In 2023, Germany, France, and China were leading the global export of ploughs, with Germany showing a 3.69% growth year-on-year, followed by France at 0.65%, and China leading with a 3.7% increase. Russia, despite geopolitical tensions, demonstrated a significant 5.13% rise. In contrast, countries like Ukraine and Austria witnessed notable declines of -13.33% and -20.8%, respectively. Smaller players like Zimbabwe surprised with an 8.37% uptick, and Chile with an astounding 111.11% increase, albeit from a smaller base. Collectively, the data indicates Europe's substantial role in plough exports, with emerging shifts in regions like Africa and South America.
Future trends to watch for include China’s technological advancements potentially boosting its export volume. Observing the impacts of geopolitical tensions on European exports and Africa's emerging role, especially Zimbabwe, could reshape the market dynamics. With sustainability gaining traction, countries prioritizing eco-friendly agricultural equipment could gain market share.
Top countries in Export of Ploughs Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16.73 | 2023 | +3.14% | +3.69% | View data |
| 2 | 2 France | 14.1 | 2023 | +0.95% | +0.65% | View data |
| 3 | 3 China | 12.4 | 2023 | +3.72% | +3.7% | View data |
| 4 | 4 Norway | 9.25 | 2023 | -1.17% | -1.78% | View data |
| 5 | 5 Italy | 7.02 | 2023 | +2.8% | +2.91% | View data |
| 6 | 6 Czech Republic | 6.57 | 2023 | +4.97% | +2.65% | View data |
| 7 | 7 Poland | 3.86 | 2023 | +2.74% | -0.61% | View data |
| 8 | 8 Sweden | 2.61 | 2023 | -2.76% | -3.05% | View data |
| 9 | 9 India | 2.51 | 2023 | +2.87% | +1.85% | View data |
| 10 | 10 Russia | 2.38 | 2023 | +5.1% | +5.13% | View data |
