Combine Harvester-Thresher Market - USA Becomes The Top Exporter of Combine Harvester-Threshers

Agricultural And Forestry Machinery December 21, 2016
Author: Maria Fadeeva
Market Analyst

combine harvester-thresher market

Photo: © budabar / Bigstockphoto

The global trade in combine harvester-threshers fluctuated strongly over the period under review. After a 24% drop in 2009, exports continued falling in 2010 and proceeded to recover for the next three years. After a pronounced decline in 2014 and 2015, global exports of combine harvester-threshers amounted to 3,660 million USD in 2015.

According to IndexBox estimates, USA emerged as the top supplier on the combine harvester-thresher market, surpassing Germany. In 2015, USA's exports of combine harvester-threshers totaled 1,137 million USD, which accounted for a 31% share in terms of global exports. Germany, Belgium, Thailand, and China were the other key global suppliers of combine harvester-threshers in 2015, with a 47% combined share of global exports.

Thailand (+113.4% per year) and China (+27.6% per year) were the fastest growing exporters from 2007 to 2015. USA strengthened its position in terms of global combine harvester-thresher exports, growing its share from 25% in 2007 to 31% in 2015.

On the other hand, Canada (15.8%, based on value terms), France (9.6%), Australia (4.0%), Bulgaria (3.7%), and Belgium (3.6%) were the leading destinations of combine harvester-thresher imports in 2015. Imports to Bulgaria grew at a rapid pace of +21% per year from 2007 to 2015. None of the major importers reduced their imports of combine harvester-threshers over the period under review. Canada's share in terms of global imports increased significantly (+7 percentage points), while the balance of key importers increased their shares by smaller amounts.

Global Exports Of Combine Harvester-Threshers

Key Exporting Countries Of Combine Harvester-Threshers

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Source: World: Combine Harvester-Threshers - Market Report. Analysis and Forecast to 2020