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Agriculture Machinery Manufacturing Industry Sales Statistics

Keeping the increasing demand of agriculture machinery in view, the sales statistics are increasing as presumed and needless to say is that to fulfill these demands, the manufacturing industry had to boost its production, and we all can see that the market is witnessing larger demands hence the manufacturers have much busier days ahead of themselves which could make them more reputable and wealthy or it could also come with some negative effects, if the case is not handled by them expertly. Manufacturing industry leaders like Deere & Co.(united states), Kubota Corp.(Japan), CNH Industrial NV(Netherlands /united kingdom), AGCO(united states) and Claas(Germany) have acquired a magnificent amount of 78 million dollars in the year 2021 alone while the agriculture machinery requirements are seeing a hike, these big distinguished leaders in the agriculture machinery have seen a decline in their revenue because of the presence of massive competitors like Changzhou Dongfeng Agricultural Machinery Group Co., Ltd., Lovol Heavy Industry Co., Ltd., Changfa Agricultural Equipment Co., Ltd, YTO Group Corporation, SDF Group, Shandong Changlin Group and… We do not know how many new competitors are planning to emerge in order to appear as candidates for leading this promising industry. Henceforth, it is essential to note that this industry has a brighter future than anyone might think by the virtue of the position it holds in our everyday life and more importantly the effect it has on our lives in the interest of which a moral responsibility is brough for everyone in this industry which we discussed in our previous article. Agricultural Machinery Market

Agricultural Machinery Market

Having said that the market for the agricultural machinery is witnessing a boost because of the increasing demand and the importance of agriculture being realized day after day which resulted in many new manufacturers to emerge causing a decline in the revenue of various popular companies which eventually proves the growth of this market. Another aspect to this discussion is the different zones that have started to understand that it is important to be equipped with the advanced equipment and technologies for their agricultural industry to flourish. African countries like Ghana, South Africa, Nigeria and Tanzania have considered a big amount of their budget for their agricultural sector to support its modernization resulting in these countries to be the most favorable destinations for agriculture machinery and more importantly a powerful target considering their immense potentials as a market. There are also a number of countries which allow us to think about them because they may become a target market for the world taking their conceivable chance of having a huge capacity for the agricultural machinery market. Moving on with an interesting fact that might surprise you, let us begin with a question, who was importing the agricultural machinery before these countries realizing that they need to modernize their agriculture? Was the market down? Has the agricultural machinery industry become a profitable industry lately? Agricultural Machinery Industry Statistics The answer is NO! The agricultural industry is one of the earliest, most popular industries we know up to date so the question of how this market was standing strong in the years in which other countries didn't have a high demand can be looked at from two different angles:

  • The industry wasn't much advanced in the past years so different countries throughout the world could handle their requirements and didn't need to thin about the importation of equipment to run their agricultural cycle.
  • There are always some countries who are constantly seeking evolution and modern technologies for enabling themselves to develop on higher scales which clearly shows that the market keeps breathing because countries who manufacture first, develop first and then expand this development.

On that account, we would like to mention a few countries that have been the primary importers for agricultural equipment, the first countries to appear for doing so are United States, Germany, Russia, Canada and France. Now, that would be quite shocking if you mistake the market analysis with development factors.

Agricultural Machinery Industry Statistics

We have already spoken about the manufacturing industry statistics of agricultural machinery, but at the moment we want to analyze the whole industry with a wider sight. There's a unique element that can't be overlooked when in this industry is that its raw materials are often imported by manufacturing companies which causes the rates to fluctuate a bit more repeatedly than other industries. So, let's get on with the numbers, the global agricultural machinery industry value is around 28 billion euros with the European Union being the top contributor by having 28 percent of the global share to its name. The top contenders from the European Union according to the VDMA are Germany (27 percent), Italy (17 percent) and France (14 percent). The European Union has covered a whooping amount of 187000 pieces of tractors valuing 9.4 billion euros, the main tractor manufacturing point outside the European Union is Minsk Tractor Works in Belarus which has a high influence on the neighboring markets specially commonwealth nations. Agricultural Equipment Industry Outlook The leading European countries in manufacturing tractors are Germany and Italy, Germany is also the main force for producing harvesting equipment, sprayers, fertility and planting tools. Over one third of the items manufactured in the European Union are exported to outside the Union, mostly to western Europe and northern America, it is worth to note that the European Union is also entering the Asian market progressively.

