Price for Tractors; (Other than Tractors of Heading No 8709) in Germany - 2023
Contents:
- Price for Tractors; (Other than Tractors of Heading No 8709) in Germany (FOB) - 2022
- Price for Tractors; (Other than Tractors of Heading No 8709) in Germany (CIF) - 2022
- Exports of Tractors; (Other than Tractors of Heading No 8709) in Germany
- Imports of Tractors; (Other than Tractors of Heading No 8709) in Germany
Price for Tractors; (Other than Tractors of Heading No 8709) in Germany (FOB) - 2022
The average export price for tractors; (other than tractors of heading no 8709)s stood at $83,116 per unit in 2022, growing by 5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2021 an increase of 13%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($125,354 per unit), while the average price for exports to Ukraine ($45,060 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 the United States (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tractors; (Other than Tractors of Heading No 8709) in Germany (CIF) - 2022
The average import price for tractors; (other than tractors of heading no 8709)s stood at $43,996 per unit in 2022, rising by 20% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt contraction. The growth pace was the most rapid in 2013 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $123,873 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
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 the United States ($114,077 per unit), while the price for China ($4,806 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Tractors; (Other than Tractors of Heading No 8709) in Germany
Exports of tractors; (other than tractors of heading no 8709)s from Germany expanded to 135K units in 2022, rising by 4.7% against the year before. The total export volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, exports of tractors; (other than tractors of heading no 8709)s expanded significantly to $11.2B in 2022. The total export value increased at an average annual rate of +8.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Tractors; (Other than Tractors of Heading No 8709) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 596 | 840 | 1,216 | 1,530 | 36.9% |
| France | 1,460 | 1,222 | 1,391 | 1,419 | -0.9% |
| United Kingdom | 682 | 494 | 820 | 835 | 7.0% |
| Poland | 406 | 371 | 597 | 726 | 21.4% |
| Italy | 388 | 400 | 499 | 495 | 8.5% |
| South Africa | 282 | 231 | 280 | 465 | 18.1% |
| Spain | 518 | 345 | 435 | 463 | -3.7% |
| Netherlands | 346 | 343 | 385 | 379 | 3.1% |
| Austria | 315 | 278 | 385 | 367 | 5.2% |
| Australia | 175 | 233 | 264 | 298 | 19.4% |
| Saudi Arabia | 187 | 160 | 154 | 297 | 16.7% |
| Hungary | 205 | 178 | 200 | 275 | 10.3% |
| Ukraine | 109 | 69.5 | 118 | 140 | 8.7% |
| Others | 3,092 | 2,580 | 3,448 | 3,554 | 4.8% |
| Total | 8,761 | 7,745 | 10,192 | 11,242 | 8.7% |
Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from Germany in 2022:
- Poland (15.8K units)
- France (14.1K units)
- United States (12.2K units)
- United Kingdom (8.1K units)
- Spain (5.8K units)
- Italy (5.1K units)
- Netherlands (5.1K units)
- Saudi Arabia (5.0K units)
- Austria (5.0K units)
- South Africa (4.4K units)
- Australia (3.4K units)
- Ukraine (3.1K units)
- Hungary (2.9K units)
Imports of Tractors; (Other than Tractors of Heading No 8709) in Germany
In 2022, approx. 74K units of tractors; (other than tractors of heading no 8709)s were imported into Germany; reducing by -6.6% compared with 2021 figures. The total import volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports reached the peak of 79K units, and then shrank in the following year.
In value terms, imports of tractors; (other than tractors of heading no 8709)s expanded remarkably to $3.3B in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Tractors; (Other than Tractors of Heading No 8709) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 532 | 426 | 565 | 669 | 7.9% |
| France | 341 | 377 | 422 | 469 | 11.2% |
| Italy | 310 | 388 | 407 | 421 | 10.7% |
| Turkey | 351 | 193 | 275 | 322 | -2.8% |
| Poland | 204 | 179 | 261 | 274 | 10.3% |
| United States | 356 | 251 | 178 | 216 | -15.3% |
| Austria | 116 | 130 | 173 | 196 | 19.1% |
| India | 19.4 | 18.0 | 65.9 | 79.8 | 60.2% |
| China | 32.8 | 34.1 | 92.0 | 50.9 | 15.8% |
| Japan | 73.3 | 63.1 | 99.3 | 36.9 | -20.4% |
| Taiwan (Chinese) | 10.5 | 29.7 | 32.5 | 29.3 | 40.8% |
| Others | 709 | 422 | 340 | 500 | -11.0% |
| Total | 3,055 | 2,512 | 2,910 | 3,265 | 2.2% |
Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to Germany in 2022:
- China (10.6K units)
- Netherlands (10.3K units)
- Italy (9.6K units)
- France (6.5K units)
- Taiwan (Chinese) (5.4K units)
- India (5.2K units)
- Japan (4.9K units)
- Turkey (4.7K units)
- Poland (4.2K units)
- Austria (2.0K units)
- United States (1.9K units)
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