The global export market for pedestrian-controlled tractors in 2023 shows China as the dominant exporter, with significant shares also held by Thailand and the United Kingdom. While China saw a modest increase, the UK experienced a notable growth, surpassing 8% year-on-year. Italy and the United States witnessed decreases, highlighting changing competitive dynamics. Emerging markets like Egypt and South Korea posted remarkable year-on-year growth at 50% and 56% respectively, likely reflecting the expansion of agricultural infrastructure. France and South Africa showed moderate growth, aligning with the global trend towards mechanized farming solutions.
Future trends to watch include the increasing adoption of automation and smart technologies in agriculture, potentially leading to further export growth from technologically advanced countries. Demand from developing economies, seeking to boost agricultural productivity, may continue to drive significant market shifts. Additionally, geopolitical factors and trade policies could impact the structure and trends of global exports in this sector.
Top countries in Export of Pedestrian Controlled Tractors Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 30.08 | 2023 | -0.02% | +0.22% | View data |
| 2 | 2 Thailand | 20.01 | 2023 | +0.36% | +0.83% | View data |
| 3 | 3 United Kingdom | 12.94 | 2023 | +4.71% | +8.06% | View data |
| 4 | 4 France | 5 | 2023 | +5.02% | +3.26% | View data |
| 5 | 5 Italy | 4.71 | 2023 | -4.43% | -3.5% | View data |
| 6 | 6 United States | 4.43 | 2023 | -2.78% | -5.34% | View data |
| 7 | 7 South Africa | 4.15 | 2023 | +5.2% | +3.38% | View data |
| 8 | 8 Switzerland | 2.92 | 2023 | +0.12% | -0.74% | View data |
| 9 | 9 Australia | 1.9 | 2023 | +5.18% | +5.83% | View data |
| 10 | 10 India | 1.58 | 2023 | +4.02% | +4.95% | View data |
