Eastern Europe: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in Eastern Europe

The East European agricultural harvester market skyrocketed to $X in 2023, jumping by X% against the previous year. The total consumption indicated a pronounced expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market attained the peak level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Agricultural Harvester Production in Eastern Europe

In value terms, agricultural harvester production totaled $X in 2023 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Agricultural Harvester Exports

Exports in Eastern Europe

Agricultural harvester exports soared to X units in 2023, with an increase of X% against the year before. Overall, exports, however, showed a abrupt decline. The volume of export peaked at X units in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, agricultural harvester exports surged to $X in 2023. Total exports indicated a slight expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, Belarus (X units) was the largest exporter of agricultural harvesters, creating X% of total exports. It was distantly followed by Poland (X units), constituting a X% share of total exports. The following exporters - Russia (X units), Hungary (X units), the Czech Republic (X units) and Bulgaria (X units) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to agricultural harvester exports from Belarus stood at X%. At the same time, the Czech Republic (X%), Poland (X%), Bulgaria (X%) and Hungary (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Russia (X%) illustrated a downward trend over the same period. Poland (X p.p.), Hungary (X p.p.), the Czech Republic (X p.p.) and Bulgaria (X p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest agricultural harvester supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a X% share of total exports. It was followed by Belarus, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Poland amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Bulgaria (X% per year) and Belarus (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2023, waning by X% against the previous year. In general, the export price, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2022 an increase of X%. As a result, the export price attained the peak level of $X per unit, and then dropped markedly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bulgaria ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced more modest paces of growth.

Agricultural Harvester Imports

Imports in Eastern Europe

Agricultural harvester imports surged to X units in 2023, with an increase of X% on 2022 figures. In general, imports, however, continue to indicate a deep contraction. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, agricultural harvester imports expanded markedly to $X in 2023. Total imports indicated a perceptible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2023 and are expected to retain growth in years to come.

Imports by Country

In 2023, Russia (X units) was the major importer of agricultural harvesters, comprising X% of total imports. Ukraine (X units) ranks second in terms of the total imports with a X% share, followed by Poland (X%), Romania (X%) and Bulgaria (X%). Slovakia (X units) and Hungary (X units) followed a long way behind the leaders.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2023. At the same time, Slovakia (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. Poland and Romania experienced a relatively flat trend pattern. By contrast, Bulgaria (X%) and Ukraine (X%) illustrated a downward trend over the same period. Poland (X p.p.), Ukraine (X p.p.), Romania (X p.p.), Slovakia (X p.p.), Hungary (X p.p.) and Bulgaria (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Russia ($X), Poland ($X) and Romania ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Bulgaria, Ukraine, Hungary and Slovakia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Hungary, with a CAGR of X%, 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

The import price in Eastern Europe stood at $X per unit in 2023, with a decrease of X% against the previous year. In general, the import price, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit, and then contracted rapidly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hungary ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform