Russian Federation: Market for Forage Harvesters and Other Harvesting Machines 2025

Market Size for Forage Harvesters and Other Harvesting Machines in the Russian Federation

After three years of decline, the Russian market for forage harvesters and other harvesting machines increased by 80% to $X in 2021. In general, consumption showed a relatively flat trend pattern. 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 Russian Federation

In value terms, production of forage harvesters and other harvesting machines soared to $X in 2021 estimated in export price. In general, production, however, showed a deep reduction. Over the period under review, production of hit record highs at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Exports of Forage Harvesters and Other Harvesting Machines

Exports from the Russian Federation

In 2021, approx. X units of forage harvesters and other harvesting machines were exported from Russia; growing by 48% on 2020 figures. Overall, exports continue to indicate a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of forage harvesters and other harvesting machines surged to $X in 2021. In general, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +98.3% against 2015 indices. The pace of growth appeared the most rapid in 2017 with an increase of 40%. Over the period under review, the exports of reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Kazakhstan (X units) was the main destination for exports of forage harvesters and other harvesting machines from Russia, with a 58% share of total exports. Moreover, exports of forage harvesters and other harvesting machines to Kazakhstan exceeded the volume sent to the second major destination, Moldova (X units), sevenfold. Bulgaria (X units) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kazakhstan totaled +18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+68.8% per year) and Bulgaria (+79.5% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for forage harvesters and other harvesting machines exports from Russia, comprising 52% of total exports. The second position in the ranking was held by Bulgaria ($X), with a 7.4% share of total exports. It was followed by Belarus, with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Kazakhstan amounted to +5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+50.3% per year) and Belarus (-18.9% per year).

Export Prices by Country

The average export price for forage harvesters and other harvesting machines stood at $X per unit in 2021, reducing by -18.7% against the previous year. Over the period under review, the export price faced a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 48%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per unit), while the average price for exports to France ($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 Belarus (+1.7%), while the prices for the other major destinations experienced a decline.

Imports of Forage Harvesters and Other Harvesting Machines

Imports into the Russian Federation

For the third consecutive year, Russia recorded growth in supplies from abroad of forage harvesters and other harvesting machines, which increased by 106% to X units in 2021. In general, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of forage harvesters and other harvesting machines skyrocketed to $X in 2021. Overall, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of 104% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

Hungary (X units), Ukraine (X units) and Belarus (X units) were the main suppliers of imports of forage harvesters and other harvesting machines to Russia, together accounting for 51% of total imports. Italy, Germany, Poland, the United States, Canada and Argentina lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of +27.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Hungary ($X) and Canada ($X) were the largest forage harvesters and other harvesting machines suppliers to Russia, together comprising 47% of total imports. Belarus, Italy, the United States, Ukraine, Poland and Argentina lagged somewhat behind, together comprising a further 41%.

In terms of the main suppliers, Argentina, with a CAGR of +24.8%, recorded 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 2021, the average import price for forage harvesters and other harvesting machines amounted to $X per unit, which is down by -13.6% against the previous year. In general, the import price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2018 when the average import price increased by 24% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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