Global Agricultural Harvester Market 2024

Agricultural Harvester Market Size

The global agricultural harvester market rose markedly to $X in 2023, 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 2023; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Agricultural Harvester Production

In value terms, agricultural harvester production expanded modestly to $X in 2023 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production attained the peak level of $X. From 2022 to 2023, global production growth remained at a lower figure.

Agricultural Harvester Exports

Exports

In 2023, approx. X units of agricultural harvesters were exported worldwide; picking up by X% on 2022 figures. Overall, exports recorded moderate growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, agricultural harvester exports soared to $X in 2023. In general, total exports indicated a moderate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the global exports hit record highs in 2023 and are likely to see steady growth in years to come.

Exports by Country

China was the largest exporting country with an export of about X units, which finished at X% of total exports. Italy (X units) took the second position in the ranking, followed by the United States (X units), Germany (X units) and Belarus (X units). All these countries together held approx. X% share of total exports. Denmark (X units), Spain (X units), India (X units), Austria (X units), Thailand (X units), Belgium (X units), the Netherlands (X units) and Brazil (X units) took a relatively small share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, Denmark (X%), Austria (X%), Thailand (X%), Spain (X%), India (X%), the Netherlands (X%), Belgium (X%) and the United States (X%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. Italy and Germany experienced a relatively flat trend pattern. By contrast, Brazil (X%) and Belarus (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of China, Denmark, Austria, Spain, Thailand and India increased by X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), the United States ($X) and Belgium ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of global exports. Italy, Brazil, China, Thailand, the Netherlands, Belarus, Austria, Spain, India and Denmark lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, the Netherlands, 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 2023, the average agricultural harvester export price amounted to $X per unit, which is down by X% against the previous year. In general, the export price showed a mild setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.

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 Belgium ($X per unit), while Denmark ($X per unit) was amongst the lowest.

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

Agricultural Harvester Imports

Imports

Global agricultural harvester imports surged to X units in 2023, jumping by X% against the previous year. Over the period under review, total imports indicated pronounced growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, global imports hit record highs in 2023 and are likely to continue growth in years to come.

In value terms, agricultural harvester imports soared to $X in 2023. Overall, total imports indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, global imports hit record highs in 2023 and are likely to see steady growth in the near future.

Imports by Country

In 2023, France (X units), distantly followed by the United States (X units) and Russia (X units) represented the largest importers of agricultural harvesters, together creating X% of total imports. The following importers - Kazakhstan (X units), Italy (X units), Germany (X units), Belgium (X units), Canada (X units), India (X units), Australia (X units), Slovakia (X units), Portugal (X units) and the Netherlands (X units) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to agricultural harvester imports into France stood at X%. At the same time, Portugal (X%), Slovakia (X%), Italy (X%), India (X%), Belgium (X%), Kazakhstan (X%), the United States (X%), Germany (X%), the Netherlands (X%) and Australia (X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Canada experienced a relatively flat trend pattern. By contrast, Russia (X%) illustrated a downward trend over the same period. While the share of France (X p.p.), Italy (X p.p.), the United States (X p.p.), Kazakhstan (X p.p.), India (X p.p.), Portugal (X p.p.), Slovakia (X p.p.) and Belgium (X p.p.) increased significantly in terms of the global imports from 2012-2023, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X), the United States ($X) and Australia ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of global imports. France, Germany, Russia, Belgium, Italy, Kazakhstan, Slovakia, the Netherlands, India and Portugal lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, India, 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 2023, the average agricultural harvester import price amounted to $X per unit, standing approx. at the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit, leveling off in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per unit), while Portugal ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform