Australia: Seeder And Planter Market 2024

Seeder And Planter Market Size in Australia

The Australian seeder and planter market stood at less than $X in 2021, leveling off at the previous year. In general, consumption continues to indicate a buoyant expansion. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Seeder And Planter Production in Australia

In value terms, seeder and planter production amounted to less than $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern.

Seeder And Planter Exports

Exports from Australia

In 2016, shipments abroad of seeders, planters, transplanters decreased by -59% to X units, falling for the second consecutive year after three years of growth. In general, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2013 when exports increased by 183% against the previous year. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2016, the exports failed to regain momentum.

In value terms, seeder and planter exports shrank sharply to $X in 2016. Over the period under review, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2013 with an increase of 258% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2016, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Argentina (X units) was the main destination for seeder and planter exports from Australia, accounting for a 44% share of total exports. Moreover, seeder and planter exports to Argentina exceeded the volume sent to the second major destination, Papua New Guinea (X units), twofold. New Zealand (X units) ranked third in terms of total exports with a 19% share.

From 2012 to 2016, the average annual growth rate of volume to Argentina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+10.7% per year) and New Zealand (+27.8% per year).

In value terms, the United States ($X), Argentina ($X) and New Zealand ($X) constituted the largest markets for seeder and planter exported from Australia worldwide, together comprising 80% of total exports.

The United States, with a CAGR of +145.7%, saw the highest growth rate of 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

In 2016, the average seeder and planter export price amounted to $X per unit, growing by 65% against the previous year. Overall, the export price recorded notable growth. The export price peaked at $X per unit in 2013; however, from 2014 to 2016, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2016, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to New Caledonia ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+46.6%), while the prices for the other major destinations experienced mixed trend patterns.

Seeder And Planter Imports

Imports into Australia

In 2016, approx. X units of seeders, planters, transplanters were imported into Australia; surging by 51% compared with the previous year. Over the period under review, total imports indicated a buoyant increase from 2012 to 2016: its volume increased at an average annual rate of +6.5% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, seeder and planter imports surged to $X in 2016. Overall, imports, however, continue to indicate a slight setback. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2016, imports remained at a lower figure.

Imports by Country

In 2016, Canada (X units) constituted the largest seeder and planter supplier to Australia, with a 66% share of total imports. Moreover, seeder and planter imports from Canada exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold. The third position in this ranking was taken by New Zealand (X units), with a 4.8% share.

From 2012 to 2016, the average annual rate of growth in terms of volume from Canada amounted to +15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-15.8% per year) and New Zealand (+11.5% per year).

In value terms, Canada ($X) constituted the largest supplier of seeders, planters, transplanters to Australia, comprising 56% of total imports. The second position in the ranking was taken by the United States ($X), with an 18% share of total imports. It was followed by New Zealand, with a 7.8% share.

From 2012 to 2016, the average annual rate of growth in terms of value from Canada stood at +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-19.7% per year) and New Zealand (+2.1% per year).

Import Prices by Country

In 2016, the average seeder and planter import price amounted to $X per unit, reducing by -13.2% against the previous year. Over the period under review, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 4.8% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2016, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Germany (+13.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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