ECONOMIC REPORT 2017
CONTENTS
► OVERVIEW OF THE AGRICULTURAL MACHINERY SECTOR 01 P. 6
► DETAILED RESULTS FOR AGRICULTURAL MACHINERY 02 P. 14
18 20 22 24 26 28
30 32 34 38 40 42
► AGRICULTURAL MACHINERY OUTLOOK 03 P. 44
► APPENDICES 04 P. 58
► INDEX 05 P. 62 ►DID YOU KNOW? AGRICULTURAL THE AGRICULTURAL EVOLUTION MACHINERY SECTOR OF THE FRENCH IN FRANCE IN FRANCE MARKET
€4.6 bn €70 bn +5% in 2018 FRENCH PRODUCTION FRENCH PRODUCTION PRODUCTION OUTLOOK OF rd st AGRICULTURAL MACHINERY (€4.9 Bn) 3 PRODUCER 1 COUNTRY IN EUROPE IN EUROPE BEHIND IN PRODUCTION OF EVOLUTION OF FRENCH GERMANY AND ITALY LIVESTOCK AND CROPS FARMS BETWEEN 1990 AND 2015: 4% OF THE FRANCE: 17% TURN- GLOBAL PRODUCTION OF THE AGRICULTURAL PRODUCTION OVER X 2.3 SUB- IN EUROPE SIDIES 31% OF THE X 9 FRENCH PRODUCTION LIVESTOCK PRODUCTION (2017): IS TRACTORS €9.3 bn COSTS X 2 OF MILK PRODUCTION €5.1 bn €1.2 bn COSTS IN FUEL FRENCH MARKET OF EGG PRODUCTION €11.9 bn & LUBRICANTS: X 3 €3.5 bn OF BEEF PRODUCTION COST OF FEED FOR CATTLE: X 2.5 OF IMPORTS THE SURFACE AREA OF CEREALS (2016): 33% OF FRENCH COSTS IN WORK BY €3.3 bn AGRICULTURAL LAND THIRD-PARTIES: X 2.2 OF EXPORTS €9.7 bn PRICE OF EQUIPMENT: X 1.5 Exports €-252 m Imports (-718 in 2016) CEREAL PRODUCTION CHANGE IN FRENCH TRADE BALANCE 296,800 FARMS FOR AGRICULTURE IN FRANCE YIELDS JOBS & COMPANIES 2 TIMES LESS THAN IN 1990 1 FARM / 2 WITH LIVESTOCK 385 COMPANIES +43% +36% +18% 17,000 JOBS OF THE INVESTMENTS IN 2015: DEALERS 5.3% 3,548 COMPANIES No. 1: GENERAL CROPS FARM AREA IS COVERED No. 2: MIXED CATTLE 40,000 JOBS BY ORGANIC FARMING No. 3: PIGS STAKEHOLDERS IN THE AGRICULTURAL MACHINERY SECTOR
71% Production exported 385 companies (2015) (2017) rd 3 EU producing country (Turnover) th 8 country in number of companies (Europe) €3.1 bn* Exports to 159 countries (2017)
FRENCH PRODUCTION €4.6 bn (2017) €3.5 bn Imports from 69 countries (2017)
DEALER DEALER
Specialists in Specialists in agricultural garden machinery €18 bn of turnover machinery €5.1 bn (new equipment)
Gardeners Companies in CUMA** Contractors Farmers landscaping 16.5 million 13,500 companies 296,800 34,500 companies farms
* excluding second-hand equipment ** shared equipment cooperatives 01 ►
OVERVIEW OF THE AGRICULTURAL MACHINERY SECTOR ►INTERNATIONAL TRADE IN AGRICULTURAL MACHINERY IN 2017
IMPORTS EXPORTS
0.5% 0.1%
3.6% 4.3% 18.8% EUROPE 12.9%
ASIA
AMERICA 19.5% 61.1% 54.1% 25.1% € Bn 55 OCEANIA € Bn 48 Source: Douanes-IHS Maritime & Trade, AXEMA & Trade, Douanes-IHS Maritime Source: AFRICA
►INTERNATIONAL EXPORTS OF AGRICULTURAL MACHINERY PER CATEGORY IN 2017
1.0% 0.5%
3.1% 3.2% 3.7% 3.9% Tractors Spraying and protection equipment
3.9% 28.7% Green space equipment Storage, drying, and preservation 4.3% Harvesting equipment Breeding equipment 7.1% Soil working equipment Dairy equipment
Haymaking equipment Transport equipment 21.1% 19.6% Sowing and plantation equipment Vine harvesting equipment Source: Douanes-IHS Maritime & Trade, AXEMA & Trade, Douanes-IHS Maritime Source:
►PROFILE OF AXEMA MEMBER COMPANIES
30.3% 230 69.7%
Source: AXEMA Source: members IMPORTERS MANUFACTURERS Profile of AXEMA members Profile 1.1 ► VARIATION IN INDUSTRIAL PRODUCTION
Three major crises affected the Agricultural is specific to the agricultural sector and is specifically Machinery sector since the early 1990s. Indices of related to the crisis in price and volume of cereal industrial production in France, base 100 in 2010, show production, since the industry as a whole has been doing three very important falls: -24% in 1993-1994, -28% in well since 2015. 2009-2010 and -24% in 2016. In 2017, all industrial sectors were seen to be recovering Compared to the two previous crises, the fall in (+ 2.7%), with the Agricultural Machinery sector posting production volumes of agricultural machinery in 2016 better performance in the year: +5.4%.
2017 VARIATION IN INDUSTRIAL PRODUCTION IN FRANCE
1 9 9 0 2 0 0 0 2 0 1 0 210 205 200 195 190 185 180 175 170 165 160 155 150 145 140 135 130 125 120 115 110 105 100 95 90 85 80 75 70 2011 1991 2017 1997 2014 2012 2013 1994 1993 1992 2015 2016 1995 1996 1999 2010 2001 1998 1990 2007 2004 2003 2002 2005 2009 2006 2008 2000
Agricultural machinery Machinery and Equipment Manufacturing
Index: 2010 = base 100 for volumes produced (adjusted for seasonal and working day variations) - Source: INSEE
8 Economic report 2017 - AXEMA 1.2 ► VARIATION IN TURNOVER
Recovery of the Agricultural Machinery sector Turnover returned to the 2014 average, at a level of 134 resulted in an increase in the turnover index of 10.1% (base 100 in 2010), with the last quarter of 2017 posting in 2017 and has ended three consecutive years of fall in a level of 142. French production (designed for domestic and foreign It should also be noted that the deviations in variation markets). recorded in 2016 is the largest since 1990.
2017 VARIATION IN TURNOVER IN FRANCE
1 9 9 0 2 0 0 0 2 0 1 0 200
180
160
140
120
100
80
60
40
20
0 2011 1991 2017 1997 2014 2012 2013 1994 1993 1992 2015 2016 1995 1999 1996 2010 1998 2001 1990 2007 2004 2002 2003 2005 2009 2006 2008 2000
SA-WDA index Raw index
Indexes for turnover generated from the manufacturing of agricultural machinery (2010 = base 100) for turnover from the domestic market and exports - Source: INSEE
Economic report 2017 - AXEMA 9 1.3 ► STRUCTURE OF THE AGRICULTURAL MACHINERY EQUIPMENT SECTOR IN THE EUROPEAN UNION
In Europe, the agricultural machinery manufacturing It should be noted that Poland now has more sector comprises over 7,100 industrial firms, employees than France (17,698 compared to 16,924) employing 180,000 people. for an equivalent number of industrial operators but With a total turnover of €42.2 bn, France is the total turnover lower than 70%. 3rd largest producer of agricultural machinery with The agricultural machinery sector in the industrial €4.9 bn in turnover, far behind Germany (€11.5 bn) country of the Czech Republic is also growing, with and Italy (€8.4 bn) 8,305 employees in 2016.
