Agricultural Forestry Machinery Market

Agricultural forestry machinery market: get access to recently published data provided by an Ai-driven BI tool. Statistics cover companies, production, imports, trade, market size, market prices, exports, and consumption. Here is a breakdown by region, including Latin America, EU, the U.K., Africa, China, the U.S., Russia, and the Middle East. Market insights and outlook to 2030 are also featured in the reports.

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Agricultural Forestry Machinery - World's Largest Markets

In value terms, the largest agricultural forestry machinery markets worldwide were China, India and the United States, with a combined 41% share of the global market. Pakistan, Japan, Mexico, Brazil, Italy, France, Austria, Spain, the UK and Turkey lagged somewhat behind, together accounting for a further 25%.

Spain recorded the highest growth rate of market size, in terms of the main consuming countries over the period under review, while agricultural forestry machinery market for the other global leaders experienced more modest paces of growth.

Agricultural Forestry Machinery Prices

Agricultural Forestry Machinery - Top Importers

In value terms, the United States ($90M), France ($86M) and Germany ($77M) were the countries with the highest levels of imports in 2020, together comprising 22% of global imports. These countries were followed by the Netherlands, Poland, Nigeria, Austria, Canada, the UK, Denmark, Romania, Italy and Russia, which together accounted for a further 35%.

Nigeria (+245.8% per year) saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Agricultural Forestry Machinery - Top Exporters

In value terms, Italy ($226M), Germany ($136M) and the Netherlands ($107M) were the countries with the highest levels of exports in 2020, with a combined 39% share of global exports. These countries were followed by China, the United States, Denmark, Canada, India, Spain, France, the UK, Poland and Japan, which together accounted for a further 38%.

In terms of the main exporting countries, Canada recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Agricultural Forestry Machinery - Market Forecast

Driven by rising demand for agricultural forestry machinery worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, 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 Forestry Machinery - Product Coverage

• HS 843280 - Rollers; for lawns or sports-grounds

Source: IndexBox Market Intelligence Platform