Agricultural and forestry tractor market

Report Update: Dec 1, 2023

World - Agricultural And Forestry Tractors - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$499 Basic Edition $1995 Professional Edition

What's the difference?

Agricultural and Forestry Tractor Market

Name: Agricultural and Forestry Tractor Market
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Agricultural and forestry tractor market, IndexBox, market research, global market, publisher

Agricultural and forestry tractor market: enjoy new datasets powered by an Ai-driven market research platform. Facts and figures provide market prices, consumption, production, imports, trade, companies, exports, and market size. There is a split by country, including Latin America, Russia, EU, the Middle East, the U.K., China, Africa, and the U.S. Market insights and outlook to 2030 are also featured in the snapshots.

Get FREE access to the latest data and statistics on the Agricultural and Forestry Tractor Market.

Agricultural and Forestry Tractor - World's Largest Markets

Rating	Country
1	China
2	United States
3	India
4	Japan
5	France

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.

In China, the agricultural and forestry tractor market expanded at an average annual rate of +8.0% over the period from 2018-2020. In the other countries, the average annual rates were as follows: the United States (-1.7% per year) and India (+8.5% per year).

Agricultural And Forestry Tractor Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
China	8123	3666	4118	-28.8%
Netherlands	18968	12856	6742	-40.4%
Thailand	14630	14567	6794	-31.9%
Japan	8830	9485	8002	-4.8%
India	9827	10108	9817	-0.1%
South Korea	10582	11482	10316	-1.3%
Belarus	15649	16235	15752	0.3%
Italy	21080	29689	34414	27.8%
United States	21062	45934	43548	43.8%
Germany	28759	33804	45125	25.3%
United Kingdom	16708	15656	46416	66.7%
France	30917	32782	49197	26.1%
Average	18239	19236	19896	4.4%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was France ($49,197 per unit), while China ($4,118 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the UK (+66.7% per year), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
Italy	32999	32290	35184	3.3%
France	36669	35137	34979	-2.3%
United Kingdom	21180	32970	29400	17.8%
Germany	32104	32235	28612	-5.6%
Poland	26704	18523	24602	-4.0%
Canada	32951	29465	24507	-13.8%
Turkey	18002	16675	20052	5.5%
United States	22189	19779	19715	-5.7%
Netherlands	16943	19918	18266	3.8%
Russia	20303	17781	16575	-9.6%
Spain	37500	18884	14512	-37.8%
Belgium	28326	24295	13783	-30.2%
Ukraine	12890	15152	13721	3.2%
Average	23062	23048	21454	-3.5%

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($35,184 per unit), while Ukraine ($13,721 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the other global leaders experienced more modest paces of growth.

Agricultural and Forestry Tractor - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	3.3	3.6	3.3	-0.7%
France	1.7	2.3	1.5	-5.8%
Germany	1.3	1.3	1.3	-1.3%
United Kingdom	1.1	1.2	1.1	1.9%
Canada	1.2	1	0.8	-16.0%

In value terms, the United States ($3.3B) constitutes the largest market for imported agricultural and forestry tractors worldwide, comprising 17% of global imports. The second position in the ranking was occupied by France ($1.5B), with a 7.6% share of global imports. It was followed by Germany, with a 6.5% share.

From 2018 to 2020, the average annual growth rate of value in the United States was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: France (-5.8% per year) and Germany (-1.3% per year).

Agricultural and Forestry Tractor - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Germany	4.2	4.3	4.7	5.7%
United States	2.4	2.4	1.9	-12.0%
Japan	1.6	1.7	1.5	-3.6%
Italy	1.5	1.4	1.5	1.4%
France	1.6	1.7	1.4	-5.1%

In value terms, Germany ($4.7B) remains the largest agricultural and forestry tractor supplier worldwide, comprising 25% of global exports. The second position in the ranking was occupied by the United States ($1.9B), with a 9.9% share of global exports. It was followed by Japan, with a 8% share.

In Germany, agricultural and forestry tractor exports increased at an average annual rate of +5.7% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (-12.0% per year) and Japan (-3.6% per year).

