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

Contents:

1. Price for Tractors; (Other than Tractors of Heading No 8709) in the Netherlands (FOB) - 2023
2. Price for Tractors; (Other than Tractors of Heading No 8709) in the Netherlands (CIF) - 2022
3. Exports of Tractors; (Other than Tractors of Heading No 8709) in the Netherlands
4. Imports of Tractors; (Other than Tractors of Heading No 8709) in the Netherlands

Price for Tractors; (Other than Tractors of Heading No 8709) in the Netherlands (FOB) - 2023

The average export price for tractors; (other than tractors of heading no 8709)s stood at $15,027 per unit in November 2023, picking up by 12% against the previous month. Overall, the export price, however, saw a abrupt decrease. The pace of growth appeared the most rapid in September 2023 when the average export price increased by 51% month-to-month. The export price peaked at $44,248 per unit in December 2022; afterwards, it flattened through to November 2023.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Switzerland ($125K per unit), while the average price for exports to Senegal ($2,087 per unit) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for tractors; (other than tractors of heading no 8709)s stood at $16,350 per unit in 2022, with a decrease of -32% against the previous year. Over the period under review, the import price, however, continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2015 an increase of 43%. Over the period under review, average import prices reached the peak figure at $29,388 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($57,407 per unit), while the price for Japan ($4,217 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.6%), 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 the Netherlands

In 2022, approx. 309K units of tractors; (other than tractors of heading no 8709)s were exported from the Netherlands; jumping by 83% on 2021 figures. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of tractors; (other than tractors of heading no 8709)s totaled $6.9B in 2022. The total export value increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 30%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Germany (90.6K units)
2. Belgium (36.6K units)
3. France (34.8K units)
4. Spain (15.3K units)
5. Poland (14.4K units)
6. United Kingdom (13.9K units)
7. Czech Republic (10.8K units)
8. Italy (6.5K units)
9. Romania (5.9K units)
10. Portugal (5.6K units)
11. Ireland (5.2K units)
12. Austria (4.4K units)
13. Russia (0.6K units)

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

In 2022, the amount of tractors; (other than tractors of heading no 8709)s imported into the Netherlands soared to 89K units, jumping by 76% against the year before. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of tractors; (other than tractors of heading no 8709)s soared to $1.5B in 2022. The total import value increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Japan (17.3K units)
2. United States (13.2K units)
3. Belgium (12.0K units)
4. France (11.5K units)
5. Germany (8.8K units)
6. Poland (4.0K units)
7. United Kingdom (3.0K units)
8. Italy (2.7K units)
9. India (2.3K units)
10. South Korea (1.7K units)
11. Denmark (1.5K units)
12. Sweden (1.4K units)
13. China (0.7K units)

Source: IndexBox Market Intelligence Platform