Key Market Indicators
The Australian tractor market is expected to reach a total of $1.39 billion by 2026, increasing at a CAGR of 2.2% over the period 2021-2026. Since 1993, Australian demand has grown by 7.7% annually. In 2021, Australia was the 12th largest market, with the Netherlands overtaking the country at $1.14 billion. Canada, France, and Germany held the second, third, and fourth spots in the ranking. Australian tractor exports are predicted to reach $84.8 million by 2026, a growth of 2% CAGR from $74.5 million in 2021. Since 1993, Australian exports have been increasing by 10.1% annually. In 2021, Australia was the 31st largest exporter, with Romania overtaking the country at $74.5 million. Mexico, the Netherlands, and the United States held the second, third, and fourth spots in the ranking.
