Argentina: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in Argentina

The Argentinian agricultural harvester market expanded remarkably to $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Agricultural harvester consumption peaked at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Agricultural Harvester Production in Argentina

In value terms, agricultural harvester production rose markedly to $X in 2023 estimated in export price. Overall, the total production indicated a perceptible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

Agricultural Harvester Exports

Exports from Argentina

In 2023, shipments abroad of agricultural harvesters decreased by X% to X units, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

In value terms, agricultural harvester exports declined to $X in 2023. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X units) was the main destination for agricultural harvester exports from Argentina, with a X% share of total exports. Moreover, agricultural harvester exports to Ukraine exceeded the volume sent to the second major destination, Paraguay (X units), threefold. Uruguay (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Ukraine amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and Uruguay (X% per year).

In value terms, Paraguay ($X) emerged as the key foreign market for agricultural harvesters exports from Argentina, comprising X% of total exports. The second position in the ranking was held by Ukraine ($X), with an X% share of total exports. It was followed by Uruguay, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Paraguay amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Uruguay (X% per year).

Export Prices by Country

The average agricultural harvester export price stood at $X per unit in 2023, surging by X% against the previous year. Over the period under review, the export price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($X per unit), while the average price for exports to Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (X%), while the prices for the other major destinations experienced mixed trend patterns.

Agricultural Harvester Imports

Imports into Argentina

In 2023, approx. X units of agricultural harvesters were imported into Argentina; increasing by X% compared with 2022. Over the period under review, imports, however, saw a abrupt setback. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, agricultural harvester imports declined remarkably to $X in 2023. In general, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Brazil (X units), Germany (X units) and the United States (X units) were the main suppliers of agricultural harvester imports to Argentina, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, Brazil ($X), Germany ($X) and the United States ($X) constituted the largest agricultural harvester suppliers to Argentina, together accounting for X% of total imports.

In terms of the main suppliers, the United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2023, the average agricultural harvester import price amounted to $X per unit, which is down by X% against the previous year. In general, the import price saw a noticeable decrease. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform