Germany: Market for Parts Of Harvester And Threshers 2024

Market Size for Parts Of Harvester And Threshers in Germany

The German market for parts of harvester and threshers totaled $X in 2021, increasing by 6% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the immediate term.

Production of Parts Of Harvester And Threshers in Germany

In value terms, parts of harvester and threshers production skyrocketed to $X in 2021 estimated in export price. Over the period under review, the total production indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +104.8% against 2016 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Parts Of Harvester And Threshers

Exports from Germany

In 2021, exports of parts of harvester and threshers from Germany skyrocketed to X units, rising by 22% against 2020. The total export volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, 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.

In value terms, parts of harvester and threshers exports surged to $X in 2021. The total export value increased at an average annual rate of +2.1% from 2012 to 2021; however, 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

The United States (X units), Russia (X units) and France (X units) were the main destinations of parts of harvester and threshers exports from Germany, with a combined 42% share of total exports. Italy, Austria, the Czech Republic, Poland, the UK, the Netherlands, Ukraine, Hungary, Denmark and China lagged somewhat behind, together comprising a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +19.8%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Russia ($X) constituted the largest markets for parts of harvester and threshers exported from Germany worldwide, together comprising 43% of total exports. These countries were followed by Italy, the UK, Austria, Poland, Ukraine, the Netherlands, the Czech Republic, China, Denmark and Hungary, which together accounted for a further 32%.

Among the main countries of destination, China, with a CAGR of +15.7%, 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

The average export price for parts of harvester and threshers stood at $X per unit in 2021, increasing by 4.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 7.2% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Italy ($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 the United States (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts Of Harvester And Threshers

Imports into Germany

In 2021, supplies from abroad of parts of harvester and threshers was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports attained 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. The total import value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Czech Republic (X units), Hungary (X units) and the Netherlands (X units) were the main suppliers of parts of harvester and threshers imports to Germany, with a combined 46% share of total imports. These countries were followed by Poland, the United States, Italy, China, France, Slovakia, Austria, Denmark, India and Belgium, which together accounted for a further 45%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +10.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Hungary ($X) and the United States ($X) appeared to be the largest parts of harvester and threshers suppliers to Germany, together comprising 43% of total imports. These countries were followed by the Netherlands, Italy, France, Poland, Austria, China, Belgium, Slovakia, Denmark and India, which together accounted for a further 45%.

Among the main suppliers, China, with a CAGR of +9.9%, 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 average import price for parts of harvester and threshers stood at $X per unit in 2021, growing by 4.3% 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 appeared the most rapid in 2016 when the average import price increased by 8.7% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per unit), while the price for India ($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 (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform