New Zealand - Agricultural And Forestry Tractors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Agricultural and Forestry Tractor in New Zealand - 2023
Contents:
- Price for Agricultural and Forestry Tractor in New Zealand (CIF) - 2023
- Price for Agricultural and Forestry Tractor in New Zealand (FOB) - 2022
- Imports of Agricultural and Forestry Tractor in New Zealand
- Exports of Agricultural and Forestry Tractor in New Zealand
Price for Agricultural and Forestry Tractor in New Zealand (CIF) - 2023
In September 2023, the average agricultural and forestry tractor import price amounted to $79,059 per unit, jumping by 16% against the previous month. Over the period under review, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in October 2022 an increase of 137% against the previous month. Over the period under review, average import prices attained the peak figure at $82,055 per unit in July 2023; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($142K per unit), while the price for Japan ($10,095 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Agricultural and Forestry Tractor in New Zealand (FOB) - 2022
In 2022, the average agricultural and forestry tractor export price amounted to $23,319 per unit, dropping by -6.9% against the previous year. Overall, the export price, however, showed a buoyant increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 706%. The export price peaked at $28,982 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($37,599 per unit), while the average price for exports to Norfolk Island ($1,685 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 Thailand (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Agricultural and Forestry Tractor in New Zealand
In 2022, approx. 6.5K units of agricultural and forestry tractors were imported into New Zealand; picking up by 26% against the previous year. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.3% 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 +103.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, agricultural and forestry tractor imports soared to $297M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.9% 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 +107.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 77%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Agricultural and Forestry Tractor in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 65.0 | 48.0 | 87.0 | 89.5 | 11.3% |
| France | 24.5 | 21.7 | 34.3 | 37.7 | 15.4% |
| Italy | 18.7 | 15.2 | 19.1 | 35.9 | 24.3% |
| United States | 29.8 | 14.9 | 27.3 | 33.7 | 4.2% |
| United Kingdom | 16.1 | 13.4 | 28.2 | 24.5 | 15.0% |
| Austria | 23.6 | 11.7 | 14.6 | 16.8 | -10.7% |
| Japan | 16.6 | 4.4 | 11.9 | 12.6 | -8.8% |
| South Korea | 3.8 | 2.9 | 4.5 | 6.9 | 22.0% |
| India | 2.2 | 1.0 | 3.5 | 5.4 | 34.9% |
| China | 2.8 | 3.2 | 4.0 | 4.3 | 15.4% |
| Others | 15.0 | 6.9 | 18.9 | 29.9 | 25.9% |
| Total | 218 | 143 | 253 | 297 | 10.9% |
Top Suppliers of Agricultural and Forestry Tractor to New Zealand in 2022:
- Germany (1038.0 units)
- Japan (956.0 units)
- Italy (939.0 units)
- United States (764.0 units)
- South Korea (591.0 units)
- France (498.0 units)
- United Kingdom (421.0 units)
- India (268.0 units)
- China (232.0 units)
- Austria (214.0 units)
Exports of Agricultural and Forestry Tractor in New Zealand
In 2022, overseas shipments of agricultural and forestry tractors decreased by -6.1% to 108 units, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 188%. As a result, the exports reached the peak of 320 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, agricultural and forestry tractor exports shrank to $2.5M in 2022. In general, exports showed a drastic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 162% against the previous year. As a result, the exports attained the peak of $8.4M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Agricultural and Forestry Tractor in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 2,224 | 7,824 | 1,462 | 827 | -28.1% |
| Fiji | 184 | 87.7 | 186 | 290 | 16.4% |
| Tuvalu | N/A | 18.6 | 219 | 236 | 256.2% |
| Cook Islands | 72.6 | 61.9 | 68.4 | 103 | 12.4% |
| United States | 90.5 | N/A | 67.2 | 101 | 3.7% |
| French Polynesia | N/A | N/A | N/A | 49.4 | 0% |
| Norfolk Island | 14.3 | 18.6 | 24.2 | 8.4 | -16.3% |
| United Kingdom | 80.2 | N/A | 91.5 | N/A | 6.8% |
| Others | 551 | 403 | 762 | 903 | 17.9% |
| Total | 3,217 | 8,414 | 2,881 | 2,518 | -7.8% |
Top Export Markets for Agricultural and Forestry Tractor from New Zealand in 2022:
- United States (42.0 units)
- Australia (22.0 units)
- Fiji (22.0 units)
- Tuvalu (9.0 units)
- Cook Islands (9.0 units)
- Norfolk Island (5.0 units)
- French Polynesia (4.0 units)
This report provides an in-depth analysis of the market for agricultural and forestry tractor in New Zealand. 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:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- 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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