In 2023, China dominated the global export market of parts for agricultural, forestry, and bee-keeping machines, accounting for 24.42% by kilograms, followed by Germany (13.18%) and the Netherlands (9.31%). Noticeable growth was observed in countries like Estonia (6.11%) and South Africa (7.11%), whereas Malaysia (-11.54%) and Hungary (-20.28%) experienced significant declines. Colombia showed remarkable growth at 60.83%. Over the last five years, the compound annual growth rate indicated a steady increase in exports from various regions, although some countries faced challenges affecting their shares.
Future trends to watch include the continuing growth in emerging markets like Colombia and potential recovery in markets such as Hungary and Malaysia. Technological advancements and sustainability initiatives are also expected to shape the competitive dynamics and demand patterns in this sector.
Top countries in Export of Parts Agricultural, Forestry, Bee-Keeping Machines Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 24.42 | 2023 | +3.19% | +3.74% | View data |
| 2 | 2 Germany | 13.18 | 2023 | +3.44% | +3.86% | View data |
| 3 | 3 Netherlands | 9.31 | 2023 | +0.86% | +2.79% | View data |
| 4 | 4 Slovakia | 6.62 | 2023 | +3.74% | +4.79% | View data |
| 5 | 5 Denmark | 5.39 | 2023 | +0.32% | +1.16% | View data |
| 6 | 6 United Kingdom | 4.28 | 2023 | +3.93% | +3.89% | View data |
| 7 | 7 Poland | 3.97 | 2023 | +3.22% | +3.19% | View data |
| 8 | 8 Estonia | 3.7 | 2023 | +4.61% | +6.11% | View data |
| 9 | 9 Italy | 3.57 | 2023 | +0.44% | +1.43% | View data |
| 10 | 10 Sweden | 2.95 | 2023 | +1.89% | +1.96% | View data |
