Mexico: Agricultural Harvester Market 2025

Agricultural Harvester Market Size in Mexico

In 2022, the Mexican agricultural harvester market increased by X% to $X, rising for the second consecutive year after seven years of decline. Overall, consumption, however, showed a slight contraction. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Agricultural Harvester Production in Mexico

In value terms, agricultural harvester production amounted to $X in 2022 estimated in export price. In general, production, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Agricultural Harvester Exports

Exports from Mexico

In 2022, overseas shipments of agricultural harvesters increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, agricultural harvester exports surged to $X in 2022. Overall, exports, however, continue to indicate a perceptible downturn. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Bolivia (X units) was the main destination for agricultural harvester exports from Mexico, with a X% share of total exports. Moreover, agricultural harvester exports to Bolivia exceeded the volume sent to the second major destination, the United States (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Bolivia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Colombia (X% per year).

In value terms, Bolivia ($X) remains the key foreign market for agricultural harvesters exports from Mexico, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bolivia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and the United States (X% per year).

Export Prices by Country

The average agricultural harvester export price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($X per unit), while the average price for exports to the United States ($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 Bolivia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Agricultural Harvester Imports

Imports into Mexico

In 2022, purchases abroad of agricultural harvesters increased by X% to X units, rising for the second consecutive year after seven years of decline. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, agricultural harvester imports soared to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of agricultural harvester to Mexico, accounting for a X% share of total imports. Moreover, agricultural harvester imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X units), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Brazil (X% per year).

In value terms, the United States ($X) constituted the largest supplier of agricultural harvesters to Mexico, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Brazil (X% per year).

Import Prices by Country

In 2022, the average agricultural harvester import price amounted to $X per unit, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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