Italy - Ploughs For Agricultural Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlough Price in Italy - 2023
Contents:
- Plough Price in Italy (FOB) - 2022
- Plough Price in Italy (CIF) - 2023
- Plough Exports in Italy
- Plough Imports in Italy
Plough Price in Italy (FOB) - 2022
The average plough export price stood at $1,227 per unit in 2022, shrinking by -6.3% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 29%. The export price peaked at $1,309 per unit in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,924 per unit), while the average price for exports to Austria ($689 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
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Plough Price in Italy (CIF) - 2023
In June 2023, the average plough import price amounted to $74.4 per unit, reducing by -97.2% against the previous month. Overall, the import price showed a sharp downturn. The growth pace was the most rapid in January 2023 an increase of 30% against the previous month. The import price peaked at $2,655 per unit in May 2023, and then dropped significantly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,095 per unit), while the price for Denmark ($4.5 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Plough Exports in Italy
In 2022, overseas shipments of ploughs for agricultural purposes were finally on the rise to reach 12K units after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports hit record highs at 20K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, plough exports amounted to $15M in 2022. Overall, exports, however, showed a drastic downturn. The exports peaked at $22M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Plough in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | 675 | 1,939 | 1,065 | 2,376 | 52.1% |
| Austria | 576 | 949 | 1,561 | 1,761 | 45.1% |
| France | 1,371 | 1,409 | 1,075 | 1,553 | 4.2% |
| United States | 992 | 990 | 1,323 | 1,282 | 8.9% |
| Romania | 2,187 | 1,184 | 625 | 662 | -32.9% |
| Russia | 500 | 783 | 445 | 586 | 5.4% |
| Australia | 1.7 | 35.5 | 112 | 450 | 542.1% |
| Germany | 2,223 | 1,224 | 232 | 420 | -42.6% |
| Ukraine | 875 | 769 | 698 | 378 | -24.4% |
| Japan | 542 | 498 | 205 | 370 | -11.9% |
| Spain | 496 | 404 | 152 | 369 | -9.4% |
| Somalia | 196 | 303 | 107 | 276 | 12.1% |
| Egypt | 58.5 | 16.6 | 473 | 141 | 34.1% |
| Others | 10,875 | 6,806 | 5,571 | 4,389 | -26.1% |
| Total | 21,568 | 17,309 | 13,644 | 15,014 | -11.4% |
Top Export Markets for Plough from Italy in 2022:
- Austria (2557.0 units)
- Ethiopia (1774.0 units)
- France (1736.0 units)
- United States (438.0 units)
- Germany (419.0 units)
- Romania (415.0 units)
- Russia (360.0 units)
- Australia (310.0 units)
- Somalia (304.0 units)
- Ukraine (260.0 units)
- Spain (249.0 units)
- Japan (218.0 units)
- Egypt (199.0 units)
Plough Imports in Italy
In 2022, the amount of ploughs for agricultural purposes imported into Italy fell notably to 3.6K units, dropping by -29.1% on the previous year. Overall, imports, however, showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 210% against the previous year. As a result, imports attained the peak of 5.1K units, and then contracted markedly in the following year.
In value terms, plough imports shrank dramatically to $4.8M in 2022. In general, imports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 157% against the previous year. As a result, imports reached the peak of $6.8M, and then contracted sharply in the following year.
| Import of Plough in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,168 | 879 | 1,667 | 1,681 | 12.9% |
| Romania | 57.7 | 211 | 2,463 | 1,199 | 174.9% |
| Austria | 431 | 512 | 477 | 450 | 1.4% |
| France | 418 | 307 | 491 | 437 | 1.5% |
| Czech Republic | N/A | 70.3 | 42.2 | 286 | 101.7% |
| Denmark | 78.8 | 119 | 164 | 192 | 34.6% |
| China | 104 | 142 | 64.0 | 84.1 | -6.8% |
| Sweden | 328 | 153 | 542 | 31.5 | -54.2% |
| Spain | N/A | N/A | 553 | N/A | 0% |
| Others | 293 | 269 | 386 | 420 | 12.8% |
| Total | 2,878 | 2,661 | 6,850 | 4,780 | 18.4% |
Top Suppliers of Plough to Italy in 2022:
- Germany (1463.0 units)
- Romania (912.0 units)
- France (280.0 units)
- Austria (245.0 units)
- Czech Republic (166.0 units)
- China (137.0 units)
- Denmark (111.0 units)
- Sweden (16.0 units)
This report provides an in-depth analysis of the plough market in Italy. 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 28303130 -
- Prodcom 28303150 -
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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