Price for Tractors; (Other than Tractors of Heading No 8709) in France - 2023

Contents:

  1. Price for Tractors; (Other than Tractors of Heading No 8709) in France (FOB) - 2022
  2. Price for Tractors; (Other than Tractors of Heading No 8709) in France (CIF) - 2022
  3. Exports of Tractors; (Other than Tractors of Heading No 8709) in France
  4. Imports of Tractors; (Other than Tractors of Heading No 8709) in France

Price for Tractors; (Other than Tractors of Heading No 8709) in France (FOB) - 2022

In 2022, the average export price for tractors; (other than tractors of heading no 8709)s amounted to $23,025 per unit, falling by -37.2% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when the average export price increased by 11%. As a result, the export price reached the peak level of $55,337 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($37,301 per unit), while the average price for exports to Poland ($11,071 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 the Netherlands (-2.1%), while the prices for the other major destinations experienced a decline.

Price for Tractors; (Other than Tractors of Heading No 8709) in France (CIF) - 2022

The average import price for tractors; (other than tractors of heading no 8709)s stood at $37,971 per unit in 2022, shrinking by -7.7% against the previous year. In general, the import price recorded a mild reduction. The pace of growth was the most pronounced in 2017 an increase of 39% against the previous year. Over the period under review, average import prices reached the peak figure at $91,841 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Germany ($102,086 per unit), while the price for India ($5,512 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tractors; (Other than Tractors of Heading No 8709) in France

Exports of tractors; (other than tractors of heading no 8709)s from France skyrocketed to 211K units in 2022, jumping by 74% against 2021. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 98%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of tractors; (other than tractors of heading no 8709)s expanded notably to $4.9B in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.5% 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 +57.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

Export of Tractors; (Other than Tractors of Heading No 8709) in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4824525675957.3%
Turkey56.214433541795.0%
Spain474372408401-5.4%
United Kingdom431321386392-3.1%
Italy3243164283835.7%
Poland20219332437222.6%
Netherlands79.788.211916828.2%
Belgium10780.614216415.3%
United States74.669.710614524.8%
Bulgaria45.539.564.312439.7%
Austria69.960.212812220.4%
Australia61.968.111610619.6%
Portugal12872.289.389.0-11.4%
Others1,0718241,2491,3909.1%
Total3,6063,1004,4604,86810.5%

Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from France in 2022:

  1. Poland (33.6K units)
  2. Germany (25.6K units)
  3. Spain (16.0K units)
  4. Turkey (14.1K units)
  5. United Kingdom (12.2K units)
  6. Italy (10.3K units)
  7. Netherlands (9.7K units)
  8. Belgium (9.5K units)
  9. Austria (5.6K units)
  10. United States (4.8K units)
  11. Bulgaria (3.7K units)
  12. Portugal (3.5K units)
  13. Australia (3.1K units)

Imports of Tractors; (Other than Tractors of Heading No 8709) in France

In 2022, imports of tractors; (other than tractors of heading no 8709)s into France soared to 118K units, jumping by 17% against the year before. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.0% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of tractors; (other than tractors of heading no 8709)s expanded markedly to $4.5B in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 43%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Tractors; (Other than Tractors of Heading No 8709) in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,2887521,3111,3682.0%
Netherlands5614396076374.3%
Italy4544185165285.2%
Belgium588399400526-3.6%
United Kingdom16616931032324.8%
Austria13613314319813.3%
Turkey1621081111824.0%
Poland52.031.396.314440.4%
United States79.763.885.897.57.0%
Japan73.955.114878.52.0%
China56.144.580.361.83.3%
Spain3.255.257.251.7152.8%
India10.410.623.128.539.9%
Others2291992402492.8%
Total3,8592,8794,1294,4725.0%

Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to France in 2022:

  1. Belgium (21.5K units)
  2. Italy (15.7K units)
  3. Netherlands (14.6K units)
  4. Germany (13.4K units)
  5. China (8.5K units)
  6. Japan (7.2K units)
  7. United States (5.6K units)
  8. Poland (5.6K units)
  9. India (5.2K units)
  10. United Kingdom (4.1K units)
  11. Spain (2.9K units)
  12. Turkey (2.6K units)
  13. Austria (2.3K units)

Source: IndexBox Market Intelligence Platform

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