Italy - Forage Harvesters and Other Harvesting Machines - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 8, 2024

Italy - Forage Harvesters and Other Harvesting Machines - Market Analysis, Forecast, Size, Trends and Insights

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Price for Forage Harvesters and Other Harvesting Machines in Italy - 2023

Contents:

  1. Price for Forage Harvesters and Other Harvesting Machines in Italy (FOB) - 2022
  2. Price for Forage Harvesters and Other Harvesting Machines in Italy (CIF) - 2023
  3. Exports of Forage Harvesters and Other Harvesting Machines in Italy
  4. Imports of Forage Harvesters and Other Harvesting Machines in Italy

Price for Forage Harvesters and Other Harvesting Machines in Italy (FOB) - 2022

The average export price for forage harvesters and other harvesting machines stood at $29,058 per unit in 2022, with a decrease of -14.5% against the previous year. In general, the export price saw a noticeable decline. The pace of growth was the most pronounced in 2015 an increase of 25% against the previous year. The export price peaked at $40,044 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($41,836 per unit), while the average price for exports to Bosnia and Herzegovina ($2,000 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 Greece (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Forage Harvesters and Other Harvesting Machines in Italy (CIF) - 2023

In September 2023, the average import price for forage harvesters and other harvesting machines amounted to $68,314 per unit, with a decrease of -46.4% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 51% against the previous month. As a result, import price attained the peak level of $127K per unit, and then declined notably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($224K per unit), while the price for Poland ($12,242 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 Germany (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Forage Harvesters and Other Harvesting Machines in Italy

For the fourth consecutive year, Italy recorded growth in overseas shipments of forage harvesters and other harvesting machines, which increased by 26% to 3.8K units in 2022. Overall, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of forage harvesters and other harvesting machines rose sharply to $110M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Export of Forage Harvesters and Other Harvesting Machines in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States17.922.633.641.932.8%
France8.48.58.910.47.4%
China0.31.811.85.1157.1%
Argentina0.41.22.74.4122.4%
Turkey0.92.50.93.963.0%
Germany3.53.32.83.3-1.9%
Greece1.01.61.73.145.8%
Australia2.33.44.82.52.8%
Portugal2.31.62.22.30.0%
Spain5.85.52.72.2-27.6%
Romania0.50.70.51.026.0%
Albania0.10.20.30.226.0%
Bosnia and HerzegovinaN/AN/AN/A0.20%
Others25.826.629.029.64.7%
Total69.379.410211016.7%

Top Export Markets for Forage Harvesters and Other Harvesting Machines from Italy in 2022:

  1. United States (1065.0 units)
  2. France (537.0 units)
  3. Spain (195.0 units)
  4. China (153.0 units)
  5. Germany (146.0 units)
  6. Argentina (125.0 units)
  7. Portugal (116.0 units)
  8. Turkey (114.0 units)
  9. Albania (96.0 units)
  10. Bosnia and Herzegovina (83.0 units)
  11. Greece (74.0 units)
  12. Romania (69.0 units)
  13. Australia (61.0 units)

Imports of Forage Harvesters and Other Harvesting Machines in Italy

In 2022, approx. 906 units of forage harvesters and other harvesting machines were imported into Italy; falling by -5.7% compared with 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, imports reached the peak of 961 units, and then contracted in the following year.

In value terms, imports of forage harvesters and other harvesting machines amounted to $56M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Forage Harvesters and Other Harvesting Machines in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany24.017.322.020.3-5.4%
France10.512.614.615.213.1%
Netherlands2.22.62.67.651.2%
Belgium2.72.34.44.215.9%
United Kingdom0.51.52.93.285.7%
China0.51.02.61.750.4%
Spain4.34.01.71.4-31.2%
Poland1.30.71.20.9-11.5%
Others1.01.11.51.411.9%
Total47.043.053.555.96.0%

Top Suppliers of Forage Harvesters and Other Harvesting Machines to Italy in 2022:

  1. Germany (334.0 units)
  2. France (233.0 units)
  3. Belgium (82.0 units)
  4. China (74.0 units)
  5. Poland (45.0 units)
  6. Netherlands (40.0 units)
  7. United Kingdom (35.0 units)
  8. Spain (21.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for forage harvesters and other harvesting machines in Italy. 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:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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