Global Agricultural Forestry Machinery Market 2024

Agricultural Forestry Machinery Market Size

In 2022, the global agricultural forestry machinery market decreased by X% to $X, falling for the fourth consecutive year after seven years of growth. Overall, consumption, however, recorded prominent growth. Global consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Agricultural Forestry Machinery Production

In value terms, agricultural forestry machinery production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, showed a prominent expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Agricultural Forestry Machinery Exports

Exports

For the third year in a row, the global market recorded growth in overseas shipments of agricultural forestry machinery (lawn or sportsground rollers), which increased by X% to X units in 2022. Over the period under review, exports showed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the global exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, agricultural forestry machinery exports dropped slightly to $X in 2022. Overall, total exports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. 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, and then shrank in the following year.

Exports by Country

China was the key exporter of agricultural forestry machinery (lawn or sportsground rollers) in the world, with the volume of exports resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Italy (X units), achieving an X% share of total exports. The following exporters - Canada (X units), Germany (X units), Poland (X units), Denmark (X units), India (X units), the United States (X units), the Netherlands (X units) and Japan (X units) - together made up X% of total exports.

China was also the fastest-growing in terms of the agricultural forestry machinery (lawn or sportsground rollers) exports, with a CAGR of X% from 2012 to 2022. At the same time, India (X%), Poland (X%), Canada (X%), Denmark (X%), Germany (X%), the Netherlands (X%), Italy (X%) and Japan (X%) displayed positive paces of growth. By contrast, the United States (X%) illustrated a downward trend over the same period. China (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the global exports, while the Netherlands, Denmark, Germany, Japan, Italy and the United States saw its share reduced by X%, X%, X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), Germany ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of global exports. Canada, China, the United States, Denmark, Poland, India and Japan lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average agricultural forestry machinery export price amounted to $X per unit, falling by X% against the previous year. In general, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while China ($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 United States (X%), while the other global leaders experienced more modest paces of growth.

Agricultural Forestry Machinery Imports

Imports

For the third year in a row, the global market recorded growth in purchases abroad of agricultural forestry machinery (lawn or sportsground rollers), which increased by X% to X units in 2022. In general, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, global imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, agricultural forestry machinery imports expanded sharply to $X in 2022. Over the period under review, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, global imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

The United States was the main importing country with an import of about X units, which accounted for X% of total imports. France (X units) ranks second in terms of the total imports with a X% share, followed by Germany (X%), Russia (X%) and Canada (X%). The following importers - the UK (X units), Australia (X units), Poland (X units), Italy (X units), Austria (X units), Romania (X units), Spain (X units) and the Netherlands (X units) - together made up X% of total imports.

The United States was also the fastest-growing in terms of the agricultural forestry machinery (lawn or sportsground rollers) imports, with a CAGR of X% from 2012 to 2022. At the same time, Italy (X%), Spain (X%), Australia (X%), the UK (X%), Romania (X%), Poland (X%), Russia (X%), France (X%), Canada (X%), Austria (X%) and the Netherlands (X%) displayed positive paces of growth. Germany experienced a relatively flat trend pattern. While the share of the United States (X p.p.) and Italy (X p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), France ($X) and Germany ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of global imports. Canada, the UK, Poland, Australia, Russia, Romania, Austria, the Netherlands, Italy and Spain lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Italy, 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 global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average agricultural forestry machinery import price amounted to $X per unit, almost unchanged from the previous year. Over the period under review, the import price showed a mild slump. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Global import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the Netherlands ($X per unit), while the United States ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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