2016 STRUCTURE OF THE AGRICULTURAL MACHINERY INDUSTRY IN THE EUROPEAN UNION
Turnover (€ m) Number of companies Number of employees
Germany 11,467.7 588 40,205 Italy 8,351.5 1,791 31,925 France* 4,950.1 540 16,924
United Kingdom 2,670.0 483 7,633 Netherlands 2,367.2 307 7,505 Austria 2,039.6 121 6,154 Belgium 2,024.3 225 5,438 Poland 1,474.9 562 17,698 Spain 1,417.8 694 8,598 Sweden 1,316.7 208 3,636 Finland 1,178.0 139 4,180 Czech Republic 774.9 261 8,305 Denmark 605.3 156 4,200 Hungary 429 145 5,056 Slovakia 208.8 46 1,347 Ireland ** 182.9 79 1,144 Slovenia 161.6 56 1,316 Greece 122.0 412 1,174 Portugal 113.2 142 1,672 Croatia 104.0 59 1,077 Romania 102.3 60 2,225 Estonia 80.5 28 625 Lithuania 36.2 10 490 Latvia 28.1 22 512 Bulgaria 25.8 54 1,049 Cyprus 10.2 8 70 Luxembourg 0 0 0 Malta 0.0 0 0 European Union (28 countries) 42,243 7,196 180,158
* France: INSEE, 2015 - ** Ireland: 2014 data - Source: Eurostat
10 Economic report 2017 - AXEMA France continues to be the European leader in The agricultural machinery industry and trade agricultural machinery trade with €18.1 bn (sales sectors in Europe have more than 30,000 firms of new and second-hand equipment and services). and 350,000 employees. It is followed by Germany with €15.2 bn and the United Kingdom close to €9 bn.
2015 STRUCTURE OF THE AGRICULTURAL MACHINERY TRADE IN THE EUROPEAN UNION
Turnover (€ m) Number of companies Number of employees France 18,092.4 3,548 40,059 Germany 15,215.8 2,230 34,684 United Kingdom 8,885.0 1,648 19,455
Italy 4,338.0 2,801 8,341 Spain 3,474.5 2,053 11,791 Poland 2,816.9 2,130 8,794 Denmark 2,316.7 515 6,155 Sweden 2,056.4 672 3,955 Austria 1,816.2 502 4,083 Belgium 1,708.2 649 2,557 Finland 1,265.4 344 1,917 Ireland 1,238.4 490 2,625 Bulgaria 721.2 411 2,410 Hungary 680.1 368 2,659 Lithuania 631.4 273 3,331 Portugal 615.0 697 3,285 Romania 411.5 536 3,056 Greece 399.7 887 1,356 Slovakia 362.7 180 1,188 Latvia 335.6 206 1,527 Estonia 185.8 106 597 Luxembourg 123.3 44 350 Slovenia 111.9 110 348 Croatia 96.9 106 504 Cyprus 14.8 51 182 Malta* 10.6 14 59 Netherlands - 1,381 7,627 Czech Republic - - - European Union (28 countries) 67,924 22,952 172,895
* Netherlands (Turnover: NA) - ** Malta (2010 data) - *** Czech Republic (NA) - Source: Eurostat
Economic report 2017 - AXEMA 11 1.4 ► PROFILE OF FRENCH AGRICULTURAL MACHINERY COMPANIES
2/3 of AXEMA members are manufacturers and In terms of French factories, intermediate-sized firms 1/3 are importers. generate 50% of total turnover, while in Germany, such Overall, 86% are SMEs (Small and Medium Enterprises) firms represent 82% of total production in value. and 14% have a turnover of over €50 million. The 50-employee threshold represents a real obstacle to The French industrial sector (excluding commerce) lacks the development of companies in France. This threshold large companies. Over twice as many firms with over hinders the competitiveness of the industry as a whole. 50 employees are operating in Germany, compared to France.
2017 BREAKDOWN OF INDUSTRIAL OPERATORS BY COMPANY SIZE AND TYPE IN FRANCE
35%
31% 31% 30% 24%
25%
20% 14% 15%
10%
5%
0 Rev < €5M €5M < Rev < €15M €15M < Rev < €50M Rev > €50M
Manufacturers Importers % Total
Source: AXEMA
12 Economic report 2017 - AXEMA 1.5 ► EMPLOYMENT AND MARGINS FOR AGRICULTURAL MACHINERY COMPANIES
COMPARATIVE TRENDS OF EMPLOYMENT IN THE INDUSTRY AND IN THE 2017 AGRICULTURAL MACHINERY SECTOR IN FRANCE
108 The survey conducted among 106.6 106.3 106.2 106 105.5 105.9 agricultural manufacturers at the 104.1 end of 2017 on jobs in this sector 104 102.9 shows that the firms marginally 102 reduced their workforce in 2016 by 100 2%. This reduction was the result 100 of three consecutive years of fall in 99.4 98 turnover of the firms. 98.5 96 97.2 Positive signs of recovery and 96.0 favourable exports outlook saw 94 94.9 94.2 94.1 recruitments on the rise in 2017 92 with 2.4% increase in jobs and 650 net recruitments expected in 2018. 90 2010 2011 2012 2013 2014 2015 2016 2017
Industry AXEMA members
Change in employment index (2010 = base 100) - Source: INSEE, AXEMA
2016 MARGINS IN THE INDUSTRY AND AGRICULTURAL MACHINERY IN FRANCE
45% The average margin (Gross
40% 38.8% 38.6% operating profit/Added value) of 37.0% 37.4% 35.7% 35.7% 35.0% firms in the French industry stood 35% 34.1% 34.1% 35.7% 31.7% 33.1% at 39% in 2016, up from the last 33.8% 31.3% 32.1% 10 years. 30% 27.1% 26.8% 29.6% 25% In the agricultural machinery 22.9% sector, the drop in margin appears 20% 20.8% to have reached its lowest level in 19.0% 15% 16.8% 2015. The ratio reached nearly 23% in 2016. 10%
5%
0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Industry AXEMA members
Margin = Gross operating profit/Added value Source: DIANE-Bureau Van Dijk, AXEMA
Economic report 2017 - AXEMA 13 02 ►
DETAILED RESULTS FOR AGRICULTURAL MACHINERY ►EUROPEAN AGRICULTURAL MACHINERY MARKETS IN 2016
SWEDEN 886.8 FINLAND 704.1
UK ESTONIA 3 033.8 191.5 LATVIA IRELAND 176.2 276.9 LITHUANIA DENMARK 313.1 526.0 NETHERLANDS 814.2 POLAND GERMANY 1 450.3 BELGIUM 5 525.8 CZECH REPUBLIC 1 120.3 530.0 Source: AXEMA Source: SLOVAKIA LUXEMBOURG 146.2 49.4 FRANCE AUSTRIA HUNGARY 4 999.5 SLOVENIA 1 288.7 440.4 124.4 CROATIA
Apparent market = Production – Exports + Imports = Production market Apparent 150.3 ROMANIA BULGARIA 586.0 276.9
SPAIN GREECE 1 709.2 PORTUGAL 155.0 302.1 CYPRUS ITALY MALTA 18.7 4 500.7 2.5
0 500 1 000 3 000 4 000 7 000
In millions Euro ►THE FRENCH CONTRIBUTION TO EUROPEAN PRODUCTION France's rank (EU prod): 3rd New agricultural tractors 2nd Harvesting and viticulture equipment 5th Garden machinery 1st Livestock equipment 2nd Transport and handling equipment 2nd Irrigation and crop protection equipment 3rd Haymaking equipment 2nd Tillage equipment 1st Dairy equipment 2nd
Source: EUROSTAT, INSEE, AXEMA calculations EUROSTAT, Source: Seeding, planting and fertilizing equipment
0 1 000 2 000 3 000 4 000 5 000 6 000 7 000 8 000
France (€M) European Union (€M)
Seeding and planting Irrigation and crop Dairy equipment Tillage equipment Haymaking equipment equipment protection equipment France (%) 9% 21% 32% 12% 19% France (in € m) 93.6 220.5 353.6 134.9 227.0 EU 28 (in € m) 1,048.1 1,072.1 1,089.6 1,154.9 1,202.1 Transport and Harvesting and Livestock equipment Garden machinery New agricultural tractors handling equipment viticulture equipment France (%) 23% 18% 3% 3% 19% France (in € m) 344.8 341.7 74.6 130.9 1,404.6 EU 28 (in € m) 1,483.2 1,887.2 2,877.6 3,994.8 7,575.2 ► THE EUROPEAN MARKETS
The production of agricultural machinery in Europe Production declined in most of the largest producing was worth 37.9 billion euros in 2016, down 4% countries between 2015 and 2016, with the exception on 2015. The five largest European producers of the United Kingdom (+ 7%). The Czech Republic (-21%), in order of importance are: Germany, Italy, Ireland (-21%) and Hungary (-18%) experienced the largest France, the United Kingdom and the Netherlands. fall in production during this period.
2016 PRODUCTION AND TRADE IN AGRICULTURAL MACHINERY PER EU COUNTRY
PRODUCTION EXPORTS IMPORTS MARKET Million € 2014 2015 2016e 2016 2016 2016 Germany 11,628.4 11,108.3 10,623.2 8,965.2 3,867.8 5,525.8 France 4,663.8 4,426.9 4,281.6 3,030.4 3,748.4 4,999.5 Italy 7,587.1 8,230.1 7,708.4 4,378.0 1,170.3 4,500.7 United Kingdom 2,616.4 2,623.9 2,819.5 2,098.9 2,313.1 3,033.8 Spain 1,154.7 1,195.2 1,251.8 889.0 1,346.4 1,709.2 Poland 1,459.1 1,526.5 1,445.0 1,021.0 1,026.3 1,450.3 Austria 1,847.0 1,757.7 1,741.9 1,372.2 919.0 1,288.7 Belgium 1,785.9 1,600.6 1,402.8 1,796.0 1,513.5 1,120.3 Sweden 1,070.0 903.6 821.5 876.5 941.9 886.8 Netherlands 2,072.7 2,166.0 2,161.4 2,404.1 1,056.9 814.2 Finland 1,067.2 1,123.5 1,168.9 891.0 426.2 704.1 Romania 87.1 85.2 78.6 88.3 595.7 586.0 Czech Republic 666.5 696.4 552.6 683.0 660.4 530.0 Denmark 586.4 538.5 533.1 828.7 821.6 526.0 Hungary 460.8 467.4 382.5 574.3 632.2 440.4 Lithuania 32.7 29.4 32.2 194.8 470.6 308.0 Portugal 116.4 108.2 98.3 63.0 266.8 302.1 Bulgaria 28.5 35.5 35.5 241.7 483.1 276.9 Ireland 175.4 154.8 122.0 220.1 374.9 276.9 Estonia 78.6 76.3 86.5 69.4 174.4 191.5 Latvia 25.5 28.0 28.9 58.9 206.2 176.2 Greece 291.9 78.7 71.0 63.0 147.1 155.0 Croatia 86.2 95.9 96.2 78.4 132.5 150.3 Slovakia 179.4 191.6 199.5 387.2 333.9 146.2 Slovenia 131.3 132.9 112.9 133.3 144.8 124.4 Luxembourg 0.0 0.0 0.0 37.1 86.4 49.4 Cyprus 4.8 8.8 8.8 0.9 10.7 18.7 Malta 0.0 0.0 0.0 0.2 2.7 2.5 EU (28) 39,903.8 39,389.9 37,864.7 31,444.5 23,873.7 30,293.9
e: estimation - Source: Eurostat, INSEE, IHS Maritime & Trade, AXEMA calculations
16 Economic report 2017 - AXEMA ► EUROPEAN AGRICULTURAL MACHINERY TRADE
Agricultural machinery trade in the EU member states EU imports are worth €23.9 bn. They have decreased 3% declined in 2016. Exports reached €31.4 bn, down by 0.6%. between 2015 and 2016. It should be noted that exports and The largest exporting countries are Germany, Italy and imports of the Baltic countries have increased significantly. France. France recorded substantial increase in its exports France continues to hold the highest deficit in terms of (+4%). trade balance in the EU, even though the deficit has reduced (€-1.1 bn in 2015 against €-718.0 m in 2016).
2016 TRADE BALANCE FOR AGRICULTURAL MACHINERY PER EU COUNTRY TRADE EXPORTS IMPORTS BALANCE Million € 2015 2016 Var. 2015 2016 Var. 2016 Germany 8,901.1 8,965.2 0.7% 3,910.8 3,867.8 -1.1% 5,097.4 Italy 4,562.5 4,378.0 -4.0% 1,173.8 1,170.3 -0.3% 3,207.7
Netherlands 2,496.8 2,404.1 -3.7% 1,155.2 1,056.9 -8.5% 1,347.2 Finland 886.0 891.0 0.6% 390.6 426.2 9.1% 464.7 Austria 1,468.6 1,372.2 -6.6% 971.3 919.0 -5.4% 453.2 Belgium 1,928.2 1,796.0 -6.9% 1,538.2 1,513.5 -1.6% 282.5 Slovakia 357.4 387.2 8.3% 367.4 333.9 -9.1% 53.3 Czech Republic 672.2 683.0 1.6% 760.1 660.4 -13.1% 22.6 Denmark 817.0 828.7 1.4% 711.1 821.6 15.5% 7.1 Malta 0.1 0.2 89.8% 2.9 2.7 -8.2% -2.5 Poland 1,005.7 1,021.0 1.5% 1,376.5 1,026.3 -25.4% -5.3 Cyprus 1.7 0.9 -48.2% 13.0 10.7 -17.3% -9.9 Slovenia 111.1 133.3 20.0% 141.8 144.8 2.1% -11.5 Luxembourg 32.6 37.1 13.7% 83.6 86.4 3.3% -49.4 Croatia 82.3 78.4 -4.7% 94.3 132.5 40.5% -54.1 Hungary 535.5 574.3 7.2% 563.1 632.2 12.3% -57.9 Sweden 898.7 876.5 -2.5% 878.8 941.9 7.2% -65.3 Greece 66.5 63.0 -5.2% 148.8 147.1 -1.1% -84.1 Estonia 62.2 69.4 11.5% 146.8 174.4 18.7% -105.0 Latvia 45.4 58.9 29.7% 180.4 206.2 14.3% -147.3 Ireland 219.9 220.1 0.1% 412.0 374.9 -9.0% -154.9 Portugal 67.2 63.0 -6.2% 295.4 266.8 -9.7% -203.8 United Kingdom 2,139.9 2,098.9 -1.9% 2,442.7 2,313.1 -5.3% -214.3 Bulgaria 244.8 241.7 -1.3% 576.3 483.1 -16.2% -241.4 Lithuania 154.8 194.8 25.8% 355.2 470.6 32.5% -275.8 Spain 848.7 889.0 4.7% 1,308.6 1,346.4 2.9% -457.4 Romania 97.2 88.3 -9.2% 576.4 595.7 3.3% -507.4 France 2,929.3 3,030.4 3.5% 4,082.6 3,748.4 -8.2% -718.0 EU 28 total 31,633.5 31,444.5 -0.6% 24,657.6 23,873.7 -3.2% 7,570.8 (including intra-Europe)
Source: Customs-IHS Maritime & Trade, AXEMA
Economic report 2017 - AXEMA 17 2.1 ► AGRICULTURAL TRACTORS
EUROPEAN PRODUCTION - 0.7% FRENCH PRODUCTION + 9.7% FRANCE'S RANK 3th 5th 2th
EUROPEAN INTERNATIONAL INTERNATIONAL CONTRIBUTOR EXPORTER IMPORTER
PRICE INDEX FRENCH TRADE + 3.2% 1.3 bn Euro 1.0 bn Euro + 17.1% in 2017 - 10.9% in 2017 EXPORTS IMPORTS
EUROPEAN PRODUCTION OF AGRICULTURAL TRACTORS
European production of agricultural tractors was worth €7.6 bn in 2016, down 0.7% on 2015. To be noted, the category of new agricultural tractors of 120 hp and higher grew by 2%.
