Global Tractor Trends in 2022
Tractor is part of Agricultural Machinery. You may also be interested in Agricultural Equipment, Haying Machinery and Harvesting Machinery.
Demand for tractors is projected to reach $60 billion by 2026, up from $57 billion in 2021, representing a CAGR of 1.1%. This is an increase of 6.1% from 2017. The United States was the top importer of tractors in 2021 at $13 billion, followed by Canada, France, and Germany. Kyrgyzstan experienced the greatest growth at 39.2%, while Burundi saw the greatest decrease at 57.3% since 2017. Supply of tractors is set to reach $57 billion by 2026, up from $56 billion in 2021, at an average rate of 0.4% each year. This is an increase of 4.9% since 2016. Germany was the top exporter of tractors in 2021 at nearly $10 billion, followed by Mexico, the Netherlands, and the United States. Madagascar saw the highest growth at 50.9%, while Brunei had the biggest decrease of 68.4% since 2016.
Top 10 countries
In 2022 major markets in the Tractor Industry were:
Tractor Market Data and Forecasts
How much the Tractor industry is expected to grow to 2026?
More in Tractor Industry for 2028Global Tractor Statistics
- Tractor Import 191 countries (Africa, Sub-Saharan Africa, Asia...)
- Tractor Export 177 countries (Asia, Africa, Sub-Saharan Africa...)
- Tractor Sales 23 countries (Europe, Northern Europe, Southern Europe...)
- Tractor Production 24 countries (Europe, Northern Europe, Southern Europe...)
Global Tractor Industry Database
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