Russian Federation: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in the Russian Federation

The Russian agricultural harvester market surged to $X in 2022, jumping by X% against the previous year. In general, consumption, however, showed a pronounced decline. Agricultural harvester consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Agricultural Harvester Production in the Russian Federation

In value terms, agricultural harvester production rose notably to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. Agricultural harvester production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Agricultural Harvester Exports

Exports from the Russian Federation

Agricultural harvester exports from Russia plummeted to X units in 2022, with a decrease of X% against the previous year. Over the period under review, exports saw a perceptible contraction. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports attained 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 fell to $X in 2022. In general, exports saw a abrupt descent. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units), Kazakhstan (X units) and Bulgaria (X units) were the main destinations of agricultural harvester exports from Russia, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for agricultural harvesters exports from Russia, comprising X% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a X% share of total exports. It was followed by Kazakhstan, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2022, the average agricultural harvester export price amounted to $X per unit, picking up by X% against the previous year. In general, the export price, however, saw a slight decrease. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

Agricultural Harvester Imports

Imports into the Russian Federation

After three years of growth, overseas purchases of agricultural harvesters decreased by X% to X units in 2022. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, agricultural harvester imports dropped rapidly to $X in 2022. In general, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

In 2022, Belarus (X units) was the main supplier of agricultural harvester to Russia, with a X% share of total imports. It was followed by the Czech Republic (X units), with a X% share of total imports. The third position in this ranking was taken by Ukraine (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Belarus amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Ukraine (X% per year).

In value terms, Belarus ($X) constituted the largest supplier of agricultural harvesters to Russia, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belarus stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

In 2022, the average agricultural harvester import price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight increase. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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