2016 EUROPEAN PRODUCTION OF AGRICULTURAL TRACTORS
12 000 10 012 250 241 8 788 8 559 10 000 8 309 744 8 351 240 186 7 923 258 297 7 631 7 575 399 178 1 887 6 757 353 119 130 415 New agricultural tractors <= 49 hp 8 000 6 458 297 931 1 504 249 204 1 471 332 212 New agricultural tractors 50-79 hp 1 536 1 144 1 142 1 333 1 028 1 777 420 New agricultural tractors 80-99 hp 6 000 380 1 443 1 353 1 151 1 304 1 242 1 262 1 127 1 277 New agricultural tractors 100-120 hp 1 006 Million of euros 1 004 New agricultural tractors > 120 hp 4 000 1 098 5 806 5 202 4 958 4 800 5 197 5 062 4 860 4 337 3 978 2 000 3 491
0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Source: Eurostat, AXEMA 18 Economic report 2017 - AXEMA INTERNATIONAL TRADE IN AGRICULTURAL TRACTORS
2017 INTERNATIONAL TRADE IN AGRICULTURAL TRACTORS
United States Between October 2016 and Germany 5.1% 22.1% France 7.8% 8.0% September 2017, exports of Italy 3.0% 10.3% United Kingdom tractors were worth €13.0 bn and Japan Canada imports €14.9 bn. Austria South Korea Turkey Germany, the United States and Spain India Italy continue to be the main Netherlands Finland suppliers of tractors (representing Australia Belgium 22%, 12% and 10% of the market Poland Mexico share respectively). France holds Ukraine th Romania on to its 5 rank as an exporting China Sweden country, having exported tractors Hungary Belarus worth €1.0 bn. The main customers Czech Republic Brazil for imports are the United States Switzerland South Africa (€2.5 bn), France (€1.2 bn) and Denmark Canada (€0.9 bn). 20% 15% 10% 5% 0% 5% 10% 15% 20% 25%
Imports Exports
Source: Customs - IHS Maritime & Trade, AXEMA
AGRICULTURAL TRACTOR REGISTRATIONS IN FRANCE
In 2017, the market for standard tractors fell by 0.1%, with 22,570 vehicles registered, compared with 22,600 units in 2016. In 2017, John Deere gained 0.2 point of market share and maintained its first position. New Holland lost 1.5 point and maintained its 2nd rank. Massey Ferguson gained 1.9 point and climbed to the 3rd position ahead of Claas, which lost 1.4 point.
REGISTRATIONS OF STANDARD MARKET SHARES OF MANUFACTURERS 2017 2017 AGRICULTURAL TRACTORS IN FRANCE OF STANDARD TRACTORS
7 000 2014 2015 2016 2017 JOHN DEERE 20.0% 20.6% 19.2% 19.4% 6 000 34 498 NEW HOLLAND 15.5% 14.8% 14.6% 13.1% 22 570 MASSEY FERGUSON 11.4% 11.2% 10.1% 12.0% 31 018 24 835 5 000 CLAAS 10.5% 12.7% 12.6% 11.2% 24 968 27 274 FENDT 10.2% 9.6% 10.7% 10.5% 4 000 22 600 KUBOTA 5.8% 4.9% 6.8% 8.2%
21 851 CASE IH 9.5% 9.4% 8.1% 7.4% 3 000 VALTRA 6.2% 6.0% 7.8% 6.7%
2 000 DEUTZ-FAHR 5.4% 5.7% 4.8% 4.7% McCORMICK 1.1% 1.0% 1.2% 1.8%
1 000 LANDINI 0.7% 0.8% 0.8% 1.2% SAME 1.5% 1.3% 1.3% 1.1%
0 Other 2.1% 1.9% 2.0% 2.7% 2010 2011 2012 2013 2014 2015 2016 2017 General total 100% 100% 100% 100%
Source: SIV-DIVA, AXEMA Source: SIV-DIVA, AXEMA Economic report 2017 - AXEMA 19 2.2 ► HARVESTING EQUIPMENT FOR GENERAL CROPS
EUROPEAN PRODUCTION - 3.4%
FRANCE'S RANK 5th 4th
INTERNATIONAL INTERNATIONAL EXPORTER IMPORTER PRICE INDEX FRENCH TRADE + 0.9% €69.4 m €198.7 m + 33.0% in 2017 - 35.9% in 2017 EXPORTS IMPORTS
EUROPEAN PRODUCTION OF CEREAL AND ROOT CROP HARVESTING EQUIPMENT
European production of self-propelled harvesters of cereal and root crop fell by 3% in 2016. Combine harvesters dropped the most (-8%). Whereas the production of root crop harvesters increased by 12% and that of the self- propelled forage harvesters by 5%.
EUROPEAN PRODUCTION OF CEREAL AND ROOT CROP HARVESTING 2016 EQUIPMENT
3 000
2 544 2 543 2 563 250 2 455 2 404 2 370 2 500 2 296 348 360 424 412 2 062 422 366 433 347 383 361 2 000 300 1 793 311 1 693 305 Self-propelled forage harvesters 377 347 277 386 284 Root crop harvesters 1 500 254 Combine harvesters 323
Million of euros 1 849 1 000 1 677 1 800 1 778 1 732 1 590 1 553 1 376 1 262 1 086 500
0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Source: Eurostat, AXEMA 20 Economic report 2017 - AXEMA INTERNATIONAL TRADE IN COMBINE HARVESTERS
2017 INTERNATIONAL TRADE IN COMBINE HARVESTERS
Germany 3.4% 32.1% United States Trade in combine harvesters was Canada Belgium dominated by Germany, the United France 6.1% 2.8% Ukraine States, and Belgium, which have Australia exports worth €806.9 m, €701.6 m Italy 1.9% 3.8% Poland and €277.9 m respectively. Romania United Kingdom China The main customers for imports Hungary Bulgaria are Canada (€564.2 m), Ukraine Japan Brazil (€280.0 m) and Australia Russia Argentina (€220.3 m). French imports fell by Indonesia Turkey 36% during this period. Thailand Austria Lithuania Denmark Kazakhstan Czech Republic Croatia Spain South Korea
20% 15% 10% 5% 0% 5% 10% 15% 20% 25% 30% 35%
Imports Exports
Source: Customs - IHS Maritime & Trade, AXEMA
FRENCH REGISTRATIONS OF SELF-PROPELLED HARVESTERS
In 2017, registrations of combine harvesters dropped by 30% compared with 2016, with 1,276 units. The volume of forage harvesters went up by 2% to reach 259 units. In 2017, Claas lost 3.7 points of market share and maintained its first position in the ranking for combine harvesters. New Holland lost 2.8 points and maintained its nd2 position ahead of John Deere that gained 8.7 points (22.8%) and Case IH that lost 1 point (7.4%).
REGISTRATIONS OF SELF-PROPELLED MARKET SHARES OF MANUFACTURERS 2017 2017 HARVESTING EQUIPMENT IN FRANCE OF COMBINE HARVESTERS 500 2014 2015 2016 2017 2 470 450 1 876 2 288 CLAAS 37.5% 37.6% 41.2% 37.5% 400 NEW HOLLAND 30.8% 30.6% 26.9% 24.1% 350 1 789 2 006 JOHN DEERE 16.4% 14.3% 14.1% 22.8% 300 CASE IH 7.3% 8.7% 8.4% 7.4% 1 821 250 1 276 908 DEUTZ-FAHR 3.4% 3.7% 2.4% 2.3% 200 FENDT 1.3% 1.0% 2.4% 2.1% 150 LAVERDA 1.5% 1.5% 1.6% 1.9% 100 291 334 260 304 284 254 MASSEY FERGUSON 1.8% 2.5% 3.0% 1.9% 50 259 156 0 RACINE 0.0% 0.0% 0.0% 0.1%
2010 2011 2012 2013 2014 2015 2016 2017 BOURGOIN 0.0% 0.0% 0.1% 0.0%
Combine harvesters Self-propelled forage harvesters General total 100% 100% 100% 100%
Source: SIV-DIVA, AXEMA Source: SIV-DIVA, AXEMA Economic report 2017 - AXEMA 21 2.3 ► OTHER HARVESTING EQUIPMENT
EUROPEAN PRODUCTION - 2.3%
FRANCE'S RANK 3th 1st
INTERNATIONAL INTERNATIONAL EXPORTER IMPORTER
PRICE INDEX FRENCH TRADE + 1.9% €108.7 m €91.2 m - 4.4% in 2017 + 7.4% in 2017 EXPORTS IMPORTS
EUROPEAN PRODUCTION OF OTHER HARVESTING EQUIPMENT
European production of other harvesting equipment was worth €1.4 bn in 2016, down 2% on 2015. This decrease affects both balers (-2%) and other harvesting machines (-2%), which include grape harvesters.
2016 EUROPEAN PRODUCTION OF OTHER HARVESTING EQUIPMENT
1 800
250 1 600 1 544 1 441 1 429 1 435 1 390 1 358 1 400 1 280 1 260
1 200 1 091 765 687 Other harvesting machines 1 015 684 698 688 672 (including grape harvesters) 1 000 561 599
535 800 463 Balers
Million of euros 600
699 754 745 779 737 702 400 681 686 556 552 200
0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Source: Eurostat, AXEMA
22 Economic report 2017 - AXEMA INTERNATIONAL TRADE IN BALERS
2017 INTERNATIONAL TRADE IN BALERS
Germany 7.0% 23.7% France 9.7% 13.2% Exports of balers was worth United States Netherlands €821.5 m at end September 2017, Ireland Belgium up 2% on end September 2016. Poland Italy 2.6% 5.4% Germany continued to be the Canada United Kingdom main supplier, with exports worth Australia China €194.8 m, ahead of the United States Spain Hungary (€124.9 m) and France (€108.7 m). Norway Austria Japan Spanish imports, which had Belarus Sweden increased substantially in 2016 Denmark South Korea (+51%), again went up in 2017 (+21%) Switzerland Switzerland to reach €32.2 m. South Africa Russia Czech Republic New Zealand Slovakia Mexico Romania
15% 10% 5% 0% 5% 10% 15% 20% 25% 30%
Imports Exports
Source: Customs - IHS Maritime & Trade, AXEMA REGISTRATIONS OF BALERS IN FRANCE
In 2017, the market of round balers saw a change in the ranking of the manufacturers. John Deere is now the leader with a market share of 19.8%. Claas is ranked as an outsider with 18.8%. The performance of New Holland, ranked 3rd as a manufacturer, has fallen by 5 points in this segment and ended the year with a market share of 13.5%. The strong progress of McHale over last few years must be noted. Its market share in 2017 reached 10.1%.
MARKET SHARES OF MANUFACTURERS 2017 REGISTRATIONS OF BALERS IN FRANCE 2017 OF ROUND BALERS
500 2014 2015 2016 2017
450 JOHN DEERE 20.5% 18.8% 17.9% 19.8%
400 CLAAS 20.6% 18.2% 17.4% 18.8% 2 205 2 168 2 313 NEW HOLLAND 14.6% 19.1% 18.5% 13.5% 350 2 020 LELY France 9.7% 11.0% 9.8% 10.1% 300 McHALE 4.2% 5.3% 6.6% 10.1% 1 267 250 KUHN 11.9% 10.3% 10.7% 9.6%
200 KRONE 6.6% 5.4% 6.3% 5.4% CASE IH 3.6% 4.6% 3.1% 3.5% 150 DEUTZ-FAHR 2.9% 2.6% 2.7% 2.5%
100 VICON 2.2% 1.8% 2.4% 1.9% 343 226 286 288 339 50 FERABOLI 1.8% 1.4% 2.6% 1.6%
0 KUBOTA 0.0% 0.3% 0.6% 1.1% 2013 2014 2015 2016 2017 OTHER 1.5% 1.2% 1.5% 2.1%
Round balers Square balers General total 100% 100% 100% 100%
Source: SIV-DIVA, AXEMA Source: SIV-DIVA, AXEMA Economic report 2017 - AXEMA 23 2.4 ► VITICULTURE EQUIPMENT
EUROPEAN PRODUCTION + 5.0% FRENCH PRODUCTION + 2.3% FRANCE'S RANK 2th 3th 2th
EUROPEAN INTERNATIONAL INTERNATIONAL CONTRIBUTOR EXPORTER IMPORTER
PRICE INDEX FRENCH TRADE - 0.7% €31.8 m €17.1 m - 2.0% in 2017 + 19.1% in 2017 EXPORTS IMPORTS
EUROPEAN PRODUCTION OF PRESSES
The European production of presses and crushers for the manufacturing of wine, cider and juice was worth €266.8 million in 2016, up 5% on 2015.
2016 EUROPEAN PRODUCTION OF PRESSES
400
350
300
250
Presses, crushers 200 341 293 293 267 Million of euros 150 259 267 254 239 237 246 100
50
0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Source: Eurostat, AXEMA
24 Economic report 2017 - AXEMA INTERNATIONAL TRADE IN PRESSES
2017 INTERNATIONAL TRADE IN PRESSES
Italy 3.7% 22.3% Germany 7.0% 16.4% AT end September 2017, the exports France 9.2% 13.2% United States of presses and crushers (wine, Spain Switzerland cider, juice - spare parts included) China United Kingdom reached €231.8 m, compared to Poland Austria €220.9 m at end September 2016 Australia Canada (+10%). Italy is the main exporting Netherlands Mexico country (€51.6m) ahead of Germany Chile Czech Republic (€38.0m) and France (€30.6 m). Bulgaria Romania The United States have retained their Argentina Georgia 1st rank as the importer of presses Slovenia South Africa and crushers (13% of imports). Portugal Brazil Russia Greece Belgium Cameroon Turkey
15% 10% 5% 0% 5% 10% 15% 20% 25% 30%
Imports Exports Source: Customs - IHS Maritime & Trade, AXEMA REGISTRATIONS OF SELF-PROPELLED VITICULTURE AND ARBORICULTURE EQUIPMENT
In 2017, registrations of vineyard and orchard tractors dropped by 5% to reach 3,965 units. Whereas the market for straddle tractors increased slightly by 4% to reach 485 units. Self-propelled grape harvesters also dropped by 12% (410 units). In this market, the historic leader, New Holland, retained its 1st rank with a market share of 26.0%.
REGISTRATIONS OF SELF-PROPELLED MARKET SHARES OF MANUFACTURERS OF 2017 2017 VITICULTURE AND ARBORICULTURE SELF-PROPELLED VITICULTURE EQUIPMENT EQUIPMENT IN FRANCE
900 2014 2015 2016 2017 810 NEW HOLLAND 24.0% 25.9% 28.9% 26.0% 3 965 720 BOBARD 22.4% 21.0% 22.6% 18.3% 4 187 3 769 630 TECNOMA 14.8% 14.1% 12.9% 14.0% 3 387 3 210 540 PELLENC 10.1% 13.8% 14.2% 13.0% GREGOIRE 11.2% 9.4% 8.7% 11.6% 450 2 783 2 860 DEROT 5.3% 3.8% 3.0% 4.9% 360 2 274 FREMA 1.9% 1.6% 1.6% 3.1% 270 LOISEAU 5.3% 4.6% 4.8% 3.1% 180 428 476 468 485 CMC 2.0% 1.9% 1.5% 2.6% 399 366 399 415 90 387 313 464 410 106 199 217 242 GRV 1.2% 3.7% 1.4% 1.7% 0 KREMER 0.0% 0.0% 0.3% 1.7% 2010 2011 2012 2013 2014 2015 2016 2017 Other 1.8% 0.1% 0.1% 0.0% Vineyard and orchard tractors Self-propelled grape harvesters Straddle tractor General total 100% 100% 100% 100% Source: SIV-DIVA, AXEMA Source: SIV-DIVA, AXEMA Economic report 2017 - AXEMA 25 2.5 ► HAYMAKING EQUIPMENT
EUROPEAN PRODUCTION - 9.8% FRENCH PRODUCTION - 7.9% FRANCE'S RANK 3th 3th 3th
EUROPEAN INTERNATIONAL INTERNATIONAL CONTRIBUTOR EXPORTER IMPORTER PRICE INDEX FRENCH TRADE - 20% €165.2 m €107.2 m + 18.4% in 2017 + 12.0% in 2017 EXPORTS IMPORTS
EUROPEAN PRODUCTION OF HAYMAKING EQUIPMENT
European production of haymaking equipment was worth €1.2 bn in 2016, down 10% on 2015. In this category, the production of mowers dropped by 7% and that of other equipment by 13%.
2016 EUROPEAN PRODUCTION OF HAYMAKING EQUIPMENT
1 600
1 353 1 400 1 280 1 253 1 247 1 155 1 200 1 113 1 010 651 926 585 Other haymaking 1 000 623 597 507 equipment 783 473 800 421 687 362 Mounted or trailed mowers 600 339
Millions of euros 297
701 695 400 650 640 630 648 563 589 400 444 200
0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Source: Eurostat, AXEMA
26 Economic report 2017 - AXEMA INTERNATIONAL TRADE IN MOWERS
2017 INTERNATIONAL TRADE IN MOWERS
Exports of mowers showed an Germany 9.9% 19.2% United States increase in 2017 to reach €857.2 m France 9.3% 10.4% Italy 2.2% 11.9% (+11%). Germany is ranked first as Mexico United Kingdom the supplier of mowers : its exports Austria Canada are worth €164.8 m, i.e. 19% of total Denmark Netherlands exports. Exports of Italy, the second China Poland largest exporting country, climbed by Australia Sweden 29% over this period. Japan Belgium Switzerland The United States, Germany and Czech Republic Ireland France remained the top three buyers Russia Spain of mowers in 2017. They respectively New Zealand Hungary import 18%, 10% and 9% of the total Slovenia Finland global imports. Norway Belarus Romania Ukraine
25% 20% 15% 10% 5% 0% 5% 10% 15% 20% 25%
Imports Exports
Source: Customs - IHS Maritime & Trade, AXEMA SELF-LOADING TRAILER REGISTRATIONS IN FRANCE
After a significant increase in recent years, the registrations of self-loading feed trailers decreased by 4% with 256 units in 2017. The leader, Pottinger, retained its 1st rank with a market share of 33.2%. It is followed by Jeulin (10.9%) and Strautmann, which performed well with an increase of 1.9 points over 2017 to achieve 9.4% of market share.
MARKET SHARES OF MANUFACTURERS 2017 REGISTRATIONS OF SELF-LOADING 2017 FEED TRAILERS IN FRANCE OF SELF-LOADING FEED TRAILERS
45 2014 2015 2016 2017 268 256 40 POTTINGER 25.7% 36.5% 32.8% 33.2% JEULIN 11.4% 10.0% 10.1% 10.9% 35 STRAUTMANN 5.4% 6.1% 7.5% 9.4% 230 30 SUPERTINO 17.3% 8.7% 11.2% 8.6% 202 BELAIR 4.5% 13.5% 6.0% 8.2% 25 LELY France 5.4% 5.7% 6.0% 7.8%
20 CLAAS 4.0% 1.3% 7.1% 7.0%
87 KRONE 2.0% 1.7% 1.9% 3.9% 15 SCHUITEMAKER 9.4% 6.5% 5.6% 3.9%
10 BONINO 9.9% 6.1% 4.1% 3.5% VICON 1.5% 1.7% 5.2% 2.3% 5 ARCUSIN 1.0% 0.0% 0.4% 0.8%
0 Other 2.5% 2.2% 2.2% 0.4% 2013 2014 2015 2016 2017 General total 100% 100% 100% 100%
Source: SIV-DIVA, AXEMA Source: SIV-DIVA, AXEMA Economic report 2017 - AXEMA 27 2.6 ► TILLAGE EQUIPMENT
EUROPEAN PRODUCTION + 2.7% FRENCH PRODUCTION - 1.5% FRANCE'S RANK 2th 4th 1st
EUROPEAN INTERNATIONAL INTERNATIONAL CONTRIBUTOR EXPORTER IMPORTER
PRICE INDEX FRENCH TRADE + 1.1% €135.6 m €112.3 m + 19.8% in 2017 + 6.4% in 2017 EXPORTS IMPORTS
EUROPEAN PRODUCTION OF TILLAGE EQUIPMENT
European production of tillage equipment was worth €1.1 bn in 2016, up 3% on 2015. The production of harrows was up 10%, whereas that of ploughs fell by 2%.
2016 EUROPEAN PRODUCTION OF TILLAGE EQUIPMENT
1 400
1 216 250 1 164 1 112 1 200 1 086 113 1 090 114 1 061 112 993 113 127 116 1 000 306 109 293 829 Other tillage equipment 803 806 189 255 247 261 800 81 265 88 87 Ploughs Harrows (tooth, disc) 198 352 221 219 312 600 289 312 354 Scarifiers and cultivators
Million of euros 321 304 220 244 400 280
422 445 445 400 363 368 200 314 324 221 255
0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Source: Eurostat, AXEMA
28 Economic report 2017 - AXEMA TRADE IN PLOUGHS, SCARIFIERS AND CULTIVATORS
2017 INTERNATIONAL TRADE IN PLOUGHS, SCARIFIERS AND CULTIVATORS
Germany 8.4% 19.1% China At end-September 2017, the global France 8.9% 8.2% United States exports were worth €1.1 bn. Italy 1.9% 8.7% Ukraine China is the first exporting country of Austria Russia scarifiers and cultivators. Its market Romania Canada share of exports went up from 19% Poland Sweden in 2016 to 20% in 2017, ahead of Czech Republic United Kingdom Germany (19%) and Italy (9%). Norway Hungary Netherlands France retains its number 1 rank Denmark as importer (€124.7 m), ahead of Spain Belgium Germany (€118.0 m) and Ukraine Japan Bulgaria (€86.5 m). Lithuania Mexico India Australia Belarus Switzerland Slovakia
-20% -15% -10% -5% 0% 5% 10% 15% 20% 25% 30%
Imports Exports
Source: Customs - IHS Maritime & Trade, AXEMA REGISTRATIONS OF TILLAGE EQUIPMENT
The market of tillage equipment fell by 12% in 2017 and reached 624 units. Lemken, the historic leader in this category, gained 0.5 point, with 17.1% of market share. Horsch, ranked second in the category, gained 1.2 point and reached 16.8%. Finally, Gregoire and Besson maintained their third rank with 8.8%.
REGISTRATIONS OF INDEPENDENT MARKET SHARES OF MANUFACTURERS OF 2017 DISC AND ROLLER TILLAGE 2017 INDEPENDENT DISC TILLAGE MACHINERY MACHINERY IN FRANCE
120 2016 2017
627 LEMKEN 16.6% 17.1% 706 100 HORSCH 15.6% 16.8% 624 636 GREGOIRE BESSON 8.8% 8.8% 80 POTTINGER 9.9% 8.3% 374 AMAZONE 6.8% 7.5% 60 AGRISEM INTERNATIONAL 6.2% 7.4%
VADERSTAD 6.7% 7.1% 40 KUHN 7.2% 6.7%
443 507 437 BEDNAR 4.1% 3.4% 20 463 296 QUIVOGNE 3.4% 3.2% SOUCHU 4.1% 2.9% 0 Other 10.6% 10.7% 2013 2014 2015 2016 2017 General total 100% 100% Independent discs tillage equipment Rollers tillage equipment
Source: SIV-DIVA, AXEMA Source: SIV-DIVA, AXEMA Economic report 2017 - AXEMA 29 2.7 ► SEEDING, PLANTING AND FERTILIZING EQUIPMENT
EUROPEAN PRODUCTION - 2.3% FRENCH PRODUCTION - 12.2% FRANCE'S RANK 2th 6th 6th
EUROPEAN INTERNATIONAL INTERNATIONAL CONTRIBUTOR EXPORTER IMPORTER PRICE INDEX FRENCH TRADE + 1.1% €135.7 m €116.4 m + 12.7% in 2017 - 7.7% in 2017 EXPORTS IMPORTS
EUROPEAN PRODUCTION OF SEEDING, PLANTING AND FERTILIZING EQUIPMENT
European output of seeding, planting and fertilizer spreading equipment dropped by 2% in 2016 reaching €1.0 bn. The production of seeders, planters and transplanters is on the rise, whereas that of mineral fertilizer distributors, precision seeders and organic fertilizer distributors is down.
2016 EUROPEAN PRODUCTION OF SEEDING, PLANTING AND FERTILIZING EQUIPMENT
1 400
1 169 250 1 200 1 124 1 072 1 045 1 064 69 1 048 997 78 61 130 93 80 115 1 000 69 143 135 143 Planters and transplanters 822931 138 128 183 135 753 182 Organic fertilizer spreaders 59 735 179 800 114 171 115 63 60 167 164 Precision seeders 253 129 138 Mineral fertilizer distributors 600 102 229 203 241 183 225 186 92 Seeders (excluding precision)
Million of euros 103 216 151 400 147 486 534 483 450 480 400 448 330 200 318 287
0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Source: Eurostat, AXEMA
30 Economic report 2017 - AXEMA TRADE IN SEEDERS AND FERTILISER SPREADERS
2017 INTERNATIONAL TRADE IN SEEDERS, PLANTERS AND TRANSPLANTERS
Germany 3.9% 22.6% United States The exports of seeders, planters and Canada transplanters were worth €882.1 m France 4.5% 6.8% Ukraine at end September 2017 (+14% over Japan Italy 0.8% 7.7% a year). Germany (€198.9 m), the Sweden Russia United States (€134 m) and Canada China South Korea (€93 m) are the main suppliers. Austria th Romania France is ranked 7 with exports worth Poland United Kingdom €60.3 m. Hungary Australia Imports have risen to €1.2 bn (+16%). Bulgaria Kazakhstan Main importers are Ukraine (€109 m), Netherlands Spain Canada (€88 m) and Russia, which Lithuania rd Denmark has become the 3 importing country Argentina Paraguay (€82.3 m). Czech Republic Turkey Mexico South Africa
15% 10% 5% 0% 5% 10% 15% 20% 25% 30%
Imports Exports
Source: Customs - IHS Maritime & Trade, AXEMA REGISTRATIONS IN CEREAL AND SINGLE GRAIN SEEDERS
The market of cereal seeders fell by 4% in 2017 and reached 271 units. The leader Horsch, widened the gap and gained 6.4 points to achieve 29.2% of market share. It is followed by SKY with 22.5% and Amazone with 10.7%.
REGISTRATIONS IN CEREAL AND SINGLE MARKET SHARES OF MANUFACTURERS 2017 2017 GRAIN SEEDERS IN FRANCE OF CEREAL SEEDERS
50 2016 2017 271 45 HORSCH 22.8% 29.2%
40 SKY AGRICULTURE 26.7% 22.5% 281 300 234 35 AMAZONE 9.6% 10.7%
30 POTTINGER 4.6% 7.7%
155 VADERSTAD 11.4% 7.7% 25 JOHN DEERE 8.5% 5.9% 20 MASCHIO 5.0% 5.2% 15 KUHN 5.7% 3.3% 41 10 29 BEDNAR 1.1% 3.0% 1 16 15 5 LEMKEN 1.8% 1.5% 0 Other 2.8% 3.3% 2013 2014 2015 2016 2017 General total 100% 100% Cereal seeders Single grain seeders
Source: SIV-DIVA, AXEMA Source: SIV-DIVA, AXEMA Economic report 2017 - AXEMA 31 2.8 ► IRRIGATION AND CROP PROTECTION EQUIPMENT
EUROPEAN PRODUCTION - 4.0% FRENCH PRODUCTION - 3.8% FRANCE'S RANK 2th 9th 3th
EUROPEAN INTERNATIONAL INTERNATIONAL CONTRIBUTOR EXPORTER IMPORTER PRICE INDEX FRENCH TRADE + 0.6% €69.3 m €108.5 m - 0.5% in 2017 - 9.3% in 2017 EXPORTS IMPORTS
EUROPEAN PRODUCTION OF IRRIGATION AND CROP PROTECTION EQUIPMENT
In 2016, European production of irrigation and crop protection equipment fell by 4% compared with 2015. If we consider the different products, production of self-propelled sprayers and portable sprayers has dipped, whereas that of mounted or trailed sprayers and mechanical irrigation systems is up.
2016 EUROPEAN PRODUCTION OF IRRIGATION AND CROP PROTECTION EQUIPMENT
1 500
1 287 1 299 1 252 1 209 1 202 128 154 1 200 1744 095 1 106 146 137 90 147 90 961 134 100 150 201 933 100 882931 98 Mechanical irrigation systems 900 205 348 409 110 178 Portable sprayers, with or without motor 178 358 348 341 158 94 92 306 Other crop protection sprayers 97 600 184 204 Sprayers, mounted or trailed 155 Million of euros
695 626 614 672 607 614 300 568 541 479 459
0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Source: Eurostat, AXEMA 32 Economic report 2017 - AXEMA INTERNATIONAL TRADE IN SPRAYERS
2017 INTERNATIONAL TRADE IN SPRAYERS
Global exports of sprayers reached United States Germany 4.2% 8.0% €1.5 bn at end September 2017. The China Mexico United States (23%), China (11%), France 5.7% 3.3% India and Germany (8%) are together Italy 1.3% 5.6% Netherlands responsible for half of these exports. Brasil th Canada France is now ranked 9 in exports Spain Israël with its market share down from 4% Russia to 3%. United Kingdom Thailand Australia Main customer countries in Ukraine Poland ascending order are the United States Vietnam Denmark (€232.5 m), Mexico (€190.8 m) and Indonesia France (€134.5 m). Imports from Turkey New Zealand Argentina have nearly doubled, up Argentina Japan from €23.2 m in 2016 to €41.8 m Belgium Romania in 2017. Chile South Africa
15% 10% 5% 0% 5% 10% 15% 20% 25% 30%
Imports Exports Source: Customs - IHS Maritime & Trade, AXEMA
FRENCH REGISTRATIONS OF SELF-PROPELLED SPRAYERS
In 2017, the market for self-propelled sprayers fell drastically by 43%, with 247 units registered, compared to 434 units in 2016. With a market share of 33.6% in 2017, Artec leads the French market for self-propelled sprayers. John Deere retains its second rank with a market share of 15.0%. Preciculture lost 1.6 point and achieved 13.8%.
