Europe: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in Europe

The Europe harvesting machinery market rose notably to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, posted a perceptible increase. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Harvesting Machinery Production in Europe

In value terms, harvesting machinery production rose to $X in 2022 estimated in export price. Overall, production, however, saw moderate growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Harvesting Machinery Exports

Exports in Europe

After two years of growth, overseas shipments of root or tuber harvesting machines decreased by X% to X units in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X units, and then contracted sharply in the following year.

In value terms, harvesting machinery exports declined to $X in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Germany was the major exporter of root or tuber harvesting machines in Europe, with the volume of exports resulting at X units, which was approx. X% of total exports in 2022. The Netherlands (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (X%), Poland (X%) and France (X%). The following exporters - Italy (X units) and Denmark (X units) - each accounted for a X% share of total exports.

Germany experienced a relatively flat trend pattern with regard to volume of exports of root or tuber harvesting machines. At the same time, France (X%), Poland (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. Denmark experienced a relatively flat trend pattern. By contrast, Belgium (X%) and Italy (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.), Poland (X p.p.) and France (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest harvesting machinery supplier in Europe, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Germany was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, picking up by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Denmark ($X per unit), while Poland ($X per unit) was amongst the lowest.

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

Harvesting Machinery Imports

Imports in Europe

In 2022, supplies from abroad of root or tuber harvesting machines increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, harvesting machinery imports soared to $X in 2022. The total import 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 pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Russia (X units) represented the major importer of root or tuber harvesting machines, creating X% of total imports. France (X units) ranks second in terms of the total imports with a X% share, followed by Germany (X%), the UK (X%), the Netherlands (X%) and Poland (X%). Belarus (X units), Belgium (X units), Denmark (X units), Ireland (X units), Hungary (X units), Austria (X units) and Switzerland (X units) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to harvesting machinery imports into Russia stood at X%. At the same time, Ireland (X%), Hungary (X%), Germany (X%) and France (X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Belgium and Austria experienced a relatively flat trend pattern. By contrast, the UK (X%), Poland (X%), Denmark (X%), Switzerland (X%), Belarus (X%) and the Netherlands (X%) illustrated a downward trend over the same period. Russia (X p.p.), France (X p.p.), Germany (X p.p.) and Ireland (X p.p.) significantly strengthened its position in terms of the total imports, while Belarus and the Netherlands saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported root or tuber harvesting machines in Europe, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by the UK, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per unit), while Hungary ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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