Price for Tractors; (Other than Tractors of Heading No 8709) in the Netherlands - 2023
Contents:
- Price for Tractors; (Other than Tractors of Heading No 8709) in the Netherlands (FOB) - 2023
- Price for Tractors; (Other than Tractors of Heading No 8709) in the Netherlands (CIF) - 2022
- Exports of Tractors; (Other than Tractors of Heading No 8709) in the Netherlands
- Imports of Tractors; (Other than Tractors of Heading No 8709) in the Netherlands
Price for Tractors; (Other than Tractors of Heading No 8709) in the Netherlands (FOB) - 2023
The average export price for tractors; (other than tractors of heading no 8709)s stood at $15,027 per unit in November 2023, picking up by 12% against the previous month. Overall, the export price, however, saw a abrupt decrease. The pace of growth appeared the most rapid in September 2023 when the average export price increased by 51% month-to-month. The export price peaked at $44,248 per unit in December 2022; afterwards, it flattened through to November 2023.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Switzerland ($125K per unit), while the average price for exports to Senegal ($2,087 per unit) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tractors; (Other than Tractors of Heading No 8709) in the Netherlands (CIF) - 2022
The average import price for tractors; (other than tractors of heading no 8709)s stood at $16,350 per unit in 2022, with a decrease of -32% against the previous year. Over the period under review, the import price, however, continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2015 an increase of 43%. Over the period under review, average import prices reached the peak figure at $29,388 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($57,407 per unit), while the price for Japan ($4,217 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tractors; (Other than Tractors of Heading No 8709) in the Netherlands
In 2022, approx. 309K units of tractors; (other than tractors of heading no 8709)s were exported from the Netherlands; jumping by 83% on 2021 figures. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tractors; (other than tractors of heading no 8709)s totaled $6.9B in 2022. The total export value increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 30%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Tractors; (Other than Tractors of Heading No 8709) in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,081 | 790 | 887 | 1,175 | 2.8% |
Poland | 634 | 447 | 754 | 721 | 4.4% |
France | 551 | 420 | 470 | 684 | 7.5% |
United Kingdom | 642 | 406 | 364 | 618 | -1.3% |
Belgium | 394 | 262 | 401 | 534 | 10.7% |
Spain | 283 | 214 | 250 | 347 | 7.0% |
Italy | 209 | 153 | 205 | 309 | 13.9% |
Czech Republic | 180 | 122 | 185 | 195 | 2.7% |
Austria | 130 | 86.1 | 113 | 148 | 4.4% |
Ireland | 21.4 | 33.4 | 26.4 | 93.5 | 63.5% |
Romania | 64.3 | 60.3 | 62.8 | 72.3 | 4.0% |
Russia | 283 | 261 | 457 | 48.2 | -44.6% |
Portugal | 22.9 | 19.4 | 22.9 | 34.6 | 14.7% |
Others | 1,749 | 1,505 | 2,038 | 1,915 | 3.1% |
Total | 6,246 | 4,779 | 6,235 | 6,894 | 3.3% |
Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from the Netherlands in 2022:
- Germany (90.6K units)
- Belgium (36.6K units)
- France (34.8K units)
- Spain (15.3K units)
- Poland (14.4K units)
- United Kingdom (13.9K units)
- Czech Republic (10.8K units)
- Italy (6.5K units)
- Romania (5.9K units)
- Portugal (5.6K units)
- Ireland (5.2K units)
- Austria (4.4K units)
- Russia (0.6K units)
Imports of Tractors; (Other than Tractors of Heading No 8709) in the Netherlands
In 2022, the amount of tractors; (other than tractors of heading no 8709)s imported into the Netherlands soared to 89K units, jumping by 76% against the year before. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tractors; (other than tractors of heading no 8709)s soared to $1.5B in 2022. The total import value increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Tractors; (Other than Tractors of Heading No 8709) in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 347 | 263 | 321 | 308 | -3.9% |
Belgium | 272 | 239 | 291 | 258 | -1.7% |
France | 108 | 108 | 160 | 203 | 23.4% |
United States | 64.2 | 103 | 96.3 | 112 | 20.4% |
Poland | 50.6 | 24.1 | 56.1 | 84.1 | 18.5% |
Sweden | 22.0 | 38.5 | 51.6 | 80.7 | 54.2% |
Japan | 8.8 | 10.0 | 21.0 | 72.8 | 102.2% |
United Kingdom | 112 | 73.3 | 25.3 | 64.3 | -16.9% |
Italy | 24.6 | 25.4 | 31.7 | 43.4 | 20.8% |
Denmark | 11.9 | 8.0 | 20.2 | 35.9 | 44.5% |
India | 17.9 | 13.5 | 16.1 | 25.9 | 13.1% |
South Korea | 8.0 | 10.2 | 14.2 | 19.6 | 34.8% |
China | 4.9 | 13.6 | 14.9 | 4.9 | 0.0% |
Others | 85.2 | 93.5 | 97.3 | 147 | 19.9% |
Total | 1,137 | 1,023 | 1,217 | 1,460 | 8.7% |
Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to the Netherlands in 2022:
- Japan (17.3K units)
- United States (13.2K units)
- Belgium (12.0K units)
- France (11.5K units)
- Germany (8.8K units)
- Poland (4.0K units)
- United Kingdom (3.0K units)
- Italy (2.7K units)
- India (2.3K units)
- South Korea (1.7K units)
- Denmark (1.5K units)
- Sweden (1.4K units)
- China (0.7K units)
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In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
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