U.S.: Seeder And Planter Market 2024

Seeder And Planter Market Size in the U.S.

The U.S. seeder and planter market was estimated at less than $X in 2021, therefore, remained relatively stable against the previous year. In general, consumption continues to indicate buoyant growth. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Seeder And Planter Production in the U.S.

In value terms, seeder and planter production totaled less than $X in 2021. Over the period under review, production, however, recorded a pronounced slump. The growth pace was the most rapid in 2015 with an increase of 11% against the previous year. Seeder and planter production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Seeder And Planter Exports

Exports from the U.S.

In 2016, shipments abroad of seeders, planters, transplanters decreased by -27.5% to X units, falling for the third consecutive year after two years of growth. Overall, exports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2013 with an increase of 7.5% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2016, the growth of the exports failed to regain momentum.

In value terms, seeder and planter exports dropped to $X in 2016. In general, exports faced a abrupt curtailment. The growth pace was the most rapid in 2013 when exports increased by 7.5%. As a result, the exports attained the peak of $X. From 2014 to 2016, the growth of the exports failed to regain momentum.

Exports by Country

Canada (X units) was the main destination for seeder and planter exports from the United States, accounting for a 63% share of total exports. Moreover, seeder and planter exports to Canada exceeded the volume sent to the second major destination, Ukraine (X units), ninefold. Mexico (X units) ranked third in terms of total exports with a 5.9% share.

From 2012 to 2016, the average annual growth rate of volume to Canada totaled -16.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-38.1% per year) and Mexico (-8.9% per year).

In value terms, Canada ($X) remains the key foreign market for seeders, planters, transplanters exports from the United States, comprising 51% of total exports. The second position in the ranking was held by Ukraine ($X), with a 10% share of total exports. It was followed by Australia, with an 8% share.

From 2012 to 2016, the average annual rate of growth in terms of value to Canada amounted to -13.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-25.7% per year) and Australia (-16.7% per year).

Export Prices by Country

In 2016, the average seeder and planter export price amounted to $X per unit, picking up by 30% against the previous year. Over the last four-year period, it increased at an average annual rate of +9.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($X per unit), while the average price for exports to Mexico ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Seeder And Planter Imports

Imports into the U.S.

In 2016, overseas purchases of seeders, planters, transplanters decreased by -16.2% to X units, falling for the third year in a row after two years of growth. Overall, imports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by 7.6% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2016, the growth of imports failed to regain momentum.

In value terms, seeder and planter imports reduced notably to $X in 2016. Over the period under review, imports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2013 when imports increased by 7.6%. As a result, imports reached the peak of $X. From 2014 to 2016, the growth of imports remained at a lower figure.

Imports by Country

In 2016, Canada (X units) constituted the largest seeder and planter supplier to the United States, with a 70% share of total imports. Moreover, seeder and planter imports from Canada exceeded the figures recorded by the second-largest supplier, Italy (X units), eightfold. Germany (X units) ranked third in terms of total imports with a 5.4% share.

From 2012 to 2016, the average annual growth rate of volume from Canada amounted to -33.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+34.6% per year) and Germany (+3.7% per year).

In value terms, Canada ($X) constituted the largest supplier of seeders, planters, transplanters to the United States, comprising 70% of total imports. The second position in the ranking was taken by Italy ($X), with an 8.7% share of total imports. It was followed by Germany, with a 5.4% share.

From 2012 to 2016, the average annual rate of growth in terms of value from Canada amounted to -34.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+32.9% per year) and Germany (+2.4% per year).

Import Prices by Country

The average seeder and planter import price stood at $X per unit in 2016, which is down by -9.2% against the previous year. Overall, the import price saw a mild downturn. The most prominent rate of growth was recorded in 2014 an increase of 5.8%. As a result, import price attained the peak level of $X per unit. From 2015 to 2016, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2016, amid the top importers, the countries with the highest prices were Hungary ($X per unit) and China ($X per unit), while the price for Canada ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Germany (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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