Price for Tractors; (Other than Tractors of Heading No 8709) in Russia - 2022
Contents:
- Price for Tractors; (Other than Tractors of Heading No 8709) in Russia (CIF) - 2022
- Price for Tractors; (Other than Tractors of Heading No 8709) in Russia (FOB) - 2022
- Imports of Tractors; (Other than Tractors of Heading No 8709) in Russia
- Exports of Tractors; (Other than Tractors of Heading No 8709) in Russia
Price for Tractors; (Other than Tractors of Heading No 8709) in Russia (CIF) - 2022
The average import price for tractors; (other than tractors of heading no 8709)s stood at $32,311 per unit in 2022, dropping by -36% against the previous year. Overall, the import price recorded a perceptible descent. The growth pace was the most rapid in 2021 when the average import price increased by 130%. As a result, import price reached the peak level of $50,517 per unit, and then reduced remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($119,157 per unit), while the price for India ($10,546 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tractors; (Other than Tractors of Heading No 8709) in Russia (FOB) - 2022
The average export price for tractors; (other than tractors of heading no 8709)s stood at $16,324 per unit in 2022, increasing by 5.6% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 72% against the previous year. Over the period under review, the average export prices attained the peak figure at $20,041 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($85,345 per unit), while the average price for exports to Latvia ($1,072 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 Turkey (+126.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tractors; (Other than Tractors of Heading No 8709) in Russia
In 2022, after two years of decline, there was growth in supplies from abroad of tractors; (other than tractors of heading no 8709)s, when their volume increased by 0.2% to 25K units. Overall, imports, however, faced a significant contraction. Imports peaked at 54K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of tractors; (other than tractors of heading no 8709)s contracted rapidly to $821M in 2022. In general, imports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 11%. Imports peaked at $1.4B in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Tractors; (Other than Tractors of Heading No 8709) in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 34.1 | 38.5 | 72.5 | 537 | 150.7% |
| Kazakhstan | N/A | 0.1 | 0.8 | 46.5 | 2056.4% |
| Netherlands | 283 | 260 | 460 | 44.7 | -45.9% |
| Germany | 167 | 121 | 148 | 24.0 | -47.6% |
| Poland | 102 | 70.0 | 103 | 11.4 | -51.8% |
| Sweden | 111 | 55.5 | 107 | 10.6 | -54.3% |
| France | 89.0 | 57.9 | 78.6 | 10.5 | -51.0% |
| Japan | 7.0 | 8.7 | 11.5 | 9.2 | 9.5% |
| India | 1.4 | 2.2 | 4.4 | 6.5 | 66.8% |
| Finland | 19.8 | 18.0 | 20.3 | 4.6 | -38.5% |
| Belarus | 320 | 318 | N/A | N/A | -0.6% |
| Others | 255 | 205 | 275 | 116 | -23.1% |
| Total | 1,390 | 1,154 | 1,281 | 821 | -16.1% |
Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to Russia in 2022:
- China (19.6K units)
- Japan (0.9K units)
- Kazakhstan (0.8K units)
- Netherlands (0.7K units)
- India (0.6K units)
- Germany (0.4K units)
- Finland (0.3K units)
- Sweden (0.2K units)
- Poland (0.1K units)
- France (0.1K units)
Exports of Tractors; (Other than Tractors of Heading No 8709) in Russia
In 2022, shipments abroad of tractors; (other than tractors of heading no 8709)s decreased by -5.7% to 5.2K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 5.5K units, and then shrank in the following year.
In value terms, exports of tractors; (other than tractors of heading no 8709)s shrank to $85M in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17%. As a result, the exports attained the peak of $86M, leveling off in the following year.
| Export of Tractors; (Other than Tractors of Heading No 8709) in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 44.7 | 42.1 | 54.3 | 57.8 | 8.9% |
| United States | 0.4 | 1.4 | 2.2 | 3.2 | 100.0% |
| Turkey | N/A | N/A | N/A | 2.7 | 0% |
| Finland | N/A | N/A | 0.1 | 1.2 | 1100.0% |
| Armenia | 0.2 | 0.4 | 1.3 | 1.1 | 76.5% |
| Germany | 3.4 | 4.3 | 3.4 | 1.0 | -33.5% |
| Egypt | 2.8 | 7.1 | 3.7 | 0.9 | -31.5% |
| Czech Republic | 1.1 | 1.8 | 3.3 | 0.8 | -10.1% |
| Uzbekistan | 1.9 | 0.6 | 3.1 | 0.4 | -40.5% |
| Slovenia | 0.4 | 0.6 | 0.9 | 0.4 | 0.0% |
| Lithuania | 0.4 | 0.4 | 0.4 | 0.2 | -20.6% |
| Latvia | 0.1 | 0.2 | 0.3 | 0.1 | 0.0% |
| Belarus | 11.5 | 8.7 | N/A | N/A | -24.3% |
| Others | 9.3 | 5.9 | 12.7 | 15.6 | 18.8% |
| Total | 76.3 | 73.5 | 85.8 | 85.4 | 3.8% |
Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from Russia in 2022:
- United States (1936.0 units)
- Kazakhstan (1628.0 units)
- Finland (553.0 units)
- Turkey (164.0 units)
- Armenia (146.0 units)
- Lithuania (113.0 units)
- Germany (104.0 units)
- Czech Republic (83.0 units)
- Latvia (80.0 units)
- Slovenia (44.0 units)
- Egypt (34.0 units)
- Uzbekistan (19.0 units)
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