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

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