Agricultural Equipment Industry Outlook

To sum the article up under this heading because it is directly associated with the previous topics argued, what we have seen as an outlook for agricultural equipment industry that it is one of the most remarkable industries in the world with a huge appeal, the world has claimed to be a cruel place and agriculture is making this cruelty fade away in many forms. What we want to express as an outlook for this industry is not some numbers that are simply a few clicks away however we want to bring this notion to your mind that this commercial enterprise encourages many people to live better lives, have a broader sight along with a peaceful mind and promoting a method that boosts these fundamental principles is a meaningful responsibility we bear towards this universe, so we felt a need to bring this vital subject to your notice and we will continue to do so no matter whether it is through our articles or the way we trade.

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Comments (26 Comments)

Fariba

Agricultural machines are one of the quality machines that are used a lot today

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Mohammad

Hello my friends This product is widely used in the industry and also has good resistance

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Zahedi

These machines are very heavy
But working with them today has made agriculture easier and the industry of these machines is very profitable

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Safari

Agricultural lands are very suitable for Goolpikar tractors to plow and harvest the land and plant crops.

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Safari

Groups, consisting of company representatives, collect statistics on a monthly basis and gather once a year for their annual projected to grow at CAGR from The global industry

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Mojtaba

Agricultural implements are produced with many tests and good quality

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Mosavi

Agricultural machinery increases productivity, cost-effectiveness, and speed of operations

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ya Roghayeeh

This type of agricultural machinery is very heavy and is widely used in fields and gardens

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Milad

Today, with the advancement of technology and technology, experts in the field of producing agricultural machinery have developed extremely advanced, which makes agricultural work easier and the speed of work increases.

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Mina

Today, with the advancement of technology and technology, experts in the field of producing agricultural machinery have developed extremely advanced, which makes agricultural work easier and the speed of work increases.

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Sohila

By moving away from agriculture in the traditional way, the production of agricultural machinery becomes more updated every day

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zahra

Today, due to the advancement of agricultural equipment and machinery, more people have turned to agriculture

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Farabi

Mechanized agriculture can be achieved by moving away from traditional agriculture, and consequently, it is necessary to provide and equip the field of agriculture and horticulture with relevant tools and devices, otherwise, in the absence of advanced tools and devices for the mechanization of agriculture, it is possible It will be impossible to realize this important principle

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Safari

Product Groups, consisting of company representatives, collect statistics on a monthly basis and gather once a year for their supply chains were disrupted and manufacturing industries were shut down following government measures

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Sajad

Hello good day.By moving away from agriculture in the traditional way, the production of agricultural machinery becomes more updated every day

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Safari

Advances in tractor technology and the integration of GPS are two major factors that have made Machinery Manufacturing in Canada - Industry Market Research Report Tractors & Agricultural Machinery Manufacturing

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Sara sareie

With the growth of the population and the need for food, the agricultural industry expands and its tools must be produced

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Saba

Agricultural machines are very good machines and they play an important role in agriculture

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Hossein inanloo

Hello, I bought this product. It's great. I can't recommend it. It's a good price. I'm satisfied. It's a good device

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Zeinab

We have already spoken about the manufacturing industry statistics of agricultural machinery, but at the moment we want to analyze the whole industry with a wider sight.

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REZA NAGHDLLO

These agricultural products are really great and make farming easier with their features

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Samaneh Torabi

Agricultural machinery has made human work much easier and you can farm easily with them

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Sima azizy

Today, the sale of agricultural machinery and equipment has expanded and people don't bother themselves like before and choose the most convenient ones.

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Mojtaba

The agricultural machinery industry is very profitable

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Sahand

For detailed information on the price and how to sell this product, you can contact the experts in this collection

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Bagher

I never tire of reading your posts and am always looking for more

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