Middle East: Market for Agricultural And Forestry Tractors 2025

Market Size for Agricultural And Forestry Tractors in the Middle East

The Middle Eastern agricultural and forestry tractor market was finally on the rise to reach $X in 2021, after two years of decline. The total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -8.8% against 2018 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Agricultural And Forestry Tractors in the Middle East

In value terms, agricultural and forestry tractor production rose remarkably to $X in 2021 estimated in export price. The total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.0% against 2018 indices. The growth pace was the most rapid in 2016 when the production volume increased by 90%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Agricultural And Forestry Tractors

Exports in the Middle East

Agricultural and forestry tractor exports rose sharply to X units in 2021, growing by 7.9% against the year before. The total export volume increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 28%. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, agricultural and forestry tractor exports surged to $X in 2021. The total export value increased at an average annual rate of +5.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey prevails in exports structure, finishing at X units, which was near 97% of total exports in 2021. Kuwait (X units) held a little share of total exports.

Turkey was also the fastest-growing in terms of the agricultural and forestry tractors exports, with a CAGR of +4.1% from 2012 to 2021. Kuwait (-5.0%) illustrated a downward trend over the same period. While the share of Turkey (+3.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Kuwait (-2.5 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest agricultural and forestry tractor supplier in the Middle East, comprising 96% of total exports. The second position in the ranking was taken by Kuwait ($X), with a 2.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Turkey amounted to +5.5%.

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per unit, increasing by 17% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. Over the period under review, the export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Kuwait ($X per unit), while Turkey stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+4.6%).

Imports of Agricultural And Forestry Tractors

Imports in the Middle East

In 2021, after four years of growth, there was significant decline in supplies from abroad of agricultural and forestry tractors, when their volume decreased by -75.2% to X units. Over the period under review, imports faced a deep contraction. The growth pace was the most rapid in 2017 with an increase of 99% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, agricultural and forestry tractor imports surged to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The level of import peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

Qatar represented the key importing country with an import of around X units, which finished at 74% of total imports. It was distantly followed by Turkey (X units), comprising a 17% share of total imports. The following importers - Iraq (X units) and Israel (X units) - each reached a 3.8% share of total imports.

Imports into Qatar decreased at an average annual rate of -21.5% from 2012 to 2021. At the same time, Turkey (+1.1%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +1.1% from 2012-2021. By contrast, Israel (-3.3%) and Iraq (-7.0%) illustrated a downward trend over the same period. While the share of Turkey (+15 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Qatar (-22 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported agricultural and forestry tractors in the Middle East, comprising 69% of total imports. The second position in the ranking was held by Israel ($X), with a 12% share of total imports. It was followed by Iraq, with a 4.6% share.

In Turkey, agricultural and forestry tractor imports increased at an average annual rate of +3.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Israel (+3.9% per year) and Iraq (-11.1% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2021, with an increase of 576% against the previous year. In general, the import price enjoyed significant growth. The level of import peaked at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Israel ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+7.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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