EU: Market for Parts Of Harvester And Threshers 2024

Market Size for Parts Of Harvester And Threshers in the EU

The EU market for parts of harvester and threshers skyrocketed to $X in 2021, increasing by 19% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +58.3% against 2015 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Parts Of Harvester And Threshers in the EU

In value terms, parts of harvester and threshers production surged to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.3% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 25%. The level of production peaked in 2021 and is likely to see gradual growth in the immediate term.

Exports of Parts Of Harvester And Threshers

Exports in the EU

In 2021, exports of parts of harvester and threshers in the European Union skyrocketed to X units, jumping by 17% against 2020 figures. The total export volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat 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.

In value terms, parts of harvester and threshers exports soared to $X in 2021. The total export value increased at an average annual rate of +3.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Germany (X units), distantly followed by Italy (X units), Poland (X units), the Czech Republic (X units), Hungary (X units), Belgium (X units), the Netherlands (X units) and France (X units) were the main exporters of parts of harvester and threshers, together committing 87% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Italy (with a CAGR of +3.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest parts of harvester and threshers supplier in the European Union, comprising 27% of total exports. The second position in the ranking was taken by Belgium ($X), with an 11% share of total exports. It was followed by Italy, with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany stood at +2.1%. In the other countries, the average annual rates were as follows: Belgium (+6.8% per year) and Italy (+3.4% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2021, approximately mirroring the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2020 an increase of 6.7%. As a result, the export price attained the peak level of $X per unit, leveling off in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.9%), while the other leaders experienced more modest paces of growth.

Imports of Parts Of Harvester And Threshers

Imports in the EU

In 2021, approx. X units of parts of harvester and threshers were imported in the European Union; rising by 30% on the previous year. The total import volume increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, parts of harvester and threshers imports skyrocketed to $X in 2021. Total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +90.2% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units) and France (X units) were the major importers of parts of harvester and threshers in 2021, accounting for approx. 24% and 16% of total imports, respectively. Belgium (X units) held the next position in the ranking, followed by Poland (X units), Austria (X units), Italy (X units) and the Netherlands (X units). All these countries together held approx. 38% share of total imports. The Czech Republic (X units), Ireland (X units), Hungary (X units), Denmark (X units), Spain (X units) and Lithuania (X units) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Lithuania (with a CAGR of +17.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Belgium ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2021, with a combined 55% share of total imports.

Among the main importing countries, Belgium, with a CAGR of +16.8%, 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, picking up by 5.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2016 when the import price increased by 12% against the previous year. Over the period under review, import prices reached the peak figure in 2021 and is likely to see gradual growth in the near future.

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 Belgium ($X per unit), while Ireland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform