Price for Tractors; (Other than Tractors of Heading No 8709) in Tunisia - 2022

Contents:

  1. Price for Tractors; (Other than Tractors of Heading No 8709) in Tunisia (CIF) - 2022
  2. Price for Tractors; (Other than Tractors of Heading No 8709) in Tunisia (FOB) - 2022
  3. Imports of Tractors; (Other than Tractors of Heading No 8709) in Tunisia
  4. Exports of Tractors; (Other than Tractors of Heading No 8709) in Tunisia

Price for Tractors; (Other than Tractors of Heading No 8709) in Tunisia (CIF) - 2022

The average import price for tractors; (other than tractors of heading no 8709)s stood at $21,541 per unit in 2022, jumping by 15% against the previous year. Overall, the import price, however, recorded a pronounced slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 37% against the previous year. As a result, import price reached the peak level of $33,467 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($61,679 per unit), while the price for China ($4,252 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.8%), while the prices for the other major suppliers experienced a decline.

Price for Tractors; (Other than Tractors of Heading No 8709) in Tunisia (FOB) - 2022

The average export price for tractors; (other than tractors of heading no 8709)s stood at $39,832 per unit in 2022, growing by 13% against the previous year. Overall, the export price recorded a strong expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 189%. The export price peaked at $47,408 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($197,946 per unit), while the average price for exports to Burkina Faso ($660 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+82.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tractors; (Other than Tractors of Heading No 8709) in Tunisia

In 2022, purchases abroad of tractors; (other than tractors of heading no 8709)s decreased by -19.8% to 2.9K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year. As a result, imports reached the peak of 3.6K units, and then fell sharply in the following year.

In value terms, imports of tractors; (other than tractors of heading no 8709)s declined to $62M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. As a result, imports reached the peak of $67M, and then contracted in the following year.

Import of Tractors; (Other than Tractors of Heading No 8709) in Tunisia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy16.914.524.720.56.6%
India9.25.211.29.71.8%
France1.08.49.17.091.3%
Spain1.14.32.06.278.0%
Turkey3.42.63.54.49.0%
China1.51.04.01.98.2%
Brazil1.00.60.81.617.0%
Others9.94.711.510.52.0%
Total44.041.466.861.711.9%

Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to Tunisia in 2022:

  1. Italy (874.0 units)
  2. India (686.0 units)
  3. China (446.0 units)
  4. Turkey (271.0 units)
  5. France (151.0 units)
  6. Spain (110.0 units)
  7. Brazil (67.0 units)

Exports of Tractors; (Other than Tractors of Heading No 8709) in Tunisia

In 2022, exports of tractors; (other than tractors of heading no 8709)s from Tunisia surged to 97 units, growing by 234% against the previous year's figure. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tractors; (other than tractors of heading no 8709)s skyrocketed to $3.9M in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 737% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Tractors; (Other than Tractors of Heading No 8709) in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Libya46.729.63631,521219.4%
United Arab Emirates16632.325098981.3%
Italy60.212.310041790.6%
Algeria15723.413439636.1%
Spain53.811.089.937591.0%
Egypt9.92.016.560.382.6%
France3.30.52.77.732.6%
Burkina Faso12.02.523.40.7-61.2%
Others1289.046.897.0-8.8%
Total6381231,0263,86482.3%

Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from Tunisia in 2022:

  1. Libya (53.0 units)
  2. United Arab Emirates (15.0 units)
  3. Spain (9.0 units)
  4. Italy (7.0 units)
  5. Egypt (6.0 units)
  6. Algeria (2.0 units)
  7. France (1.0 units)
  8. Burkina Faso (1.0 units)

Source: IndexBox Market Intelligence Platform

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