EU: Crawler Tractor Market 2024

Crawler Tractor Market Size in the EU

In 2021, the EU crawler tractor market increased by 10% to $X, rising for the second year in a row after four years of decline. Overall, consumption, however, recorded a perceptible reduction. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Crawler Tractor Production in the EU

In value terms, crawler tractor production amounted to $X in 2021 estimated in export price. In general, production, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2015 when the production volume increased by 36%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Crawler Tractor Exports

Exports in the EU

In 2021, shipments abroad of crawler tractors decreased by -12.8% to X units, falling for the second year in a row after three years of growth. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of 26% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, crawler tractor exports fell to $X in 2021. Over the period under review, exports continue to indicate a slight downturn. The growth pace was the most rapid in 2017 with an increase of 28% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X units) and Germany (X units) were the major exporters of crawler tractors in 2021, resulting at approx. 38% and 31% of total exports, respectively. France (X units) held the next position in the ranking, followed by Belgium (X units). All these countries together held approx. 9.8% share of total exports. The Netherlands (X units), Sweden (X units), Poland (X units), Austria (X units) and the Czech Republic (X units) held a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +28.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2021, with a combined 86% share of total exports. These countries were followed by Sweden, France, Poland, the Netherlands, Austria and the Czech Republic, which together accounted for a further 8.1%.

In terms of the main exporting countries, Poland, with a CAGR of +9.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per unit, with an increase of 1.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.9%. The pace of growth appeared the most rapid in 2013 an increase of 33% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+13.9%), while the other leaders experienced more modest paces of growth.

Crawler Tractor Imports

Imports in the EU

In 2021, imports of crawler tractors in the European Union shrank sharply to X units, falling by -22.6% on the year before. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 37% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, crawler tractor imports declined to $X in 2021. Over the period under review, imports recorded a slight decline. The pace of growth was the most pronounced in 2017 with an increase of 27%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of crawler tractor imports in 2021 were France (X units), the Netherlands (X units), Germany (X units), Belgium (X units) and Italy (X units), together resulting at 60% of total import. It was distantly followed by Romania (X units), creating a 5% share of total imports. Slovakia (X units), Austria (X units), the Czech Republic (X units), Spain (X units), Lithuania (X units), Estonia (X units) and Sweden (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Estonia (with a CAGR of +30.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 40% of total imports. These countries were followed by France, Austria, the Netherlands, Romania, Sweden, the Czech Republic, Lithuania, Spain, Slovakia and Estonia, which together accounted for a further 45%.

In terms of the main importing countries, Estonia, with a CAGR of +16.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2021, increasing by 14% against the previous year. In general, the import price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2017 an increase of 40%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+9.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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