Germany: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in Germany

In 2021, the German harvesting machinery market decreased by -2.7% to $X, falling for the third consecutive year after two years of growth. Overall, consumption, however, recorded a relatively flat trend pattern. Harvesting machinery consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Harvesting Machinery Production in Germany

In value terms, harvesting machinery production reached $X in 2021 estimated in export price. Overall, production showed a mild increase. The most prominent rate of growth was recorded in 2017 with an increase of 70% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Harvesting Machinery Exports

Exports from Germany

In 2021, overseas shipments of root or tuber harvesting machines increased by 21% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 37% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, harvesting machinery exports skyrocketed to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 36% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for harvesting machinery exports from Germany, with a 20% share of total exports. Moreover, harvesting machinery exports to France exceeded the volume sent to the second major destination, Poland (X units), twofold. The third position in this ranking was held by the UK (X units), with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (0.0% per year) and the UK (+1.8% per year).

In value terms, France ($X) remains the key foreign market for root or tuber harvesting machines exports from Germany, comprising 22% of total exports. The second position in the ranking was held by the UK ($X), with an 8.1% share of total exports. It was followed by Poland, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at +5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+0.9% per year) and Poland (-2.5% per year).

Export Prices by Country

The average harvesting machinery export price stood at $X per unit in 2021, approximately equating the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 11% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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 Canada ($X per unit), while the average price for exports to Ukraine ($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 Canada (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Harvesting Machinery Imports

Imports into Germany

Harvesting machinery imports into Germany expanded to X units in 2021, increasing by 3.4% compared with 2020 figures. Overall, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2013 with an increase of 62%. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, harvesting machinery imports amounted to $X in 2021. In general, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 when imports increased by 63%. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the near future.

Imports by Country

France (X units), Poland (X units) and the Netherlands (X units) were the main suppliers of harvesting machinery imports to Germany, with a combined 43% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +51.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest harvesting machinery suppliers to Germany were France ($X), Denmark ($X) and the Netherlands ($X), with a combined 49% share of total imports. These countries were followed by Belgium, Poland, Austria, the Czech Republic, Switzerland and the UK, which together accounted for a further 38%.

In terms of the main suppliers, Poland, with a CAGR of +53.5%, saw the highest rates of growth with regard to 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 harvesting machinery import price stood at $X per unit in 2021, picking up by 4.4% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 16%. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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