The Philippines Tractor Industry Outlook 2022 - 2026

See how the Philippines Tractor performed compared to key markets such as the United States, Canada and France.

Key Market Indicators

Filipina tractor imports are set to reach almost $293 million by 2026, growing 3.5% year-on-year. Since 2001, demand has risen by 3.7% annually. In 2021, Filipina ranked 37th, with Denmark coming out ahead at $235 million. Canada, France and Germany ranked second, third and fourth respectively. In 2018, Filipina tractor exports were nearly $25 million, a dramatic decrease of 83.5% from 2017's figure of $150 million. Since 2001, supply has dropped 34% year-on-year. In 2018, Filipina was 117th, with Malta coming out ahead at $25 million. Mexico, the Netherlands and the United States ranked second, third and fourth respectively.

Philippines Tractor Market Data and Forecasts

Philippines Tractor : how will it grow in the coming years?

Forecast: Import of Tractors to Philippines
Forecast: Gross Domestic Capital Formation in Agricultural Machinery in Philippines

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