Brazil: Hay-Making Machinery Market 2025

Hay-Making Machinery Market Size in Brazil

After three years of decline, the Brazilian hay-making machinery market increased by 6.7% to $X in 2021. Over the period under review, consumption, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 9.5%. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Hay-Making Machinery Production in Brazil

In value terms, hay-making machinery production amounted to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2017 with an increase of 12%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Hay-Making Machinery Exports

Exports from Brazil

In 2021, exports of hay-making machinery from Brazil fell remarkably to X units, with a decrease of -25% compared with the previous year's figure. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 450% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, hay-making machinery exports stood at $X in 2021. Over the period under review, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 540%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Colombia (X units), Paraguay (X units) and Bolivia (X units) were the main destinations of hay-making machinery exports from Brazil, with a combined 75% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of +21.9%), while the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), Paraguay ($X) and Thailand ($X) appeared to be the largest markets for hay-making machinery exported from Brazil worldwide, together accounting for 69% of total exports. These countries were followed by Costa Rica, Australia, the United States, Bolivia and Senegal, which together accounted for a further 20%.

The United States, with a CAGR of +20.0%, saw the highest growth rate of the value of exports, among 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 hay-making machinery export price stood at $X per unit in 2021, jumping by 49% against the previous year. Over the period under review, the export price, however, recorded a perceptible curtailment. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Bolivia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Hay-Making Machinery Imports

Imports into Brazil

In 2021, overseas purchases of hay-making machinery were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, recorded a noticeable decrease. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, hay-making machinery imports soared to $X in 2021. Over the period under review, imports, however, recorded a slight slump. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X units), France (X units) and the Netherlands (X units) were the main suppliers of hay-making machinery imports to Brazil, with a combined 94% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +12.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest hay-making machinery suppliers to Brazil were Germany ($X), France ($X) and the Netherlands ($X), together accounting for 94% of total imports.

Among the main suppliers, Germany, with a CAGR of +11.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average hay-making machinery import price amounted to $X per unit, with an increase of 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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