Argentina: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in Argentina

The Argentinian agricultural harvester market fell to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, recorded a pronounced slump. Agricultural harvester consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Agricultural Harvester Production in Argentina

In value terms, agricultural harvester production expanded slightly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Agricultural Harvester Exports

Exports from Argentina

In 2022, exports of agricultural harvesters from Argentina surged to X units, with an increase of X% compared with the year before. Overall, exports, however, saw a abrupt slump. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, agricultural harvester exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for agricultural harvester exports from Argentina, with a X% share of total exports. Moreover, agricultural harvester exports to Germany exceeded the volume sent to the second major destination, Bulgaria (X units), threefold. The third position in this ranking was held by Bolivia (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (X% per year) and Bolivia (X% per year).

In value terms, Germany ($X) emerged as the key foreign market for agricultural harvesters exports from Argentina, comprising X% of total exports. The second position in the ranking was held by Bulgaria ($X), with a X% share of total exports. It was followed by Paraguay, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (X% per year) and Paraguay (X% per year).

Export Prices by Country

The average agricultural harvester export price stood at $X per unit in 2022, declining by X% against the previous year. In general, the export price showed a deep setback. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The export price peaked at $X per unit in 2021, and then contracted sharply in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per unit), while the average price for exports to Bolivia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (X%), while the prices for the other major destinations experienced a decline.

Agricultural Harvester Imports

Imports into Argentina

In 2022, the amount of agricultural harvesters imported into Argentina dropped rapidly to X units, reducing by X% compared with 2021 figures. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, agricultural harvester imports reduced modestly to $X in 2022. Overall, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Brazil (X units), Germany (X units) and the United States (X units) were the main suppliers of agricultural harvester imports to Argentina, with a combined X% share of total imports. Italy lagged somewhat behind, accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, Brazil ($X), the United States ($X) and Germany ($X) were the largest agricultural harvester suppliers to Argentina, together comprising X% of total imports. These countries were followed by Italy, which accounted for a further X%.

In terms of the main suppliers, Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average agricultural harvester import price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price posted perceptible growth. The growth pace was the most rapid in 2020 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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