Agricultural and Forestry Tractor - Market Forecast

Driven by increasing demand for agricultural and forestry tractor worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Agricultural and Forestry Tractor - Top Companies

Hunan Xiangtian Farming Machinery Co., Ltd., Liaoning Ruicheng Liugong Machinery Equipment Co.,Ltd., Caterpillar Inc., Deere & Company, KOMATSU LTD., KUBOTA CORPORATION, Dingsheng Tiangong Engineering Machinery Sales Co., Ltd., Liebherr-Intertrading SA, HITACHI CONSTRUCTION MACHINERY CO., LTD., AGCO Corporation, SUMITOMO HEAVY INDUSTRIES, LTD., Hans Kunz, Landtechnik AG, Sany Heavy Industry Co., Ltd., XCMG Construction Machinery Co., Ltd., Claas KG auf Aktien mbH, Terex Corporation, Case New Holland Industrial Inc., John Deere GmbH & Co. KG, Shanghai Zhenhua Heavy Industries Co., Ltd., J.C.B. SERVICE

Agricultural and Forestry Tractor - Product Coverage

HS 870190 - Tractors; nes in heading no 8701 (other than tractors of heading no 8709)
HS 870191 - Tractors; n.e.c. in heading no 8701 (other than tractors of heading no 8709); of an engine power not exceeding 18kW
HS 870192 - Tractors; n.e.c. in heading no 8701 (other than tractors of heading no 8709); of an engine power exceeding 18kW but not exceeding 37kW
HS 870193 - Tractors; n.e.c. in heading no 8701 (other than tractors of heading no 8709); of an engine power exceeding 37kW but not exceeding 75kW
HS 870194 - Tractors; n.e.c. in heading no 8701 (other than tractors of heading no 8709); of an engine power exceeding 75kW but not exceeding 130kW
HS 870195 - Tractors; n.e.c. in heading no 8701 (other than tractors of heading no 8709); of an engine power exceeding 130kW

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for agricultural and forestry tractor. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

• Prodcom 28302100 - New agricultural and forestry tractors, wheeled, of an engine power . .37 kW

• Prodcom 28302200 - New agricultural and forestry tractors, wheeled, of an engine power > .37 kW but . .59 kW (excluding pedestrian-controlled tractors)

• Prodcom 28302330 - New agricultural and forestry tractors, wheeled, of an engine power > .59 kW but . .75 kW (excluding pedestrian-controlled tractors)

• Prodcom 28302350 - New agricultural and forestry tractors, wheeled, of an engine power > .75 kW but . .90 kW (excluding pedestrian-controlled tractors)

• Prodcom 28302370 - New agricultural and forestry tractors, wheeled, of an engine power > .90 kW (excluding pedestrian-controlled tractors)

• Prodcom 28302390 - New tractors excluding agricultural/forestry tractors, wheeled, p edestrian-controlled tractors - road tractors for semi-trailers, t rack-laying tractors -tractors used on railway platforms

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

• Global market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Global production, split by region and country

• Global trade (exports and imports)

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles

This Chapter is Available Only for the Professional Edition PRO
1. United States
2. China
3. Japan
4. Germany
5. United Kingdom
6. France
7. Brazil
8. Italy
9. Russian Federation
10. India
11. Canada
12. Australia
13. Republic of Korea
14. Spain
15. Mexico
16. Indonesia
17. Netherlands
18. Turkey
19. Saudi Arabia
20. Switzerland
21. Sweden
22. Nigeria
23. Poland
24. Belgium
25. Argentina
26. Norway
27. Austria
28. Thailand
29. United Arab Emirates
30. Colombia
31. Denmark
32. South Africa
33. Malaysia
34. Israel
35. Singapore
36. Egypt
37. Philippines
38. Finland
39. Chile
40. Ireland
41. Pakistan
42. Greece
43. Portugal
44. Kazakhstan
45. Algeria
46. Czech Republic
47. Qatar
48. Peru
49. Romania
50. Vietnam
LIST OF TABLES
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption, By Country, 2018–2022
5. Production, In Physical Terms, By Country, 2012–2022
6. Imports, In Physical Terms, By Country, 2012–2022
7. Imports, In Value Terms, By Country, 2012–2022
8. Import Prices, By Country Of Destination, 2012–2022
9. Exports, In Physical Terms, By Country, 2012–2022
10. Exports, In Value Terms, By Country, 2012–2022
11. Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Consumption, By Country, 2022
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2022
18. Production, In Value Terms, 2012–2022
19. Production, By Country, 2022
20. Production, In Physical Terms, By Country, 2012–2022
21. Imports, In Physical Terms, 2012–2022
22. Imports, In Value Terms, 2012–2022
23. Imports, In Physical Terms, By Country, 2022
24. Imports, In Physical Terms, By Country, 2012–2022
25. Imports, In Value Terms, By Country, 2012–2022
26. Import Prices, By Country, 2012–2022
27. Exports, In Physical Terms, 2012–2022
28. Exports, In Value Terms, 2012–2022
29. Exports, In Physical Terms, By Country, 2022
30. Exports, In Physical Terms, By Country, 2012–2022
31. Exports, In Value Terms, By Country, 2012–2022
32. Export Prices, 2012–2022