India - Agricultural And Forestry Tractors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Agricultural and Forestry Tractor in India - 2023
Contents:
- Price for Agricultural and Forestry Tractor in India (FOB) - 2023
- Price for Agricultural and Forestry Tractor in India (CIF) - 2022
- Exports of Agricultural and Forestry Tractor in India
- Imports of Agricultural and Forestry Tractor in India
Price for Agricultural and Forestry Tractor in India (FOB) - 2023
In October 2023, the average agricultural and forestry tractor export price amounted to $11,670 per unit, picking up by 7% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The export price peaked at $12,480 per unit in December 2022; afterwards, it flattened through to October 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($18,501 per unit), while the average price for exports to France ($6,774 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Agricultural and Forestry Tractor in India (CIF) - 2022
The average agricultural and forestry tractor import price stood at $3,212 per unit in 2022, which is down by -33.3% against the previous year. Over the period under review, the import price showed a abrupt setback. The growth pace was the most rapid in 2019 an increase of 6.6%. Over the period under review, average import prices hit record highs at $6,027 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($5,382 per unit), while the price for Thailand totaled $3,033 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-0.1%).
Exports of Agricultural and Forestry Tractor in India
In 2022, approx. 126K units of agricultural and forestry tractors were exported from India; which is down by -33.2% against 2021 figures. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 173% against the previous year. As a result, the exports attained the peak of 188K units, and then contracted markedly in the following year.
In value terms, agricultural and forestry tractor exports soared to $1.4B in 2022. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 79% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Agricultural and Forestry Tractor in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 167 | 166 | 323 | 511 | 45.2% |
| Netherlands | 18.5 | 16.5 | 58.9 | 106 | 78.9% |
| Brazil | 15.4 | 28.0 | 54.3 | 80.7 | 73.7% |
| Bangladesh | 71.1 | 50.5 | 83.5 | 71.9 | 0.4% |
| Mexico | 38.1 | 23.2 | 40.1 | 62.6 | 18.0% |
| Thailand | 45.2 | 31.5 | 59.2 | 57.7 | 8.5% |
| South Africa | 26.9 | 24.2 | 40.7 | 55.0 | 26.9% |
| Australia | 10.3 | 16.5 | 24.9 | 33.5 | 48.2% |
| Turkey | 2.7 | 11.9 | 12.1 | 27.6 | 117.0% |
| Tanzania | 7.7 | 9.5 | 13.9 | 24.4 | 46.9% |
| Germany | 6.9 | 14.5 | 26.0 | 24.4 | 52.4% |
| Nepal | 62.4 | 49.6 | 80.6 | 22.0 | -29.4% |
| France | 7.5 | 11.8 | 25.4 | 20.9 | 40.7% |
| Others | 232 | 219 | 360 | 352 | 14.9% |
| Total | 712 | 673 | 1,203 | 1,449 | 26.7% |
Top Export Markets for Agricultural and Forestry Tractor from India in 2022:
- United States (35.2K units)
- Bangladesh (8.3K units)
- Brazil (7.5K units)
- Thailand (6.5K units)
- Mexico (5.2K units)
- Netherlands (5.1K units)
- South Africa (4.8K units)
- Germany (3.6K units)
- France (3.4K units)
- Nepal (3.2K units)
- Turkey (2.4K units)
- Tanzania (2.3K units)
- Australia (2.3K units)
Imports of Agricultural and Forestry Tractor in India
In 2022, approx. 13K units of agricultural and forestry tractors were imported into India; increasing by 5.7% compared with the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at 13K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, agricultural and forestry tractor imports declined dramatically to $42M in 2022. Over the period under review, imports, however, faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 5.1% against the previous year. Imports peaked at $67M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Agricultural and Forestry Tractor in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 62.8 | 52.9 | 55.9 | 38.4 | -15.1% |
| Japan | 1.5 | 2.1 | 3.1 | 1.7 | 4.3% |
| Others | 3.1 | 1.5 | 0.3 | 1.8 | -16.6% |
| Total | 67.4 | 56.5 | 59.4 | 41.9 | -14.7% |
Top Suppliers of Agricultural and Forestry Tractor to India in 2022:
- Thailand (12.7K units)
- Japan (0.3K units)
This report provides an in-depth analysis of the market for agricultural and forestry tractor in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
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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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