Global Harvesting Machinery Market 2024

Harvesting Machinery Market Size

The global harvesting machinery market totaled $X in 2022, increasing by X% against the previous year. In general, consumption, however, saw a perceptible increase. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the global market failed to regain momentum.

Harvesting Machinery Production

In value terms, harvesting machinery production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, global production growth failed to regain momentum.

Harvesting Machinery Exports

Exports

In 2022, overseas shipments of root or tuber harvesting machines decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then fell notably in the following year.

In value terms, harvesting machinery exports dropped to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the global exports attained the peak figure at $X in 2021, and then shrank in the following year.

Exports by Country

Germany represented the major exporting country with an export of about X units, which finished at X% of total exports. The Netherlands (X units) ranks second in terms of the total exports with a X% share, followed by Belgium (X%), the United States (X%) and Poland (X%). The following exporters - France (X units), Italy (X units), Denmark (X units), China (X units), Turkey (X units) and the UK (X units) - together made up X% of total exports.

Germany experienced a relatively flat trend pattern with regard to volume of exports of root or tuber harvesting machines. At the same time, China (X%), Turkey (X%), the United States (X%), France (X%), Poland (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Denmark experienced a relatively flat trend pattern. By contrast, Belgium (X%), the UK (X%) and Italy (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States and the Netherlands increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest harvesting machinery supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Belgium ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

In Germany, harvesting machinery exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The average harvesting machinery export price stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The global export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while China ($X per unit) was amongst the lowest.

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

Harvesting Machinery Imports

Imports

In 2022, supplies from abroad of root or tuber harvesting machines increased by X% to X units, rising for the second consecutive year after three years of decline. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, global imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, harvesting machinery imports surged to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, global imports attained the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Russia (X units), distantly followed by France (X units) were the major importers of root or tuber harvesting machines, together creating X% of total imports. Germany (X units), Canada (X units), the UK (X units), the Netherlands (X units), Poland (X units), the United States (X units), Belarus (X units), Belgium (X units), Australia (X units), Denmark (X units) and Ireland (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to harvesting machinery imports into Russia stood at X%. At the same time, Ireland (X%), the United States (X%), Australia (X%), Germany (X%) and France (X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Belgium experienced a relatively flat trend pattern. By contrast, the UK (X%), Poland (X%), Denmark (X%), Canada (X%), Belarus (X%) and the Netherlands (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia, France, Germany and the United States increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported root or tuber harvesting machines worldwide, comprising X% of global imports. The second position in the ranking was held by France ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia totaled X%. In the other countries, the average annual rates were as follows: France (X% per year) and the UK (X% per year).

Import Prices by Country

The average harvesting machinery import price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X%. Global import price peaked in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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