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Estonia - Agricultural And Forestry Tractors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Agricultural and Forestry Tractor in Estonia - 2023
Contents:
- Price for Agricultural and Forestry Tractor in Estonia (CIF) - 2022
- Price for Agricultural and Forestry Tractor in Estonia (FOB) - 2023
- Imports of Agricultural and Forestry Tractor in Estonia
- Exports of Agricultural and Forestry Tractor in Estonia
Price for Agricultural and Forestry Tractor in Estonia (CIF) - 2022
The average agricultural and forestry tractor import price stood at $55,986 per unit in 2022, which is down by -3.3% against the previous year. In general, the import price, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2020 when the average import price increased by 46%. The import price peaked at $57,909 per unit in 2021, and then shrank slightly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($330,822 per unit), while the price for Japan ($6,683 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+37.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Agricultural and Forestry Tractor in Estonia (FOB) - 2023
The average agricultural and forestry tractor export price stood at $48,221 per unit in September 2023, which is down by -10.1% against the previous month. Over the period under review, export price indicated a measured increase from September 2022 to September 2023: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, agricultural and forestry tractor export price decreased by -27.3% against July 2023 indices. The pace of growth appeared the most rapid in December 2022 an increase of 58% m-o-m. The export price peaked at $66,328 per unit in July 2023; however, from August 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($74,679 per unit), while the average price for exports to Croatia ($15,845 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Agricultural and Forestry Tractor in Estonia
Agricultural and forestry tractor imports into Estonia skyrocketed to 2K units in 2022, with an increase of 16% against 2021. Over the period under review, imports, however, saw a deep slump. The growth pace was the most rapid in 2021 when imports increased by 42%. Over the period under review, imports attained the maximum at 2.5K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, agricultural and forestry tractor imports expanded remarkably to $109M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 63% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Agricultural and Forestry Tractor in Estonia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 25.8 | 17.6 | 31.0 | 34.6 | 10.3% |
Finland | 17.3 | 12.4 | 17.6 | 21.4 | 7.3% |
China | 3.5 | 3.7 | 7.2 | 10.8 | 45.6% |
United States | 7.0 | 7.7 | 12.1 | 10.2 | 13.4% |
Sweden | 9.0 | 3.5 | 5.8 | 8.3 | -2.7% |
Lithuania | 0.2 | 2.7 | 4.6 | 3.8 | 166.8% |
Belgium | N/A | 1.1 | 1.1 | 2.0 | 34.8% |
Japan | 3.5 | 0.3 | 0.2 | 0.4 | -51.5% |
Mexico | 1.1 | N/A | N/A | N/A | 0% |
Others | 19.5 | 11.0 | 18.2 | 17.8 | -3.0% |
Total | 87.0 | 60.0 | 97.8 | 109 | 7.8% |
Top Suppliers of Agricultural and Forestry Tractor to Estonia in 2022:
- China (1029.0 units)
- United States (201.0 units)
- Germany (193.0 units)
- Finland (140.0 units)
- Belgium (75.0 units)
- Lithuania (61.0 units)
- Japan (57.0 units)
- Sweden (25.0 units)
Exports of Agricultural and Forestry Tractor in Estonia
In 2022, approx. 645 units of agricultural and forestry tractors were exported from Estonia; falling by -15.6% on the year before. In general, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 33% against the previous year. The exports peaked at 870 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, agricultural and forestry tractor exports expanded rapidly to $26M in 2022. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. The exports peaked at $34M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Agricultural and Forestry Tractor in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 2.9 | 2.8 | 3.9 | 4.5 | 15.8% |
Poland | 2.5 | 2.2 | 2.8 | 3.8 | 15.0% |
Finland | 6.7 | 6.8 | 5.4 | 3.8 | -17.2% |
Sweden | 2.0 | 0.9 | 0.2 | 2.5 | 7.7% |
Lithuania | 0.8 | 1.5 | 2.0 | 2.1 | 37.9% |
Denmark | 0.6 | 0.7 | 1.2 | 1.3 | 29.4% |
Norway | N/A | N/A | 2.3 | 1.1 | -52.2% |
Russia | 15.7 | 0.3 | 0.4 | N/A | -84.0% |
Others | 2.9 | 4.5 | 5.7 | 6.9 | 33.5% |
Total | 34.2 | 19.6 | 23.8 | 26.0 | -8.7% |
Top Export Markets for Agricultural and Forestry Tractor from Estonia in 2022:
- Finland (211.0 units)
- Norway (90.0 units)
- Lithuania (77.0 units)
- Latvia (74.0 units)
- Denmark (62.0 units)
- Poland (49.0 units)
- Sweden (45.0 units)
- Russia (1.0 units)
This report provides an in-depth analysis of the market for agricultural and forestry tractor in Estonia. 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:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- 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.
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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
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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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Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
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