India - Forage Harvesters and Other Harvesting Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Forage Harvesters and Other Harvesting Machines in India - 2023
Contents:
- Price for Forage Harvesters and Other Harvesting Machines in India (CIF) - 2023
- Price for Forage Harvesters and Other Harvesting Machines in India (FOB) - 2022
- Imports of Forage Harvesters and Other Harvesting Machines in India
- Exports of Forage Harvesters and Other Harvesting Machines in India
Price for Forage Harvesters and Other Harvesting Machines in India (CIF) - 2023
In October 2023, the average import price for forage harvesters and other harvesting machines amounted to $29.1 per unit, rising by 7.3% against the previous month. In general, the import price, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in May 2023 an increase of 767% m-o-m. The import price peaked at $94.9 per unit in August 2023; however, from September 2023 to October 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From October 2022 to October 2023, the rate of growth in terms of prices for New Zealand amounted to +108.8% per month.
Price for Forage Harvesters and Other Harvesting Machines in India (FOB) - 2022
The average export price for forage harvesters and other harvesting machines stood at $35,840 per unit in 2022, with a decrease of -16% against the previous year. Over the period under review, the export price, however, continues to indicate a slight expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices attained the peak figure at $42,642 per unit in 2021, and then shrank significantly in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($46,874 per unit) and Nepal ($46,816 per unit), while the average price for exports to Italy ($44,052 per unit) and Nigeria ($44,125 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+144.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Forage Harvesters and Other Harvesting Machines in India
In 2022, supplies from abroad of forage harvesters and other harvesting machines decreased by -12.4% to 212 units, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 26%. As a result, imports reached the peak of 274 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of forage harvesters and other harvesting machines dropped to $8.9M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Forage Harvesters and Other Harvesting Machines in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.3 | 10.5 | 8.5 | 7.5 | 12.3% |
| Turkey | 0.2 | 0.1 | 0.4 | 0.3 | 14.5% |
| Taiwan (Chinese) | 0.8 | 0.3 | 0.6 | 0.3 | -27.9% |
| Japan | 0.7 | 0.6 | 0.3 | 0.2 | -34.1% |
| Germany | 0.5 | 0.1 | N/A | 0.2 | -26.3% |
| Belgium | 0.5 | N/A | N/A | 0.2 | -26.3% |
| Brazil | 0.5 | 0.2 | 0.2 | 0.1 | -41.5% |
| Others | 0.6 | 0.2 | 0.2 | 0.2 | -30.7% |
| Total | 9.1 | 12.0 | 10.2 | 8.9 | -0.7% |
Top Suppliers of Forage Harvesters and Other Harvesting Machines to India in 2022:
- China (177.0 units)
- Taiwan (Chinese) (8.0 units)
- Turkey (7.0 units)
- Japan (4.0 units)
- Germany (4.0 units)
- Belgium (4.0 units)
- Brazil (2.0 units)
Exports of Forage Harvesters and Other Harvesting Machines in India
For the third consecutive year, India recorded decline in overseas shipments of forage harvesters and other harvesting machines, which decreased by -42.7% to 125 units in 2022. In general, exports continue to indicate a dramatic downturn. The smallest decline of -5.6% was in 2021. The exports peaked at 426 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of forage harvesters and other harvesting machines contracted remarkably to $4.5M in 2022. Overall, exports faced a sharp descent. The growth pace was the most rapid in 2021 when exports increased by 0.9% against the previous year. Over the period under review, the exports of reached the peak figure at $17M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Forage Harvesters and Other Harvesting Machines in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nepal | 1,745 | 1,392 | 1,859 | 702 | -26.2% |
| United States | 28.8 | 81.6 | 162 | 516 | 161.7% |
| Germany | 197 | 276 | 493 | 511 | 37.4% |
| Sri Lanka | 119 | 7.3 | 381 | 311 | 37.7% |
| Italy | 391 | 1,645 | 531 | 308 | -7.6% |
| Mexico | 3.1 | 86.8 | 203 | 272 | 344.4% |
| Nigeria | 133 | 9.2 | 1.2 | 265 | 25.8% |
| Fiji | 2,805 | 1,273 | 540 | 231 | -56.5% |
| Kenya | 288 | 605 | 341 | 229 | -7.4% |
| Thailand | 702 | 406 | 1,222 | 224 | -31.7% |
| Mauritius | 2.0 | 165 | 1.8 | 186 | 353.1% |
| Sudan | 1,534 | 1,925 | 16.3 | 140 | -55.0% |
| Sierra Leone | N/A | N/A | 7.7 | 135 | 1653.2% |
| Others | 8,895 | 1,339 | 3,536 | 451 | -63.0% |
| Total | 16,843 | 9,209 | 9,296 | 4,480 | -35.7% |
Top Export Markets for Forage Harvesters and Other Harvesting Machines from India in 2022:
- Nepal (15.0 units)
- United States (11.0 units)
- Germany (11.0 units)
- Italy (7.0 units)
- Sri Lanka (7.0 units)
- Mexico (6.0 units)
- Nigeria (6.0 units)
- Kenya (5.0 units)
- Fiji (5.0 units)
- Thailand (5.0 units)
- Mauritius (4.0 units)
- Sudan (3.0 units)
- Sierra Leone (3.0 units)
This report provides an in-depth analysis of the market for forage harvesters and other harvesting machines 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 28305945 - Forage harvesters (excluding self-propelled)
- Prodcom 28305960 - Forage harvesters, self-propelled
- Prodcom 28305970 - Harvesting machines (excluding combine harvester threshers, root or tuber harvesting machines, forage harvesters)
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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