EU: Pedestrian-Controlled Tractor Market 2024

Pedestrian-Controlled Tractor Market Size in the EU

The EU pedestrian-controlled tractor market dropped sharply to $X.3B in 2022, falling by X% against the previous year. In general, consumption saw a deep slump. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X.6B in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Pedestrian-Controlled Tractor Production in the EU

In value terms, pedestrian-controlled tractor production contracted rapidly to $X.8B in 2022 estimated in export price. Over the period under review, production showed a abrupt decline. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X.9B in 2012; however, from 2013 to 2022, production failed to regain momentum.

Pedestrian-Controlled Tractor Exports

Exports in the EU

For the fourth year in a row, the European Union recorded growth in overseas shipments of pedestrian-controlled tractors, which increased by X% to X units in 2022. In general, exports enjoyed a strong increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, pedestrian-controlled tractor exports soared to $X in 2022. Over the period under review, exports posted a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France represented the key exporting country with an export of about X units, which accounted for X% of total exports. Italy (X units) ranks second in terms of the total exports with a X% share, followed by Denmark (X%), Slovakia (X%) and Spain (X%). Sweden (X units), Hungary (X units), Romania (X units), Poland (X units), Lithuania (X units), the Netherlands (X units), the Czech Republic (X units) and Belgium (X units) followed a long way behind the leaders.

Exports from France increased at an average annual rate of X% from 2012 to 2022. At the same time, Romania (X%), Hungary (X%), Sweden (X%), Slovakia (X%), Lithuania (X%), Spain (X%), the Czech Republic (X%), the Netherlands (X%), Italy (X%) and Poland (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Denmark (X%) and Belgium (X%) illustrated a downward trend over the same period. While the share of France (X p.p.), Slovakia (X p.p.), Spain (X p.p.), Sweden (X p.p.), Romania (X p.p.), Hungary (X p.p.) and Lithuania (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Poland (X p.p.), Belgium (X p.p.), Italy (X p.p.) and Denmark (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest pedestrian-controlled tractor supplying countries in the European Union were Italy ($X), France ($X) and Belgium ($X), together comprising X% of total exports. Spain, Denmark, Sweden, Slovakia, the Netherlands, Poland, Lithuania, Romania, the Czech Republic and Hungary lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the export price recorded a perceptible contraction. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced mixed trends in the export price figures.

Pedestrian-Controlled Tractor Imports

Imports in the EU

In 2022, pedestrian-controlled tractor imports in the European Union soared to X units, growing by X% on 2021. Overall, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, pedestrian-controlled tractor imports rose notably to $X in 2022. Over the period under review, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

Romania was the major importing country with an import of about X units, which accounted for X% of total imports. Lithuania (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Poland (X%), Ireland (X%), Belgium (X%) and the Netherlands (X%). Denmark (X units), France (X units), Portugal (X units), Germany (X units), Spain (X units) and Bulgaria (X units) held a relatively small share of total imports.

Romania was also the fastest-growing in terms of the pedestrian-controlled tractors imports, with a CAGR of X% from 2012 to 2022. At the same time, Poland (X%), Ireland (X%), Lithuania (X%), Denmark (X%), Germany (X%), Portugal (X%), Belgium (X%), France (X%), Spain (X%) and Bulgaria (X%) displayed positive paces of growth. The Netherlands experienced a relatively flat trend pattern. Romania (X p.p.), Poland (X p.p.), Ireland (X p.p.) and Lithuania (X p.p.) significantly strengthened its position in terms of the total imports, while Germany, Portugal, Spain, Bulgaria, Denmark, France, Belgium and the Netherlands saw its share reduced by X%, X%, X%, X%, X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, the largest pedestrian-controlled tractor importing markets in the European Union were Romania ($X), Ireland ($X) and Poland ($X), with a combined X% share of total imports.

In terms of the main importing countries, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price continues to indicate a abrupt decline. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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