EU: Hay-Making Machinery Market 2025

Hay-Making Machinery Market Size in the EU

The EU hay-making machinery market reduced to $X in 2021, waning by -8.6% against the previous year. In general, consumption showed a slight downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Hay-Making Machinery Production in the EU

In value terms, hay-making machinery production reached $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 18% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Hay-Making Machinery Exports

Exports in the EU

In 2021, after two years of decline, there was significant growth in overseas shipments of hay-making machinery, when their volume increased by 22% to X units. Overall, exports recorded a mild expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hay-making machinery exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Germany (X units), distantly followed by France (X units), Italy (X units), Austria (X units), the Czech Republic (X units), Poland (X units) and Denmark (X units) represented the largest exporters of hay-making machinery, together constituting 93% of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +12.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest hay-making machinery supplying countries in the European Union were Germany ($X), France ($X) and Austria ($X), together comprising 63% of total exports. These countries were followed by Italy, the Czech Republic, Denmark and Poland, which together accounted for a further 30%.

Among the main exporting countries, Poland, with a CAGR of +14.3%, recorded the highest growth rate of 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

The export price in the European Union stood at $X per unit in 2021, surging by 7% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 7.9%. Over the period under review, the export prices attained the maximum in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.8%), while the other leaders experienced more modest paces of growth.

Hay-Making Machinery Imports

Imports in the EU

In 2021, the amount of hay-making machinery imported in the European Union was estimated at X units, picking up by 9.5% on the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 19% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, hay-making machinery imports soared to $X in 2021. In general, imports continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 23% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X units), distantly followed by France (X units), Poland (X units), Italy (X units), Austria (X units), the Netherlands (X units) and Denmark (X units) were the main importers of hay-making machinery, together achieving 76% of total imports. The Czech Republic (X units), Romania (X units), Spain (X units), Hungary (X units), Lithuania (X units) and Belgium (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +8.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hay-making machinery importing markets in the European Union were Germany ($X), France ($X) and Italy ($X), together accounting for 51% of total imports. These countries were followed by Austria, Poland, the Netherlands, Denmark, the Czech Republic, Romania, Spain, Lithuania, Hungary and Belgium, which together accounted for a further 40%.

Hungary, with a CAGR of +11.1%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per unit, increasing by 7.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2018 when the import price increased by 12%. The level of import peaked in 2021 and is expected to retain growth in years to come.

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 Lithuania ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+8.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :