U.S.: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in the U.S.

The U.S. harvesting machinery market totaled $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption saw buoyant growth. Harvesting machinery consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Harvesting Machinery Production in the U.S.

In value terms, harvesting machinery production totaled $X in 2022. In general, production saw prominent growth. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Harvesting Machinery Exports

Exports from the U.S.

In 2022, approx. X units of root or tuber harvesting machines were exported from the United States; picking up by X% compared with 2021 figures. Over the period under review, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, harvesting machinery exports rose slightly to $X in 2022. In general, exports posted a noticeable expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X units) was the main destination for harvesting machinery exports from the United States, with a X% share of total exports. Moreover, harvesting machinery exports to Canada exceeded the volume sent to the second major destination, China (X units), more than tenfold. Brazil (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Brazil (X% per year).

In value terms, Canada ($X) remains the key foreign market for root or tuber harvesting machines exports from the United States, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Australia (X% per year).

Export Prices by Country

In 2022, the average harvesting machinery export price amounted to $X per unit, dropping by X% against the previous year. Overall, the export price saw a pronounced setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced a decline.

Harvesting Machinery Imports

Imports into the U.S.

After three years of growth, supplies from abroad of root or tuber harvesting machines decreased by X% to X units in 2022. Over the period under review, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at X units in 2021, and then shrank in the following year.

In value terms, harvesting machinery imports dropped rapidly to $X in 2022. Overall, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

The Netherlands (X units), Germany (X units) and Canada (X units) were the main suppliers of harvesting machinery imports to the United States, together accounting for X% of total imports. Italy, Spain, Denmark, the UK and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of root or tuber harvesting machines to the United States, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Canada (X% per year).

Import Prices by Country

The average harvesting machinery import price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price saw a mild downturn. The growth pace was the most rapid in 2018 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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