.

In Hungary, seeder and planter exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: France (X% per year) and Slovenia (X% per year).

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2022, and then dropped modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Slovenia ($X per unit), while Ireland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the other leaders experienced more modest paces of growth.

Seeder And Planter Imports

Imports in the EU

In 2023, purchases abroad of seeders, planters, transplanters was finally on the rise to reach X units after four years of decline. Over the period under review, imports, however, showed a significant decrease. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The volume of import peaked at X units in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, seeder and planter imports contracted slightly to $X in 2023. In general, imports, however, saw a sharp shrinkage. The growth pace was the most rapid in 2018 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

Hungary prevails in imports structure, finishing at X units, which was approx. X% of total imports in 2023. Slovenia (X units) ranks second in terms of the total imports with a X% share, followed by Ireland (X%).

Imports into Hungary decreased at an average annual rate of X% from 2012 to 2023. At the same time, Slovenia (X%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2023. Ireland experienced a relatively flat trend pattern. From 2012 to 2023, the share of Hungary, Slovenia and Ireland increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hungary ($X) constitutes the largest market for imported seeders, planters, transplanters in the European Union, comprising X% of total imports. The second position in the ranking was held by Slovenia ($X), with an X% share of total imports.

In Hungary, seeder and planter imports remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: Slovenia (X% per year) and Ireland (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2023, remaining constant against the previous year. Import price indicated a noticeable expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, seeder and planter import price increased by X% against 2017 indices. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2022, and then contracted modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hungary ($X per unit), while Ireland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform