Germany: Plough Market 2025

Plough Market Size in Germany

The German plough market rose to $X in 2022, increasing by 3.4% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Plough Production in Germany

In value terms, plough production totaled $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by 10% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Plough Exports

Exports from Germany

In 2022, approx. X units of ploughs for agricultural purposes were exported from Germany; shrinking by -5.4% against 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 44% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, plough exports contracted to $X in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 44%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units), Romania (X units) and Ukraine (X units) were the main destinations of plough exports from Germany, together comprising 35% of total exports. Hungary, Poland, Russia, Bulgaria, Austria, Serbia, the UK, Croatia, the Netherlands and Denmark lagged somewhat behind, together comprising a further 44%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +11.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plough exported from Germany were France ($X), Romania ($X) and Hungary ($X), together accounting for 36% of total exports. Ukraine, Bulgaria, Poland, Austria, the UK, Russia, the Netherlands, Serbia, Denmark and Croatia lagged somewhat behind, together accounting for a further 43%.

Croatia, with a CAGR of +16.5%, recorded the highest rates of growth with regard to 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

In 2022, the average plough export price amounted to $X per unit, approximately mirroring the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 12% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Plough Imports

Imports into Germany

In 2022, purchases abroad of ploughs for agricultural purposes decreased by -5.6% to X units, falling for the fourth year in a row after two years of growth. In general, imports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2017 with an increase of 41%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, plough imports reduced to $X in 2022. Overall, imports continue to indicate a perceptible decline. The growth pace was the most rapid in 2017 when imports increased by 49% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, France (X units) constituted the largest plough supplier to Germany, with a 43% share of total imports. Moreover, plough imports from France exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. The third position in this ranking was held by Austria (X units), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France amounted to -3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+6.9% per year) and Austria (-5.1% per year).

In value terms, France ($X) constituted the largest supplier of ploughs for agricultural purposes to Germany, comprising 47% of total imports. The second position in the ranking was held by Austria ($X), with a 17% share of total imports. It was followed by Poland, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France amounted to -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-5.0% per year) and Poland (+8.6% per year).

Import Prices by Country

In 2022, the average plough import price amounted to $X per unit, dropping by -5.8% against the previous year. Overall, the import price showed a noticeable decline. The growth pace was the most rapid in 2013 an increase of 15% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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