Netherlands: Market for Forage Harvesters and Other Harvesting Machines 2024

Market Size for Forage Harvesters and Other Harvesting Machines in the Netherlands

In 2021, the Dutch market for forage harvesters and other harvesting machines increased by 43% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption saw a remarkable increase. Consumption of peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Forage Harvesters and Other Harvesting Machines in the Netherlands

In value terms, production of forage harvesters and other harvesting machines totaled $X in 2021 estimated in export price. Overall, production, however, continues to indicate a mild slump. The pace of growth was the most pronounced in 2015 when the production volume increased by 213% against the previous year. Production of peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Forage Harvesters and Other Harvesting Machines

Exports from the Netherlands

In 2021, exports of forage harvesters and other harvesting machines from the Netherlands soared to X units, growing by 30% on the previous year. Overall, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of 82%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of forage harvesters and other harvesting machines skyrocketed to $X in 2021. In general, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 43% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

The UK (X units), Belgium (X units) and Germany (X units) were the main destinations of exports of forage harvesters and other harvesting machines from the Netherlands, together accounting for 35% of total exports. These countries were followed by Russia, Canada, Switzerland, France, the United States, Poland, New Zealand, Turkey, China and Ukraine, which together accounted for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by New Zealand (with a CAGR of +30.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for forage harvesters and other harvesting machines exported from the Netherlands were Belgium ($X), the UK ($X) and Germany ($X), together comprising 36% of total exports. These countries were followed by Russia, Canada, France, the United States, China, Switzerland, Poland, New Zealand, Turkey and Ukraine, which together accounted for a further 33%.

China, with a CAGR of +82.5%, recorded the highest rates of growth with regard to the value of exports, among 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

The average export price for forage harvesters and other harvesting machines stood at $X per unit in 2021, therefore, remained relatively stable against the previous year. Overall, the export price, however, posted buoyant growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 154% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then contracted slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Switzerland ($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 Germany (+25.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Forage Harvesters and Other Harvesting Machines

Imports into the Netherlands

Imports of forage harvesters and other harvesting machines into the Netherlands soared to X units in 2021, increasing by 85% on 2020 figures. Over the period under review, imports showed a modest expansion. The most prominent rate of growth was recorded in 2013 with an increase of 619%. Over the period under review, imports of hit record highs at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, imports of forage harvesters and other harvesting machines skyrocketed to $X in 2021. In general, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of 108%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest forage harvesters and other harvesting machines supplier to the Netherlands, with a 40% share of total imports. Moreover, imports of forage harvesters and other harvesting machines from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X units), threefold. The third position in this ranking was taken by Italy (X units), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-6.4% per year) and Italy (+0.2% per year).

In value terms, Germany ($X) constituted the largest supplier of forage harvesters and other harvesting machines to the Netherlands, comprising 42% of total imports. The second position in the ranking was taken by Belgium ($X), with a 15% share of total imports. It was followed by the UK, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-0.4% per year) and the UK (+10.3% per year).

Import Prices by Country

In 2021, the average import price for forage harvesters and other harvesting machines amounted to $X per unit, falling by -19.8% against the previous year. Overall, the import price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 3,477% against the previous year. The import price peaked at $X per unit in 2020, and then fell sharply in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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