Potato Harvester Market

The global potato harvester market is projected to experience growth in both consumption and value terms from 2022 to 2030. Consumption of potato-diggers and harvesters saw an increase in 2022, ending a five-year declining trend. The largest consuming countries in 2022 were Germany, the Netherlands, and the UK. Production of potato harvesters also increased in 2022, with the Netherlands leading in volume. Import and export trends showed fluctuations over the years, with the Netherlands being the main exporter of potato harvesters.

Market Forecast

Driven by rising demand for potato harvester worldwide, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +3.1% for the period from 2022 to 2030, which is projected to bring the market volume to 16K tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +5.1% for the period from 2022 to 2030, which is projected to bring the market value to $185M (in nominal prices) by the end of 2030.

Consumption

World Consumption of Potato-Diggers And Potato Harvesters

In 2022, consumption of potato-diggers and potato harvesters increased by 15% to 12K tons for the first time since 2016, thus ending a five-year declining trend. In general, consumption, however, saw a deep slump. As a result, consumption reached the peak volume of 39K tons. From 2014 to 2022, the growth of the global consumption remained at a lower figure.

The global potato harvester market revenue fell slightly to $124M in 2022, dropping by -4.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a abrupt shrinkage. As a result, consumption reached the peak level of $298M. From 2014 to 2022, the growth of the global market remained at a somewhat lower figure.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were Germany (2.9K tons), the Netherlands (2.7K tons) and the UK (2.2K tons), together accounting for 63% of global consumption. France, Italy, Denmark and the Czech Republic lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +15.7%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($46M), France ($27M) and the UK ($11M) appeared to be the countries with the highest levels of market value in 2022, with a combined 68% share of the global market. The Netherlands, Denmark, Italy and the Czech Republic lagged somewhat behind, together comprising a further 19%.

In terms of the main consuming countries, Italy, with a CAGR of +17.1%, recorded the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of potato harvester per capita consumption was registered in the Netherlands (154 kg per 1000 persons), followed by Denmark (71 kg per 1000 persons), Germany (35 kg per 1000 persons) and the UK (32 kg per 1000 persons), while the world average per capita consumption of potato harvester was estimated at 1.6 kg per 1000 persons.

In the Netherlands, potato harvester per capita consumption declined by an average annual rate of -18.3% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Denmark (+9.4% per year) and Germany (-0.3% per year).

Production

World Production of Potato-Diggers And Potato Harvesters

For the fourth year in a row, the global market recorded growth in production of potato-diggers and potato harvesters, which increased by 2% to 41K tons in 2022. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 4.8% against the previous year. Global production peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, potato harvester production contracted slightly to $462M in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 11%. As a result, production reached the peak level of $492M. From 2014 to 2022, global production growth failed to regain momentum.

Production By Country

The country with the largest volume of potato harvester production was the Netherlands (22K tons), accounting for 53% of total volume. Moreover, potato harvester production in the Netherlands exceeded the figures recorded by the second-largest producer, Germany (10K tons), twofold. Belgium (3.8K tons) ranked third in terms of total production with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in the Netherlands was relatively modest. In the other countries, the average annual rates were as follows: Germany (+0.3% per year) and Belgium (+0.4% per year).

Imports

World Imports of Potato-Diggers And Potato Harvesters

Global potato harvester imports declined to 8K tons in 2022, dropping by -7% compared with the previous year. Over the period under review, total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.3% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 88% against the previous year. As a result, imports attained the peak of 11K tons. From 2014 to 2022, the growth of global imports failed to regain momentum.

In value terms, potato harvester imports fell sharply to $110M in 2022. In general, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 44%. Over the period under review, global imports attained the peak figure at $135M in 2021, and then contracted remarkably in the following year.

Imports By Country

France represented the largest importer of potato-diggers and potato harvesters in the world, with the volume of imports amounting to 2.4K tons, which was approx. 30% of total imports in 2022. The Netherlands (906 tons) took the second position in the ranking, followed by Belgium (901 tons), Denmark (801 tons), Poland (665 tons) and Germany (374 tons). All these countries together held approx. 46% share of total imports. The following importers - Sweden (278 tons), the Czech Republic (249 tons), Ireland (225 tons), Italy (213 tons), Hungary (171 tons), Romania (135 tons) and Latvia (124 tons) - together made up 17% of total imports.

From 2012 to 2022, average annual rates of growth with regard to potato harvester imports into France stood at +8.3%. At the same time, Italy (+28.5%), Latvia (+18.3%), Hungary (+17.1%), Sweden (+13.2%), Belgium (+10.1%), Denmark (+7.8%), Ireland (+7.6%), Germany (+6.4%), the Czech Republic (+6.1%) and Romania (+6.0%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing importer imported in the world, with a CAGR of +28.5% from 2012-2022. Poland experienced a relatively flat trend pattern. By contrast, the Netherlands (-4.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of France, Belgium, Denmark, Italy, Sweden and Hungary increased by +12, +5.5, +3.7, +2.4, +2.1 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($32M), the Netherlands ($18M) and Belgium ($14M) were the countries with the highest levels of imports in 2022, with a combined 59% share of global imports. Denmark, Poland, Sweden, Germany, Ireland, the Czech Republic, Hungary, Italy, Latvia and Romania lagged somewhat behind, together comprising a further 35%.

Among the main importing countries, Latvia, with a CAGR of +20.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

In 2022, the average potato harvester import price amounted to $13,672 per ton, with a decrease of -12.5% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 31% against the previous year. Global import price peaked at $15,619 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($19,634 per ton), while Romania ($6,563 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.0%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Potato-Diggers And Potato Harvesters

In 2022, after three years of growth, there was decline in overseas shipments of potato-diggers and potato harvesters, when their volume decreased by -3.6% to 37K tons. In general, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by 125% against the previous year. As a result, the exports reached the peak of 38K tons, and then reduced slightly in the following year.

In value terms, potato harvester exports shrank to $231M in 2022. Overall, total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.9% against 2015 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 19%. The global exports peaked at $257M in 2021, and then fell in the following year.

Exports By Country

The Netherlands represented the main exporter of potato-diggers and potato harvesters in the world, with the volume of exports finishing at 20K tons, which was near 55% of total exports in 2022. Germany (7.9K tons) held the second position in the ranking, distantly followed by Belgium (4.5K tons) and Poland (2.7K tons). All these countries together held near 41% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to potato harvester exports from the Netherlands stood at +20.4%. At the same time, Belgium (+25.1%) and Poland (+10.1%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the world, with a CAGR of +25.1% from 2012-2022. Germany experienced a relatively flat trend pattern. While the share of the Netherlands (+32 p.p.) and Belgium (+8.7 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Germany (-33.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($121M), Belgium ($69M) and the Netherlands ($15M) constituted the countries with the highest levels of exports in 2022, with a combined 89% share of global exports. Poland lagged somewhat behind, comprising a further 4.7%.

Among the main exporting countries, Poland, with a CAGR of +13.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

The average potato harvester export price stood at $6,244 per ton in 2022, falling by -6.9% against the previous year. In general, the export price showed a abrupt contraction. The pace of growth was the most pronounced in 2016 an increase of 22%. Over the period under review, the average export prices reached the peak figure at $14,717 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($15,292 per ton), while the Netherlands ($754 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.3%), while the other global leaders experienced mixed trends in the export price figures.

Source: IndexBox Market Intelligence Platform