Spain - Tractors - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingTractor Price in Spain - 2023
Contents:
- Tractor Price in Spain (FOB) - 2022
- Tractor Price in Spain (CIF) - 2023
- Tractor Exports in Spain
- Tractor Imports in Spain
Tractor Price in Spain (FOB) - 2022
In 2022, the average tractor export price amounted to $28,978 per unit, which is down by -36% against the previous year. Overall, the export price showed a pronounced decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 117% against the previous year. Over the period under review, the average export prices attained the maximum at $57,533 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($84,542 per unit), while the average price for exports to Libya ($10,269 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 Morocco (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Tractor Price in Spain (CIF) - 2023
The average tractor import price stood at $44,265 per unit in August 2023, falling by -9.9% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 29% month-to-month. Over the period under review, average import prices reached the maximum at $49,113 per unit in July 2023, and then dropped in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($113K per unit), while the price for Japan ($3,103 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Tractor Exports in Spain
In 2022, approx. 57K units of tractors were exported from Spain; growing by 40% on the previous year. Over the period under review, total exports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.9% 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 +104.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, tractor exports reduced to $1.7B in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 +42.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. As a result, the exports reached the peak of $1.9B, and then shrank in the following year.
| Export of Tractor in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 371 | 453 | 600 | 522 | 12.1% |
| Germany | 139 | 252 | 276 | 241 | 20.1% |
| France | 186 | 173 | 211 | 189 | 0.5% |
| Poland | 35.9 | 56.5 | 118 | 103 | 42.1% |
| Portugal | 30.9 | 40.0 | 62.8 | 61.1 | 25.5% |
| United Kingdom | 65.1 | 31.5 | 66.3 | 58.0 | -3.8% |
| Turkey | 6.3 | 40.8 | 63.4 | 55.2 | 106.2% |
| Belgium | 41.8 | 31.1 | 56.1 | 53.9 | 8.8% |
| Netherlands | 20.7 | 32.9 | 43.4 | 39.9 | 24.5% |
| Morocco | 10.4 | 15.6 | 32.5 | 28.3 | 39.6% |
| Romania | 24.3 | 14.1 | 17.2 | 18.7 | -8.4% |
| Libya | 7.8 | 9.4 | 19.3 | 16.7 | 28.9% |
| Saudi Arabia | 7.3 | 21.4 | 15.0 | 13.1 | 21.5% |
| Others | 221 | 257 | 277 | 262 | 5.8% |
| Total | 1,167 | 1,428 | 1,857 | 1,662 | 12.5% |
Top Export Markets for Tractor from Spain in 2022:
- Italy (7.0K units)
- Portugal (5.1K units)
- Germany (3.0K units)
- France (2.9K units)
- Libya (1.6K units)
- Poland (1.2K units)
- Belgium (1.2K units)
- Netherlands (1.0K units)
- Turkey (0.8K units)
- Romania (0.8K units)
- Saudi Arabia (0.8K units)
- United Kingdom (0.8K units)
- Morocco (0.8K units)
Tractor Imports in Spain
In 2022, imports of tractors into Spain surged to 99K units, rising by 54% compared with 2021 figures. Over the period under review, imports posted a strong expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 84%. As a result, imports attained the peak of 127K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, tractor imports contracted modestly to $1.4B in 2022. Overall, imports, however, recorded a mild descent. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year. As a result, imports reached the peak of $1.4B, and then dropped slightly in the following year.
| Import of Tractor in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 200 | 169 | 187 | 239 | 6.1% |
| Belgium | 234 | 227 | 291 | 236 | 0.3% |
| Netherlands | 215 | 187 | 257 | 211 | -0.6% |
| France | 225 | 71.8 | 121 | 175 | -8.0% |
| Italy | 184 | 169 | 214 | 168 | -3.0% |
| Turkey | 108 | 93.8 | 90.4 | 79.1 | -9.9% |
| Poland | 5.3 | 26.4 | 55.1 | 44.3 | 102.9% |
| United Kingdom | 36.2 | 54.0 | 26.4 | 36.9 | 0.6% |
| India | 4.8 | 5.3 | 16.0 | 35.2 | 94.3% |
| United States | 65.2 | 36.0 | 30.3 | 26.5 | -25.9% |
| China | 5.4 | 5.5 | 14.0 | 13.2 | 34.7% |
| Japan | 27.0 | 23.2 | 7.5 | 1.5 | -61.8% |
| Others | 100 | 79.4 | 106 | 90.0 | -3.5% |
| Total | 1,411 | 1,146 | 1,415 | 1,357 | -1.3% |
Top Suppliers of Tractor to Spain in 2022:
- Italy (16.0K units)
- Netherlands (13.3K units)
- France (13.1K units)
- Belgium (12.6K units)
- Turkey (5.7K units)
- Poland (3.2K units)
- Germany (3.2K units)
- India (2.7K units)
- China (2.7K units)
- United States (2.1K units)
- United Kingdom (0.9K units)
- Japan (0.3K units)
This report provides an in-depth analysis of the tractor market in Spain. 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 28301000 - Pedestrian-controlled tractors
- Prodcom 28302100 - New agricultural and forestry tractors, wheeled, of an engine power . .37 kW
- Prodcom 28302200 - New agricultural and forestry tractors, wheeled, of an engine power > .37 kW but . .59 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302330 - New agricultural and forestry tractors, wheeled, of an engine power > .59 kW but . .75 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302350 - New agricultural and forestry tractors, wheeled, of an engine power > .75 kW but . .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302370 - New agricultural and forestry tractors, wheeled, of an engine power > .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302390 - New tractors excluding agricultural/forestry tractors, wheeled, p edestrian-controlled tractors - road tractors for semi-trailers, t rack-laying tractors -tractors used on railway platforms
- Prodcom 28925000 - (Crawler tractors) Track-laying tractors
- Prodcom 29104300 - Road tractors for semi-trailers
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
903
This report provides an in-depth analysis of the tractor market in Spain.
342
This report provides an in-depth analysis of the market for road tractor for semi-trailer in Spain.
327
This report provides an in-depth analysis of the crawler tractor market in Spain.
415
This report provides an in-depth analysis of the pedestrian-controlled tractor market in Spain.
316
This report provides an in-depth analysis of the market for agricultural and forestry tractor in Spain.
3420
This report provides an in-depth analysis of the global tractor market.
857
This report provides an in-depth analysis of the global market for road tractor for semi-trailer.
1215
This report provides an in-depth analysis of the global crawler tractor market.
487
This report provides an in-depth analysis of the global pedestrian-controlled tractor market.
248
This report provides an in-depth analysis of the global market for agricultural and forestry tractor.
939
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
685
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
1351
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
207
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
939
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
685
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
1351
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
207
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
