Malta: Combine Harvester Market 2020

Combine Harvester Market Size in Malta

The revenue of the combine harvester market in Malta amounted to $X in 2018, coming down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, combine harvester consumption continues to indicate a precipitous decline. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, the combine harvester market attained its maximum level at $X in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Combine Harvester Exports

Exports from Malta

In 2018, the exports of combine harvester-threshers from Malta stood at X units, rising by X% against the previous year. Overall, combine harvester exports continue to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, combine harvester exports reached their maximum in 2018 and are likely to see steady growth in the near future.

In value terms, combine harvester exports totaled $X in 2018. Over the period under review, combine harvester exports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Malta exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

The exports of the four major exporters of combine harvester-threshers, namely Germany, Thailand, the U.S. and Belgium, represented more than half of total export. China (X units) occupied the next position in the ranking, followed by Poland (X units). All these countries together occupied approx. X% share of total exports. The following exporters - Finland (X units), Brazil (X units), Italy (X units), India (X units), Russia (X units) and Japan (X units) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Thailand, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and Belgium ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Thailand, China, Brazil, Poland, Italy, Japan, Russia, Finland, India and Malta lagged somewhat behind, together accounting for a further X recorded the highest growth rate of exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The combine harvester export price in Malta stood at $X per unit in 2018, stabilizing at the previous year. In general, the combine harvester export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Malta export price peaked at $X per unit in 2017, leveling off in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per unit), while India ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Combine Harvester Imports

Imports into Malta

In 2018, the combine harvester imports into Malta totaled X units, standing approx. at the previous year. Overall, combine harvester imports continue to indicate a precipitous deduction. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, combine harvester imports attained their maximum at X units in 2013; however, from 2014 to 2018, imports remained at a lower figure.

In value terms, combine harvester imports amounted to $X in 2018. Overall, combine harvester imports continue to indicate an abrupt shrinkage. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, combine harvester imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Canada (X units), distantly followed by Ukraine (X units), France (X units) and Poland (X units) were the major importers of combine harvester-threshers, together comprising X% of total imports. Australia (X units), Germany (X units), Romania (X units), Mexico (X units), Bulgaria (X units), the UK (X units), China (X units) and Russia (X units) took a relatively small share of total imports.

Imports into Canada increased at an average annual rate of +X% from 2007 to 2018. At the same time, Australia (+X%), Bulgaria (+X%), China (+X%), Romania (+X%), Mexico (+X%) and Poland (+X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Ukraine experienced a relatively flat trend pattern. By contrast, Germany (-X%), France (-X%), the UK (-X%) and Russia (-X%) illustrated a downward trend over the same period. While the share of Canada (+X p.p.), Australia (+X p.p.), Bulgaria (+X p.p.), Romania (+X p.p.) and China (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of France (-X p.p.) and Russia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) constitutes the largest market for imported combine harvester-threshers into Malta, comprising X% of global imports. The second position in the ranking was occupied by Ukraine ($X), with a X% share of global imports. It was followed by Australia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in Canada stood at +X%. In the other countries, the average annual rates were as follows: Ukraine (+X% per year) and Australia (+X% per year).

Import Prices by Country

In 2018, the combine harvester import price in Malta amounted to $X per unit, shrinking by -X% against the previous year. Over the period under review, the combine harvester import price, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2015 when the import price increased by X% against the previous year. In that year, the import prices for combine harvester-threshers attained their peak level of $X per unit. From 2016 to 2018, the growth in terms of the import prices for combine harvester-threshers remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Australia ($X per unit), while Mexico ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Ukraine, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform