The top exporters of combine harvester-threshers in 2023 were Germany and the United States, commanding approximately 27.89% and 26.2% of the market share respectively. Germany saw a modest growth of 1.04%, whereas the US experienced a slight decline of 0.25%. Notable increases were also observed in emerging markets, including Thailand and China, which grew by 6.1% and 4.79% respectively. A remarkable surge was seen in smaller countries such as Chile and Bosnia and Herzegovina, with shares increasing significantly, reflecting dynamic shifts in the global market.
Future trends to watch:
- Emerging markets in Asia and South America are likely to play a significant role in increasing global exports as they continue to experience economic growth and industrialization.
- Technological advancements and increased automation in agriculture may drive demand for more modern and efficient combine harvesters, potentially shifting market shares.
- Sustainability trends and efforts to reduce emissions in the agricultural sector could influence equipment design and export demands.
Top countries in Export of Combine Harvester-Threshers Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.89 | 2023 | +1.59% | +1.04% | View data |
| 2 | 2 United States | 26.2 | 2023 | +0.62% | -0.25% | View data |
| 3 | 3 Belgium | 15.06 | 2023 | +1.71% | +1.35% | View data |
| 4 | 4 Thailand | 8.74 | 2023 | +5.08% | +6.1% | View data |
| 5 | 5 China | 5.84 | 2023 | +3.19% | +4.79% | View data |
| 6 | 6 Brazil | 3.55 | 2023 | +1.87% | +1.47% | View data |
| 7 | 7 Italy | 3.05 | 2023 | +1.32% | +0.31% | View data |
| 8 | 8 Poland | 2.75 | 2023 | -0.35% | -3.65% | View data |
| 9 | 9 Japan | 2.75 | 2023 | +3.18% | +2.98% | View data |
| 10 | 10 Bulgaria | 2.39 | 2023 | +4.15% | +4.84% | View data |
