Romania: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in Romania

In 2022, the Romanian agricultural harvester market increased by X% to $X, rising for the third consecutive year after two years of decline. In general, the total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market attained the maximum level in 2022 and is likely to see steady growth in years to come.

Agricultural Harvester Production in Romania

In value terms, agricultural harvester production surged to $X in 2022 estimated in export price. In general, production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Agricultural harvester production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Agricultural Harvester Exports

Exports from Romania

In 2022, shipments abroad of agricultural harvesters was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports posted a measured expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, agricultural harvester exports surged to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Hungary (X units), Moldova (X units) and Iraq (X units) were the main destinations of agricultural harvester exports from Romania, together comprising X% of total exports. Lithuania, Poland, Germany, Serbia, Bulgaria, Pakistan, Ukraine, Egypt, Turkey and Croatia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), Moldova ($X) and Iraq ($X) appeared to be the largest markets for agricultural harvester exported from Romania worldwide, together accounting for X% of total exports. Hungary, Poland, Turkey, Lithuania, Germany, Ukraine, Croatia, Egypt, Serbia and Pakistan lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Croatia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, 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 agricultural harvester export price amounted to $X per unit, with a decrease of X% against the previous year. Overall, the export price showed a pronounced descent. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

Agricultural Harvester Imports

Imports into Romania

In 2022, approx. X units of agricultural harvesters were imported into Romania; increasing by X% against the year before. In general, imports continue to indicate resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, agricultural harvester imports stood at $X in 2022. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Hungary (X units), Bulgaria (X units) and Germany (X units) were the main suppliers of agricultural harvester imports to Romania, with a combined X% share of total imports. Italy, France, Turkey, China, Austria and Lithuania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest agricultural harvester suppliers to Romania were Bulgaria ($X), Hungary ($X) and Germany ($X), together comprising X% of total imports. Italy, France, Austria, China, Lithuania and Turkey lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, China, with a CAGR of X%, 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 agricultural harvester import price amounted to $X per unit, which is down by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a somewhat 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 Bulgaria ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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