Forecast: Import of Tractors to India

2013: Year-on-Year: 42.93%, CAGR: 48.84%
2014: Year-on-Year: 28.11%, CAGR: 39.22%
2015: Year-on-Year: 4.4%, CAGR: 39.5%
2016: Year-on-Year: -25.69%, CAGR: 8.72%
2017: Year-on-Year: 48.74%, CAGR: 16.14%
2018: Year-on-Year: 42.08%, CAGR: 16%
2019: Year-on-Year: -3.1%, CAGR: 9.7%
2020: Year-on-Year: 5.99%, CAGR: 10.03%
2021: Year-on-Year: 5.54%, CAGR: 18.03%
2022: Year-on-Year: 5.14%, CAGR: 10.12%
2023: Year-on-Year: 4.79%, CAGR: 3.62%
2028: Forecast 5-Year CAGR: 3.07%, Forecast Growth Rate: 16.32%

Future trends to watch include technological advancements in agricultural machinery, government policies supporting mechanization, and the economic growth rate impacting import demand. This data reflects a consistent upward trend in import values with moderate growth over the next five years.

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