The global export of ploughs is dominated by Germany, securing a substantial share of 26.51% in 2023, followed by France with 14.58%. Among the leaders, China and India are notable with rapid growth at 2.48% and 2.3% respectively, while other countries like the United States and Sweden show a decline in their shares. Brazil and Tanzania also maintain significant positions in the developing market landscape.
Future trends indicate a shift towards technological innovation and increased efficiency, favoring countries with robust agricultural machinery industries such as Germany and France. Emerging markets like China and India are expected to grow with increasing mechanization in agriculture.
Top countries in Export of Ploughs Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26.51 | 2023 | +3.24% | +3.13% | View data |
| 2 | 2 France | 14.58 | 2023 | +1.36% | +0.73% | View data |
| 3 | 3 Norway | 11.92 | 2023 | -0.13% | -1.12% | View data |
| 4 | 4 Czech Republic | 6.22 | 2023 | +5.17% | +1.93% | View data |
| 5 | 5 United States | 4.36 | 2023 | -1.2% | -0.75% | View data |
| 6 | 6 Italy | 4.28 | 2023 | +2.56% | +1.73% | View data |
| 7 | 7 China | 4.02 | 2023 | +2.06% | +2.48% | View data |
| 8 | 8 Sweden | 3.42 | 2023 | -1.26% | -1.71% | View data |
| 9 | 9 Hungary | 3.06 | 2023 | +1.26% | -1.01% | View data |
| 10 | 10 India | 2.64 | 2023 | +3.42% | +2.3% | View data |
