Turkey: Market for Agricultural And Forestry Tractors 2025

Market Size for Agricultural And Forestry Tractors in Turkey

In 2021, the Turkish agricultural and forestry tractor market increased by 18% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption continues to indicate a buoyant increase. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Agricultural And Forestry Tractors in Turkey

In value terms, agricultural and forestry tractor production totaled $X in 2021 estimated in export price. Over the period under review, production enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 54% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Exports of Agricultural And Forestry Tractors

Exports from Turkey

In 2021, agricultural and forestry tractor exports from Turkey expanded rapidly to X units, surging by 6.7% against the previous year's figure. In general, total exports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +4.1% 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 +58.6% against 2017 indices. The pace of growth was the most pronounced in 2018 with an increase of 32%. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, agricultural and forestry tractor exports soared to $X in 2021. Over the period under review, total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 33% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

The United States (X units), Italy (X units) and Sudan (X units) were the main destinations of agricultural and forestry tractor exports from Turkey, together accounting for 64% 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 Sudan (with a CAGR of +46.8%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Italy ($X) and Serbia ($X) constituted the largest markets for agricultural and forestry tractor exported from Turkey worldwide, with a combined 70% share of total exports. These countries were followed by South Africa, Australia, Morocco, Sudan, Poland, Mexico, Bulgaria and Iraq, which together accounted for a further 14%.

In terms of the main countries of destination, Sudan, with a CAGR of +35.5%, recorded the highest growth rate of 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 2021, the average agricultural and forestry tractor export price amounted to $X per unit, rising by 18% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 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 the United States ($X per unit), while the average price for exports to Sudan ($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 the United States (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Agricultural And Forestry Tractors

Imports into Turkey

In 2021, overseas purchases of agricultural and forestry tractors increased by 71% to X units, rising for the second consecutive year after three years of decline. Overall, imports enjoyed modest growth. Imports peaked at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, agricultural and forestry tractor imports surged to $X in 2021. Over the period under review, imports showed noticeable growth. The most prominent rate of growth was recorded in 2020 with an increase of 119% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

India (X units), Italy (X units) and China (X units) were the main suppliers of agricultural and forestry tractor imports to Turkey, together accounting for 66% of total imports. France, Japan, Germany, Poland, Mexico, the United States and South Korea lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +107.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest agricultural and forestry tractor suppliers to Turkey were France ($X), Italy ($X) and Germany ($X), with a combined 70% share of total imports. These countries were followed by India, Japan, China, Poland, the United States, Mexico and South Korea, which together accounted for a further 18%.

In terms of the main suppliers, Poland, with a CAGR of +74.4%, recorded the highest growth rate of 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 agricultural and forestry tractor import price amounted to $X per unit, growing by 18% against the previous year. Overall, import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, agricultural and forestry tractor import price increased by +98.3% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 68%. The import price peaked in 2021 and is likely to see gradual growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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