Middle East: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in the Middle East

The Middle Eastern agricultural harvester market stood at $X in 2023, increasing by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.

Agricultural Harvester Production in the Middle East

In value terms, agricultural harvester production amounted to $X in 2023 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.

Agricultural Harvester Exports

Exports in the Middle East

Agricultural harvester exports shrank significantly to X units in 2023, dropping by X% compared with the previous year's figure. Overall, exports saw a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports reached the peak of X units. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, agricultural harvester exports declined remarkably to $X in 2023. In general, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2022, and then shrank dramatically in the following year.

Exports by Country

Turkey prevails in exports structure, recording X units, which was approx. X% of total exports in 2023. The following exporters - Iran (X units) and Israel (X units) - each reached an X% share of total exports.

Exports from Turkey decreased at an average annual rate of X% from 2012 to 2023. At the same time, Israel (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2023. By contrast, Iran (X%) illustrated a downward trend over the same period. Israel (X p.p.) significantly strengthened its position in terms of the total exports, while Iran 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, Turkey ($X) remains the largest agricultural harvester supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with a X% share of total exports.

In Turkey, agricultural harvester exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Israel (X% per year) and Iran (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2023, with an increase of X% against the previous year. Overall, the export price showed resilient growth. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the export prices reached the peak figure in 2023 and is likely to see steady growth in the near future.

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

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

Agricultural Harvester Imports

Imports in the Middle East

In 2023, agricultural harvester imports in the Middle East stood at X units, rising by X% on the year before. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports reached the peak of X units. From 2014 to 2023, the growth of imports remained at a lower figure.

In value terms, agricultural harvester imports soared to $X in 2023. Overall, imports continue to indicate perceptible growth. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Turkey (X units) represented the main importer of agricultural harvesters, making up X% of total imports. It was distantly followed by Iraq (X units), Iran (X units) and the United Arab Emirates (X units), together constituting a X% share of total imports. Israel (X units), Jordan (X units) and Syrian Arab Republic (X units) took a minor share of total imports.

Imports into Turkey increased at an average annual rate of X% from 2012 to 2023. At the same time, the United Arab Emirates (X%) and Iraq (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2023. Jordan experienced a relatively flat trend pattern. By contrast, Israel (X%), Iran (X%) and Syrian Arab Republic (X%) illustrated a downward trend over the same period. Turkey (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total imports, while Israel, Syrian Arab Republic and Iran saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported agricultural harvesters in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Iran ($X), with a X% share of total imports. It was followed by Iraq, with a X% share.

In Turkey, agricultural harvester imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Iran (X% per year) and Iraq (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2023, surging by X% against the previous year. Import price indicated a slight expansion from 2012 to 2023: its price 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, agricultural harvester import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of import peaked in 2023 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Turkey ($X per unit), while Syrian Arab Republic ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform