France: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in France

The French harvesting machinery market fell significantly to $X in 2021, declining by -25.2% against the previous year. Overall, consumption, however, saw strong growth. Harvesting machinery consumption peaked at $X in 2020, and then reduced remarkably in the following year.

Harvesting Machinery Production in France

In value terms, harvesting machinery production shrank to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by 42%. As a result, production reached the peak level of $X, and then contracted in the following year.

Harvesting Machinery Exports

Exports from France

In 2021, overseas shipments of root or tuber harvesting machines increased by 31% to X units, rising for the fifth consecutive year after two years of decline. Overall, exports saw a prominent increase. The growth pace was the most rapid in 2018 with an increase of 55%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, harvesting machinery exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed strong growth. The growth pace was the most rapid in 2018 with an increase of 74% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X units), Belgium (X units) and the Netherlands (X units) were the main destinations of harvesting machinery exports from France, with a combined 70% share of total exports. These countries were followed by Russia, Ukraine, Poland, Spain, Switzerland and the UK, which together accounted for a further 23%.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +39.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and the Netherlands ($X) constituted the largest markets for harvesting machinery exported from France worldwide, together comprising 69% of total exports. Russia, Spain, Switzerland, Poland, the UK and Ukraine lagged somewhat behind, together comprising a further 24%.

The UK, with a CAGR of +61.4%, recorded 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 harvesting machinery export price stood at $X per unit in 2021, waning by -5.8% against the previous year. Over the period under review, the export price saw a slight decrease. The growth pace was the most rapid in 2017 when the average export price increased by 13% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Ukraine ($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 Switzerland (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Harvesting Machinery Imports

Imports into France

In 2021, supplies from abroad of root or tuber harvesting machines increased by 8.7% to X units, rising for the second consecutive year after two years of decline. In general, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +30.4% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 53% against the previous year. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, harvesting machinery imports skyrocketed to $X in 2021. Overall, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +38.9% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 57% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of harvesting machinery to France, accounting for a 58% share of total imports. Moreover, harvesting machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X units), threefold. The third position in this ranking was held by the Netherlands (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+2.8% per year) and the Netherlands (+12.6% per year).

In value terms, Germany ($X) constituted the largest supplier of root or tuber harvesting machines to France, comprising 64% of total imports. The second position in the ranking was taken by Belgium ($X), with a 19% share of total imports. It was followed by the Netherlands, with a 9.5% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+5.6% per year) and the Netherlands (+9.0% per year).

Import Prices by Country

The average harvesting machinery import price stood at $X per unit in 2021, picking up by 6.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 15% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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