Germany: Threshing Machinery Market 2024

Threshing Machinery Market Size in Germany

The German threshing machinery market stood at $X in 2022, picking up by 2.6% against the previous year. Over the period under review, consumption, however, continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 9.9% against the previous year. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Threshing Machinery Production in Germany

In value terms, threshing machinery production reached $X in 2022 estimated in export price. Overall, production, however, showed a deep slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by 9.7% against the previous year. Threshing machinery production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Threshing Machinery Exports

Exports from Germany

After three years of growth, overseas shipments of threshing machinery except combine harvester-threshers decreased by -31% to X units in 2022. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 57% against the previous year. As a result, the exports reached the peak of X units, and then shrank notably in the following year.

In value terms, threshing machinery exports fell significantly to $X in 2022. In general, exports recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. As a result, the exports attained the peak of $X, and then declined markedly in the following year.

Exports by Country

Austria (X units), the Czech Republic (X units) and Ukraine (X units) were the main destinations of threshing machinery exports from Germany, together comprising 32% of total exports. These countries were followed by Finland, Poland, Serbia, the Netherlands, Turkmenistan, Belgium, Romania, Greece, Portugal and Switzerland, which together accounted for a further 48%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of +38.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for threshing machinery exported from Germany were Austria ($X), Turkmenistan ($X) and Ukraine ($X), with a combined 33% share of total exports. These countries were followed by Poland, Belgium, Finland, the Czech Republic, the Netherlands, Romania, Switzerland, Portugal, Greece and Serbia, which together accounted for a further 40%.

Portugal, with a CAGR of +39.9%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 threshing machinery export price amounted to $X per unit, increasing by 10% against the previous year. In general, the export price, however, continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2017 an increase of 40% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkmenistan ($X per unit), while the average price for exports to Serbia ($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 Finland (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Threshing Machinery Imports

Imports into Germany

In 2022, overseas purchases of threshing machinery except combine harvester-threshers decreased by -38.7% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 125%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, threshing machinery imports declined dramatically to $X in 2022. Overall, imports continue to indicate a deep slump. The growth pace was the most rapid in 2021 when imports increased by 201% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X units), Denmark (X units) and Austria (X units) were the main suppliers of threshing machinery imports to Germany, together accounting for 75% of total imports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +34.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Denmark ($X) and Austria ($X) were the largest threshing machinery suppliers to Germany, together accounting for 78% of total imports.

In terms of the main suppliers, Denmark, with a CAGR of +31.0%, 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

In 2022, the average threshing machinery import price amounted to $X per unit, falling by -22.9% against the previous year. Overall, the import price continues to indicate a perceptible contraction. The growth pace was the most rapid in 2021 an increase of 34% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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