Key Market Indicators
Maltese demand for tractors is expected to reach $410,060 by 2026. This marks a drop of 9.5% a year on average since 2021. In comparison, since 1999, there has been an 8% annual decrease. Malta was ranked 131st in 2021, with Saint Lucia at number 1 with $724,230. Canada, France and Germany followed, taking the 2nd, 3rd and 4th places respectively. Malta's export of tractors saw a 33.5% drop from 2020 to 2021, down from $5,580 to $3,710. This marks a 21.2% decrease year on year since 1999. Mauritius took first place in 2021 with $3,710, while Malta was in 121st position. Mexico, the Netherlands and the United States were the top 3, in that order.