Australia: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in Australia

The Australian harvesting machinery market expanded rapidly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Harvesting Machinery Production in Australia

In value terms, harvesting machinery production rose remarkably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Harvesting Machinery Exports

Exports from Australia

In 2022, approx. X units of root or tuber harvesting machines were exported from Australia; falling by X% on the previous year's figure. Over the period under review, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by X%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, harvesting machinery exports dropped dramatically to $X in 2022. Overall, exports saw a dramatic setback. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then shrank dramatically in the following year.

Exports by Country

The Netherlands (X units) was the main destination for harvesting machinery exports from Australia, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.

In value terms, the Netherlands ($X) emerged as the key foreign market for root or tuber harvesting machines exports from Australia.

From 2012 to 2022, the average annual growth rate of value to the Netherlands was relatively modest.

Export Prices by Country

The average harvesting machinery export price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price saw a sharp curtailment. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then shrank remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Harvesting Machinery Imports

Imports into Australia

In 2022, after two years of growth, there was significant decline in supplies from abroad of root or tuber harvesting machines, when their volume decreased by X% to X units. Over the period under review, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2021, and then dropped in the following year.

In value terms, harvesting machinery imports reduced modestly to $X in 2022. Overall, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2021, and then contracted modestly in the following year.

Imports by Country

Germany (X units), Belgium (X units) and the United States (X units) were the main suppliers of harvesting machinery imports to Australia, with a combined X% share of total imports. Canada, Denmark and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the United States ($X) appeared to be the largest harvesting machinery suppliers to Australia, together accounting for X% of total imports. Canada, Denmark and the UK lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Canada, 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 more modest paces of growth.

Import Prices by Country

The average harvesting machinery import price stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($X per unit) and Canada ($X per unit), while the price for Denmark ($X per unit) and Belgium ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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