Spain: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in Spain

The Spanish agricultural harvester market soared to $X in 2023, rising by X% against the previous year. Over the period under review, consumption, however, saw a drastic downturn. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Agricultural Harvester Production in Spain

In value terms, agricultural harvester production shrank slightly to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2023, production growth failed to regain momentum.

Agricultural Harvester Exports

Exports from Spain

In 2023, the amount of agricultural harvesters exported from Spain expanded significantly to X units, growing by X% compared with 2022 figures. In general, exports showed a strong increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2023 and are expected to retain growth in years to come.

In value terms, agricultural harvester exports rose sharply to $X in 2023. Overall, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2023 and are likely to see gradual growth in years to come.

Exports by Country

France (X units), Morocco (X units) and Portugal (X units) were the main destinations of agricultural harvester exports from Spain, together accounting for X% of total exports. Thailand, Gibraltar, Germany, Italy, Ukraine, the United States, Pakistan, Chile and Ghana lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of X.0%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the United States ($X) and Portugal ($X) appeared to be the largest markets for agricultural harvester exported from Spain worldwide, together accounting for X% of total exports. Germany, Italy, Chile, Morocco, Ukraine, Pakistan, Thailand, Ghana and Gibraltar lagged somewhat behind, together comprising a further X%.

Thailand, with a CAGR of X.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average agricultural harvester export price stood at $X per unit in 2023, remaining relatively unchanged against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Gibraltar ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Agricultural Harvester Imports

Imports into Spain

In 2023, purchases abroad of agricultural harvesters increased by X% to X units, rising for the sixth consecutive year after four years of decline. Overall, imports, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, agricultural harvester imports surged to $X in 2023. Over the period under review, total imports indicated a perceptible 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 2017 indices. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

Germany (X units), France (X units) and China (X units) were the main suppliers of agricultural harvester imports to Spain, with a combined X% share of total imports. Belgium, Italy, Poland, Turkey, the UK, Ireland, the United States and Canada lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of agricultural harvesters to Spain, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Italy (X% per year).

Import Prices by Country

In 2023, the average agricultural harvester import price amounted to $X per unit, jumping by X% against the previous year. Overall, the import price continues to indicate prominent growth. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($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 United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform