Germany Ranks First Globally in Exports of Root or Tuber Harvesting Machines, with $292M in 2014

Agricultural And Forestry Machinery July 27, 2015
Author: Olga Minchina
Account Manager

Germany continued its dominance in the global root or tuber harvesting machine trade. In 2014, Germany exported root or tuber harvesting machines totaling 292 million USD, 2.5% over the previous year. Its primary trading partner was France, where it supplied 22.5% of its total root or tuber harvesting machine exports, accounting for 79.6% of total French imports.

Overall, the global root or tuber harvesting machine trade reached 476 million USD, with a CAGR of 3.5% from 2007 to 2014. In physical terms, the trade grew sharply from 41 thousand units in 2007 to 278 thousand units in 2014.

In 2014, France (18.1%), Russia (14.5%), the UK (14.0%) and the Netherlands (6.6%) were the leading destinations of root or tuber harvesting machine imports, together making up 53.2% of global imports. The share of France increased significantly (+9 percentage points), while Russia saw its share reduced from 24.9% in 2007 to 14.5% in 2014.

Belgium joined Germany as the main global suppliers of root or tuber harvesting machines in 2014 with a combined share of 71.9% of global exports. However, the fastest growing exporters from 2007 to 2014 were France (+10.4% per year) and the Netherlands (+7.3% per year). The Netherlands strengthened its position in the global export structure, from 6% in 2007 to 8% in 2014.

Source: World: Root Or Tuber Harvesting Machines - Market Report. Analysis and Forecast to 2020