Middle East: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in the Middle East

The Middle Eastern agricultural harvester market rose sharply to $X in 2023, growing by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2023, consumption failed to regain momentum.

Agricultural Harvester Production in the Middle East

In value terms, agricultural harvester production expanded modestly to $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.

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Agricultural Harvester Exports

Exports in the Middle East

Agricultural harvester exports contracted dramatically to X units in 2023, which is down by X% compared with 2022. Overall, exports saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The volume of export peaked at X units in 2022, and then reduced markedly in the following year.

In value terms, agricultural harvester exports dropped sharply to $X in 2023. Over the period under review, exports, however, showed a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2022, and then shrank dramatically in the following year.

Exports by Country

Turkey dominates exports structure, finishing at X units, which was near X% of total exports in 2023. The following exporters - Israel (X units) and Iran (X units) - each recorded a X% share of total exports.

Exports from Turkey decreased at an average annual rate of X% from 2012 to 2023. At the same time, Israel (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2023. By contrast, Iran (X%) illustrated a downward trend over the same period. While the share of Israel (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Iran (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest agricultural harvester supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with a X% share of total exports.

In Turkey, agricultural harvester exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (X% per year) and Iran (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2023, jumping by X% against the previous year. Overall, the export price recorded a prominent increase. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs in 2023 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Israel ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Iran (X%), while the other leaders experienced more modest paces of growth.

Agricultural Harvester Imports

Imports in the Middle East

In 2023, imports of agricultural harvesters in the Middle East totaled X units, picking up by X% against 2022. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports attained the peak of X units. From 2014 to 2023, the growth of imports remained at a lower figure.

In value terms, agricultural harvester imports soared to $X in 2023. Overall, imports recorded pronounced growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Turkey (X units) represented the major importer of agricultural harvesters, making up X% of total imports. Iraq (X units) held the second position in the ranking, followed by Iran (X units). All these countries together held near X% share of total imports. The following importers - Israel (X units), the United Arab Emirates (X units) and Syrian Arab Republic (X units) - together made up X% of total imports.

Imports into Turkey increased at an average annual rate of X% from 2012 to 2023. At the same time, the United Arab Emirates (X%) and Iraq (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2023. Iran experienced a relatively flat trend pattern. By contrast, Israel (X%) and Syrian Arab Republic (X%) illustrated a downward trend over the same period. Turkey (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total imports, while Israel, Syrian Arab Republic and Iran saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported agricultural harvesters in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Iran ($X), with a X% share of total imports. It was followed by Iraq, with a X% share.

In Turkey, agricultural harvester imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Iran (X% per year) and Iraq (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2023, surging by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure in 2023 and is expected to retain growth in years to come.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform