Denmark Exported 76% of Its Total Output of Root or Tuber Harvesting Machines in 2014

Agricultural And Forestry Machinery January 21, 2016
Author: Alla Yakimova
Market Analyst

From 2007 to 2014, EU production of root or tuber harvesting machines showed mixed dynamics, finally falling from 9,235 units in 2007 to 7,874 units in 2014. It dropped with a CAGR of -2.3% over the period under review. In value terms, EU harvesting machine production decreased to 361 million EUR in 2014, falling by -1.0% annually.

The countries with the largest production of root or tuber harvesting machines in absolute volumes were Portugal (264 units) and Denmark (206 units).

Positive dynamics in harvesting machine production among the main producing countries from 2007 to 2014 were recorded in Portugal (+3.8% per year), while for Denmark (-3.1% per year) the pace of growth was negative.

Denmark was one of the leaders in EU production of root or tuber harvesting machines and ranked ninth in trade. In 2014, it exported 76% of its total harvesting machine output. Of this amount, 15% was supplied to Germany, where Denmark's root or tuber harvesting machines held a 8% share of total Germany's imports.

Source: EU: Root Or Tuber Harvesting Machines - Market Report. Analysis And Forecast To 2020