Spain: Market for Forage Harvesters and Other Harvesting Machines 2025

Market Size for Forage Harvesters and Other Harvesting Machines in Spain

In 2021, the Spanish market for forage harvesters and other harvesting machines decreased by -21.8% to $X, falling for the second year in a row after six years of growth. Over the period under review, the total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -24.9% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Production of Forage Harvesters and Other Harvesting Machines in Spain

In value terms, production of forage harvesters and other harvesting machines dropped modestly to $X in 2021 estimated in export price. In general, production, however, enjoyed buoyant growth. The growth pace was the most rapid in 2018 when the production volume increased by 25% against the previous year. Production of peaked at $X in 2020, and then dropped slightly in the following year.

Exports of Forage Harvesters and Other Harvesting Machines

Exports from Spain

In 2021, the amount of forage harvesters and other harvesting machines exported from Spain skyrocketed to X units, picking up by 26% compared with the previous year. In general, total exports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +9.8% 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 +56.0% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 93% against the previous year. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, exports of forage harvesters and other harvesting machines surged to $X in 2021. Overall, exports showed a remarkable increase. The pace of growth was the most pronounced in 2013 when exports increased by 137%. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Morocco (X units), the UK (X units) and France (X units) were the main destinations of exports of forage harvesters and other harvesting machines from Spain, together comprising 42% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +60.1%), 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 Spain were the UK ($X), Portugal ($X) and Italy ($X), with a combined 47% share of total exports. These countries were followed by France, the United States, Australia, New Zealand, Chile, Ukraine, Morocco, the Dominican Republic and Gambia, which together accounted for a further 37%.

Among the main countries of destination, Gambia, with a CAGR of +126.8%, 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

The average export price for forage harvesters and other harvesting machines stood at $X per unit in 2021, approximately mirroring the previous year. Over the last nine-year period, it increased at an average annual rate of +4.5%. The pace of growth was the most pronounced in 2014 when the average export price increased by 27% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Portugal ($X per unit), while the average price for exports to Gambia ($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 Gambia (+52.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Forage Harvesters and Other Harvesting Machines

Imports into Spain

Imports of forage harvesters and other harvesting machines into Spain reduced to X units in 2021, dropping by -9.1% against the year before. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 50%. Over the period under review, imports of reached the peak figure at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, imports of forage harvesters and other harvesting machines expanded markedly to $X in 2021. Overall, total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -4.8% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of 69%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

France (X units), Germany (X units) and Italy (X units) were the main suppliers of imports of forage harvesters and other harvesting machines to Spain, together comprising 75% of total imports. China, the Netherlands, Portugal and the UK lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +36.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the largest forage harvesters and other harvesting machines suppliers to Spain, with a combined 83% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +59.9%, 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

The average import price for forage harvesters and other harvesting machines stood at $X per unit in 2021, growing by 18% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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