EU: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in the EU

The EU harvesting machinery market rose modestly to $X in 2022, surging by X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Harvesting Machinery Production in the EU

In value terms, harvesting machinery production rose slightly to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

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Harvesting Machinery Exports

Exports in the EU

After two years of growth, shipments abroad of root or tuber harvesting machines decreased by X% to X units in 2022. In general, exports, however, showed 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 rapidly in the following year.

In value terms, harvesting machinery exports dropped to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then dropped in the following year.

Exports by Country

Germany represented the key exporter of root or tuber harvesting machines in the European Union, with the volume of exports accounting for X units, which was near 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 recorded 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 the European Union, 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. The Netherlands (X p.p.), Poland (X p.p.) and France (X p.p.) significantly strengthened its position in terms of the total exports, while Belgium and Germany 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, Germany ($X) remains the largest harvesting machinery supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Belgium ($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

The export price in the European Union stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The level of export peaked at $X per unit in 2013; however, from 2014 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 the EU

In 2022, after two years of growth, there was decline in overseas purchases of root or tuber harvesting machines, when their volume decreased by X% to X units. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, harvesting machinery imports shrank to $X in 2022. Total imports indicated moderate growth 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 2019 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

France represented the largest importing country with an import of around X units, which resulted at X% of total imports. It was distantly followed by Germany (X units), the Netherlands (X units), Poland (X units) and Belgium (X units), together committing a X% share of total imports. The following importers - Denmark (X units), Ireland (X units), Hungary (X units), Austria (X units), Sweden (X units), Romania (X units), the Czech Republic (X units) and Spain (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to harvesting machinery imports into France stood at X%. At the same time, Ireland (X%), Spain (X%), Hungary (X%), Germany (X%), Sweden (X%) and Romania (X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Belgium and Austria experienced a relatively flat trend pattern. By contrast, Poland (X%), Denmark (X%), the Czech Republic (X%) and the Netherlands (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of France, Germany, Ireland, Hungary and Sweden increased by 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, France ($X) constitutes the largest market for imported root or tuber harvesting machines in the European Union, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in France totaled X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, falling by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per unit in 2021, and then shrank in the following year.

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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