Price for Tractors; (Other than Tractors of Heading No 8709) in Ireland - 2023
Contents:
- Price for Tractors; (Other than Tractors of Heading No 8709) in Ireland (CIF) - 2022
- Price for Tractors; (Other than Tractors of Heading No 8709) in Ireland (FOB) - 2022
- Imports of Tractors; (Other than Tractors of Heading No 8709) in Ireland
- Exports of Tractors; (Other than Tractors of Heading No 8709) in Ireland
Price for Tractors; (Other than Tractors of Heading No 8709) in Ireland (CIF) - 2022
The average import price for tractors; (other than tractors of heading no 8709)s stood at $16,937 per unit in 2022, growing by 57% against the previous year. In general, the import price, however, recorded a deep reduction. Over the period under review, average import prices attained the peak figure at $64,585 per unit in 2012; however, from 2013 to 2022, 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 Belgium ($72,257 per unit), while the price for the United States ($6,054 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.3%), while the prices for the other major suppliers experienced a decline.
Price for Tractors; (Other than Tractors of Heading No 8709) in Ireland (FOB) - 2022
The average export price for tractors; (other than tractors of heading no 8709)s stood at $10,974 per unit in 2022, which is down by -57.6% against the previous year. Over the period under review, the export price recorded a perceptible reduction. The growth pace was the most rapid in 2019 an increase of 120% against the previous year. As a result, the export price attained the peak level of $41,369 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($35,248 per unit), while the average price for exports to Greece ($2,089 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 Canada (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tractors; (Other than Tractors of Heading No 8709) in Ireland
In 2022, after three years of growth, there was significant decline in supplies from abroad of tractors; (other than tractors of heading no 8709)s, when their volume decreased by -15.2% to 25K units. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 229%. As a result, imports attained the peak of 30K units, and then shrank notably in the following year.
In value terms, imports of tractors; (other than tractors of heading no 8709)s surged to $426M in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 39% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Import of Tractors; (Other than Tractors of Heading No 8709) in Ireland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 110 | 122 | 111 | 109 | -0.3% |
Netherlands | 0.7 | 5.1 | 20.6 | 96.1 | 415.9% |
Germany | 36.1 | 38.6 | 55.7 | 74.5 | 27.3% |
France | 24.7 | 22.8 | 44.3 | 55.3 | 30.8% |
Belgium | 12.0 | 16.5 | 15.8 | 26.7 | 30.5% |
Italy | 5.7 | 6.8 | 28.4 | 23.8 | 61.0% |
Spain | N/A | 0.1 | 0.2 | 5.0 | 607.1% |
United States | 5.6 | 4.7 | 8.5 | 4.7 | -5.7% |
Others | 17.8 | 12.8 | 35.9 | 30.9 | 20.2% |
Total | 212 | 230 | 320 | 426 | 26.2% |
Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to Ireland in 2022:
- United Kingdom (11.8K units)
- Netherlands (3.4K units)
- Germany (1.9K units)
- France (1.4K units)
- United States (0.8K units)
- Italy (0.7K units)
- Belgium (0.4K units)
- Spain (0.4K units)
Exports of Tractors; (Other than Tractors of Heading No 8709) in Ireland
In 2022, approx. 6.4K units of tractors; (other than tractors of heading no 8709)s were exported from Ireland; growing by 247% compared with 2021 figures. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tractors; (other than tractors of heading no 8709)s skyrocketed to $71M in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 245% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
Export of Tractors; (Other than Tractors of Heading No 8709) in Ireland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 3.7 | 3.6 | 36.5 | 53.6 | 143.8% |
United States | 3.7 | 1.7 | 2.0 | 2.7 | -10.0% |
Canada | 1.5 | 2.7 | 0.2 | 2.4 | 17.0% |
Spain | N/A | N/A | N/A | 1.2 | 0% |
Belgium | 0.5 | 0.6 | 1.0 | 1.0 | 26.0% |
Netherlands | 0.1 | 0.3 | 0.7 | 0.9 | 108.0% |
France | 0.5 | 0.3 | 0.9 | 0.6 | 6.3% |
Germany | 1.5 | 1.0 | 3.3 | 0.4 | -35.6% |
Sudan | 0.2 | 0.8 | 0.3 | 0.2 | 0.0% |
Greece | N/A | N/A | N/A | 0.2 | 0% |
Others | 3.7 | 3.0 | 3.1 | 7.3 | 25.4% |
Total | 15.3 | 13.9 | 48.1 | 70.7 | 66.6% |
Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from Ireland in 2022:
- United Kingdom (3092.0 units)
- Spain (421.0 units)
- Sudan (102.0 units)
- Netherlands (95.0 units)
- Greece (82.0 units)
- United States (78.0 units)
- Canada (75.0 units)
- France (54.0 units)
- Belgium (38.0 units)
- Germany (28.0 units)
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