Austria: Combine Harvester Market Overview 2021

Combine Harvester Market Size in Austria

The Austrian combine harvester market skyrocketed to $X in 2020, rising by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Combine Harvester Production in Austria

In value terms, combine harvester production skyrocketed to $X in 2020 estimated in export prices. Overall, the total production indicated buoyant growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% y-o-y. Over the period under review, production attained the peak level in 2020 and is likely to continue growth in years to come.

Combine Harvester Exports

Exports from Austria

In 2020, shipments abroad of combine harvester-threshers was finally on the rise to reach X tonnes for the first time since 2017, thus ending a two-year declining trend. Over the period under review, total exports indicated a noticeable increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Exports peaked at X tonnes in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, combine harvester exports soared to $X in 2020. Overall, total exports indicated prominent growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Exports peaked at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

Hungary (X tonnes), Romania (X tonnes) and France (X tonnes) were the main destinations of combine harvester exports from Austria, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in France, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for combine harvester exported from Austria were the U.S. ($X), Hungary ($X) and France ($X), together accounting for X% of total exports.

In terms of the main countries of destination, France recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average combine harvester export price stood at $X per tonne in 2020, growing by X% against the previous year. In general, export price indicated a buoyant increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, combine harvester export price increased by +X% against 2017 indices. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Canada ($X per tonne), while the average price for exports to Syrian Arab Republic ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Croatia, while the prices for the other major destinations experienced more modest paces of growth.

Combine Harvester Imports

Imports into Austria

In 2020, after two years of decline, there was significant growth in supplies from abroad of combine harvester-threshers, when their volume increased by X% to X tonnes. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes. From 2012 to 2020, the growth imports failed to regain the momentum.

In value terms, combine harvester imports expanded remarkably to $X in 2020. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2012 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest combine harvester supplier to Austria, accounting for a X% share of total imports. Moreover, combine harvester imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tonnes), fivefold. The third position in this ranking was occupied by Poland (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and Poland (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of combine harvester to Austria, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Italy (+X% per year).

Import Prices by Country

The average combine harvester import price stood at $X per tonne in 2020, declining by -X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2009; however, from 2010 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the price for Denmark ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for combine harvester-threshers in the world?

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China (648K tonnes) remains the largest combine harvester consuming country worldwide, comprising approx. 27% of total volume. Moreover, combine harvester consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (282K tonnes), twofold. India (180K tonnes) ranked third in terms of total consumption with a 7.5% share.

What are the largest producers of combine harvester-threshers in the world?

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The countries with the highest volumes of combine harvester production in 2020 were China (688K tonnes), the U.S. (369K tonnes) and Germany (175K tonnes), with a combined 50% share of global production. India, Brazil, Russia, Italy, the UK, Japan, France, South Korea, Turkey and Poland lagged somewhat behind, together accounting for a further 34%.

What are the leading suppliers of combine harvester-threshers to Austria?

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In value terms, Germany ($15M) constituted the largest supplier of combine harvester to Austria, comprising 57% of total imports. The second position in the ranking was occupied by Belgium ($2.8M), with a 11% share of total imports. It was followed by Italy, with a 8.6% share.

What are the leading importers of combine harvester-threshers from Austria?

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In value terms, the U.S. ($5M), Hungary ($4.5M) and France ($3.8M) were the largest markets for combine harvester exported from Austria worldwide, together comprising 32% of total exports.

What is the average export price for combine harvester-threshers in Austria?

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In 2020, the average combine harvester export price amounted to $19,929 per tonne, surging by 31% against the previous year.

What is the average import price for combine harvester-threshers in Austria?

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In 2020, the average combine harvester import price amounted to $10,318 per tonne, waning by -8% against the previous year.