EU: Potato Harvester Market 2024

Potato Harvester Market Size in the EU

The EU potato harvester market reduced to $X in 2022, dropping by -7.4% against the previous year. In general, consumption showed a pronounced reduction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Potato Harvester Production in the EU

In value terms, potato harvester production amounted to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 8.9% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Potato Harvester Exports

Exports in the EU

For the fourth consecutive year, the European Union recorded growth in overseas shipments of potato-diggers and potato harvesters, which increased by 14% to X tons in 2022. In general, exports recorded a strong increase. The pace of growth appeared the most rapid in 2017 when exports increased by 32% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, potato harvester exports declined significantly to $X in 2022. Total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when exports increased by 19% against the previous year. The level of export peaked at $X in 2021, and then reduced rapidly in the following year.

Exports by Country

The Netherlands was the key exporting country with an export of about X tons, which recorded 44% of total exports. Germany (X tons) took the second position in the ranking, distantly followed by Belgium (X tons) and Poland (X tons). All these countries together took near 50% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belgium (with a CAGR of +21.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest potato harvester supplier in the European Union, comprising 56% of total exports. The second position in the ranking was held by Belgium ($X), with a 24% share of total exports. It was followed by the Netherlands, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value in Germany totaled +1.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (+1.3% per year) and the Netherlands (+10.3% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, reducing by -27.3% against the previous year. In general, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2013 an increase of 24% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.3%), while the other leaders experienced mixed trends in the export price figures.

Potato Harvester Imports

Imports in the EU

In 2022, after two years of growth, there was significant decline in purchases abroad of potato-diggers and potato harvesters, when their volume decreased by -14.2% to X tons. Total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when imports increased by 39%. The volume of import peaked at X tons in 2021, and then declined in the following year.

In value terms, potato harvester imports dropped remarkably to $X in 2022. Total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 52% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then shrank dramatically in the following year.

Imports by Country

In 2022, France (X tons) represented the key importer of potato-diggers and potato harvesters, mixing up 31% of total imports. Belgium (X tons) held an 11% share (based on physical terms) of total imports, which put it in second place, followed by the Netherlands (11%), Denmark (10%), Poland (8.7%) and Germany (4.7%). The Czech Republic (X tons), Sweden (X tons), Italy (X tons), Ireland (X tons), Hungary (X tons), Romania (X tons) and Latvia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to potato harvester imports into France stood at +7.6%. At the same time, Latvia (+18.3%), Hungary (+17.1%), Sweden (+11.4%), Belgium (+9.4%), Italy (+8.4%), Denmark (+7.3%), Ireland (+6.5%), the Czech Republic (+6.1%), Germany (+5.9%) and Romania (+5.8%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing importer imported in the European Union, with a CAGR of +18.3% from 2012-2022. Poland experienced a relatively flat trend pattern. By contrast, the Netherlands (-3.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of France, Belgium, Denmark and Hungary increased by +8, +4.1, +2.4 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X), the Netherlands ($X) and Belgium ($X) constituted the countries with the highest levels of imports in 2022, with a combined 59% share of total imports. These countries were followed by Denmark, Poland, Sweden, Germany, Ireland, the Czech Republic, Hungary, Italy, Latvia and Romania, which together accounted for a further 35%.

Latvia, with a CAGR of +20.3%, saw the highest rates of growth with regard to 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 2022, the import price in the European Union amounted to $X per ton, which is down by -8.5% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 9.5%. The level of import peaked at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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