Report Update Nov 1, 2024

Saudi Arabia - Forage Harvesters and Other Harvesting Machines - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Market for Forage Harvesters and Other Harvesting Machines 2024

Market Size for Forage Harvesters and Other Harvesting Machines in Saudi Arabia

In 2021, the Saudi market for forage harvesters and other harvesting machines was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption showed a measured expansion. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Forage Harvesters and Other Harvesting Machines in Saudi Arabia

In value terms, production of forage harvesters and other harvesting machines rose modestly to $X in 2021 estimated in export price. Over the period under review, production recorded a strong increase. The pace of growth was the most pronounced in 2017 with an increase of 103% against the previous year. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Forage Harvesters and Other Harvesting Machines

Exports from Saudi Arabia

In 2021, exports of forage harvesters and other harvesting machines from Saudi Arabia skyrocketed to X units, increasing by 80% on the previous year. Over the period under review, exports, however, saw a perceptible descent. Over the period under review, the exports of reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of forage harvesters and other harvesting machines soared to $X in 2021. In general, exports, however, recorded a abrupt downturn. Over the period under review, the exports of attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sudan (X units) was the main destination for exports of forage harvesters and other harvesting machines from Saudi Arabia, accounting for a 89% share of total exports. Moreover, exports of forage harvesters and other harvesting machines to Sudan exceeded the volume sent to the second major destination, Qatar (X units), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sudan amounted to +8.0%.

In value terms, Sudan ($X) emerged as the key foreign market for forage harvesters and other harvesting machines exports from Saudi Arabia, comprising 61% of total exports. The second position in the ranking was held by Qatar ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Sudan stood at -1.5%.

Export Prices by Country

In 2021, the average export price for forage harvesters and other harvesting machines amounted to $X per unit, surging by 7.4% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 69%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Sudan stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (-9.8%), while the prices for the other major destinations experienced a decline.

Imports of Forage Harvesters and Other Harvesting Machines

Imports into Saudi Arabia

In 2021, imports of forage harvesters and other harvesting machines into Saudi Arabia amounted to less than X units, stabilizing at the year before. Overall, imports showed a relatively flat trend pattern.

In value terms, imports of forage harvesters and other harvesting machines totaled less than $X in 2021. Over the period under review, imports showed a deep slump. The pace of growth was the most pronounced in 2015 when imports increased by 69% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for forage harvesters and other harvesting machines in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 47% share of global consumption. These countries were followed by Russia, Japan, Spain, Brazil, France, the UK, Italy, Germany and South Korea, which together accounted for a further 25%.

What are the largest producers of forage harvesters and other harvesting machines in the world?

China remains the largest forage harvesters and other harvesting machines producing country worldwide, comprising approx. 25% of total volume. Moreover, production of forage harvesters and other harvesting machines in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 9.5% share.

What are the leading importers of forage harvesters and other harvesting machines from Saudi Arabia?

In value terms, Kuwait remains the key foreign market for forage harvesters and other harvesting machines exports from Saudi Arabia.

What is the average export price for forage harvesters and other harvesting machines in Saudi Arabia?

In 2021, the average export price for forage harvesters and other harvesting machines amounted to $17,462 per unit, shrinking by -26.8% against the previous year.

This report provides an in-depth analysis of the market for forage harvesters and other harvesting machines in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28305945 - Forage harvesters (excluding self-propelled)
Prodcom 28305960 - Forage harvesters, self-propelled
Prodcom 28305970 - Harvesting machines (excluding combine harvester threshers, root or tuber harvesting machines, forage harvesters)

Country coverage:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023