We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Germany - Ploughs For Agricultural Purposes - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Germany - Ploughs For Agricultural Purposes - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
May 21, 2023

Germany's Plough Price Drops Slightly to $2,710 per Unit After Two Consecutive Months of Decline

Germany Plough Export Price in February 2023

In February 2023, the plough price amounted to $2,710 per unit, therefore (FOB, Germany), remained relatively stable against the previous month. Over the period from February 2022 to February 2023, it increased at an average monthly rate of +1.0%. The pace of growth appeared the most rapid in June 2022 an increase of 16% against the previous month. As a result, the export price reached the peak level of $2.8M per thousand units. From July 2022 to February 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($4,640 per unit), while the average price for exports to Uzbekistan ($763 per unit) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Plough in Germany (USD per unit)
Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023
United StatesN/AN/A3,888N/AN/AN/A1,8724,2763,972N/A5,0452,2264,640
Bulgaria2,7763,4562,6822,1132,7153,2602,4312,5743,0432,8293,4403,1664,536
Netherlands3,3543,6883,5313,2592,8572,7903,4453,6903,4693,0074,0914,0794,292
United Kingdom2,4832,4323,0832,6512,7142,8082,9752,9192,7962,9603,3173,0393,420
Poland9251,8071,6462,3162,4502,1501,8862,0251,4041,7291,6871,7362,919
Russia2,1071,9541,8741,7462,2722,0521,8331,9953,2812,6072,825N/A2,714
France2,4733,0633,4262,0353,2111,9962,5312,3162,1722,3372,3322,7932,569
Romania3,4742,1802,8642,8983,2953,2553,4483,0683,1562,9923,0053,3222,509
Serbia1,4762,1362,0822,1021,9702,0371,8172,0001,9592,0502,1012,5562,413
Ukraine2,1432,0122,0021,9141,9991,8531,9241,8091,8731,6101,9501,8942,278
ChileN/A1,9082,117N/A2,0132,296702N/AN/AN/AN/AN/A2,214
ChinaN/A1,7071,6331,509N/A1,5221,5091,4721,5371,5561,7681,6831,753
UzbekistanN/A386N/A3,3551,921N/A393N/A298392N/A622763
Average2,4002,4632,6362,3902,7682,4582,4572,3532,4662,4882,7452,7372,710

Germany Plough Exports

In February 2023, overseas shipments of ploughs for agricultural purposes were finally on the rise to reach 2.3K units for the first time since November 2022, thus ending a two-month declining trend. In general, total exports indicated slight growth from February 2022 to February 2023: its volume increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, exports decreased by -36.8% against November 2022 indices. The growth pace was the most rapid in March 2022 when exports increased by 63% m-o-m. The exports peaked at 3.7K units in November 2022; however, from December 2022 to February 2023, the exports stood at a somewhat lower figure.

In value terms, plough exports soared to $6.3M (IndexBox estimates) in February 2023. Overall, total exports indicated a tangible increase from February 2022 to February 2023: its value increased at an average monthly rate of +2.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, exports decreased by -34.4% against December 2022 indices. The pace of growth appeared the most rapid in March 2022 with an increase of 67% m-o-m. Over the period under review, the exports hit record highs at 9.6M units in December 2022; however, from January 2023 to February 2023, the exports stood at a somewhat lower figure.

Germany Plough Exports by Country

France (472 units), China (289 units) and Russia (207 units) were the main destinations of plough exports from Germany, together comprising 42% of total exports. Ukraine, the UK, Romania, Poland, Chile, the Netherlands, Uzbekistan, Serbia, the United States and Bulgaria lagged somewhat behind, together comprising a further 41%.

From February 2022 to February 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +17.2%), while the other leaders experienced more modest paces of growth.

In value terms, France ($1.2M) remains the key foreign market for plough exports from Germany, comprising 19% of total exports. The second position in the ranking was taken by Russia ($562K), with a 9% share of total exports. It was followed by China, with an 8.1% share.

From February 2022 to February 2023, the average monthly growth rate of value to France stood at +2.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Russia (+6.9% per month) and China (+0.9% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plough market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28303130 -
  • Prodcom 28303150 -

Country coverage:

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

Recommended posts

Free Data: Ploughs For Agricultural Purposes - Germany
Table
Ploughs For Agricultural Purposes - Germany - Table
Dashboard
Ploughs For Agricultural Purposes - Germany - Dashboard
Report
Ploughs For Agricultural Purposes - Germany - Report