REGISTRATIONS OF SELF-PROPELLED MARKET SHARES OF MANUFACTURERS OF 2017 2017 SPRAYERS IN FRANCE SELF-PROPELLED SPRAYERS IN FRANCE
120 2015 2016 2017
ARTEC 31.1% 32.0% 33.6% 100 575 JOHN DEERE 14.5% 15.4% 15.0%
PRECICULTURE 15.9% 15.4% 13.8% 80 HARDI EVRARD 8.8% 11.1% 11.3% 434 383 505 60 MATROT 18.1% 13.8% 9.3%
408 AMAZONE 3.4% 4.8% 7.7% 230 247 40 CHALLENGER 5.9% 5.1% 7.7%
144 AGRIFAC 1.0% 0.9% 0.8%
20 DELVANO 0.2% 0.2% 0.4%
Other 1.0% 1.2% 0.4% 0 2010 2011 2012 2013 2014 2015 2016 2017 General total 100% 100% 100%
Source: SIV-DIVA, AXEMA Source: SIV-DIVA, AXEMA Economic report 2017 - AXEMA 33 2.9 ► TRANSPORT AND HANDLING EQUIPMENT
EUROPEAN PRODUCTION - 10.0% FRENCH PRODUCTION - 12.6% FRANCE'S RANK 2th 8th 3th
EUROPEAN INTERNATIONAL INTERNATIONAL CONTRIBUTOR EXPORTER IMPORTER
PRICE INDEX FRENCH TRADE - 2.3% €150.7 m €86.7 m - 18.8% in 2017 - 11.8% in 2016 EXPORTS IMPORTS
EUROPEAN PRODUCTION OF AGRICULTURAL TRAILERS
European production of agricultural trailers decreased by 13% in 2016, reaching €998.7 m.
2016 EUROPEAN PRODUCTION OF AGRICULTURAL TRAILERS
1 200
1 000
800
Agricultural trailers 1 150 600 1 117 1 117 999 1 066 1 000 1 064
904 837 Million of euros 400 840
200
0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Source: Eurostat, AXEMA
34 Economic report 2017 - AXEMA INTERNATIONAL TRADE IN AGRICULTURAL TRAILERS
2017 INTERNATIONAL TRADE IN AGRICULTURAL TRAILERS
Germany 15.5% 31.3% Exports from trailers are up by United States Poland 11% at end September 2017. They Canada Austria have reached €467.6 m. Over half Netherlands France 6.2% 3.5% of trade is generated by Germany Belgium United Kingdom (31%), the United States (10%) and Italy 1.0% 2.7% Switzerland Poland (10%). Romania Sweden Global imports showed an increase Lithuania Estonia in 2017 (+12%). The three leading Czech Republic Russia customer countries, Germany, Denmark Hungary Canada and France, follow this Mexico Ireland trend. Their imports have reached Ukraine Norway €84.2 m, €43.4 m and €33.9 m Azerbaïdjan Slovakia respectively. New Zealand Slovenia Australia Spain
20% 15% 10% 5% 0% 5% 10% 15% 20% 25% 30% 35% 40%
Imports Exports
Source: Customs - IHS Maritime & Trade, AXEMA AGRICULTURAL TRAILER REGISTRATIONS IN FRANCE
Registrations of agricultural trailers in France were 7,974 units in 2017, a drop of 9%. Regarding the trailer category, this market fell by 7% with 3,523 units over 2017. The markets for flat beds, manure spreaders and slurry tankers fell 11% (2,366 units), 17% (793 units) and 18% (448 units) respectively.
REGISTRATIONS OF AGRICULTURAL REGISTRATIONS OF AGRICULTURAL 2017 2017 TRAILERS IN FRANCE TRAILERS PER CATEGORY IN FRANCE
1 400 10 000 9 026 9 092 8 797 9 026 72 502 137 504 9 092 8 797 118 545 9 000 7 974 1 200 180 448 8 000 7 974 5 974 2 406 2 426 1 000 7 000 5 974 2 661 225 54 2 366 6 000 133 187 850 820 171 1 545 116 5 000 555 602 953 800 793 127 545 4 000 355 548 342 Million Euros 3 000 600 4 508 4 416 3 804 2 000 3 326 3 523
1 000 400 0 2013 3014 2015 2016 2017
200 Slurry tankers Manure spreader Water tankers Livestock vehicle Flat bed trailers Trailers 0 Forestry transport equipment 2013 2014 2015 2016 2017
Source: SIV-DIVA, AXEMA Source: SIV-DIVA, AXEMA
Economic report 2017 - AXEMA 35 The list is still headed by Rolland, which lost 1.6 point in market share of 2017. Devès made a good progress of 2.2 points and retained its second position with 8.7% of the market. Siam Gyrax stood third with an increase of 1.3 point and ended the year at 7.8%.
2017 MARKET SHARE OF MANUFACTURERS OF AGRICULTURAL TRAILERS
2015 2016 2017 ROLLAND 12.5% 11.9% 10.3% DEVES 6.9% 6.5% 8.7% SIAM GYRAX 8.5% 6.5% 7.8% DEMAREST 5.0% 5.7% 5.2% LA CAMPAGNE 5.0% 5.5% 5.2% THIEVIN 4.8% 4.5% 4.6% MAUPU 4.8% 5.0% 4.1% JEANTIL 3.3% 5.4% 4.1% GILIBERT 3.2% 2.5% 3.7% CHEVANCE 3.0% 2.0% 3.1% LA LITTORALE 3.2% 3.8% 3.1% JOSKIN 3.4% 3.0% 2.8% LEGRAND 3.3% 2.5% 2.5% COUTAND 2.4% 2.4% 2.5% LAMBERT 2.2% 2.7% 2.4% LE BOULCH 2.4% 2.4% 2.3% Other 26.2% 27.6% 27.4% General total 100% 100% 100%
Rolland regained its rank as leader in the French market for manure spreaders with a market share of 19.4%. It is followed very closely by Sodimac, with 19.3% and Jeantil with 17.8%.
2017 MARKET SHARES OF MANUFACTURERS OF MANURE SPREADERS
2015 2016 2017 ROLLAND 20.2% 16.7% 19.4% SODIMAC 18.2% 18.2% 19.3% JEANTIL 17.0% 18.5% 17.8% DEGUILLAUME 5.4% 4.4% 5.9% GILIBERT 3.8% 5.9% 4.7% LE BOULCH 6.1% 6.5% 4.0% PICHON 2.3% 3.8% 4.0% COUTAND 3.9% 3.6% 3.4% JOSKIN 3.7% 2.1% 2.6% SAMSON 3.8% 4.6% 2.5% PERARD 1.6% 1.9% 2.0% S2B-DUCHESNE 0.0% 0.2% 1.8% THIEVIN 0.7% 1.2% 1.6% DANGREVILLE 4.8% 2.9% 1.5% Other 8.7% 9.7% 9.3% General total 100% 100% 100%
Source: SIV-DIVA, AXEMA 36 Economic report 2017 - AXEMA EUROPEAN PRODUCTION OF AGRICULTURAL HANDLING EQUIPMENT
European production of handling equipment was worth €484.5 million in 2016, down 3% on 2015.
2016 EUROPEAN PRODUCTION OF AGRICULTURAL HANDLING EQUIPMENT
700
600
500
400 Agricultural handling equipment 629 602 300 525 520 538 508 498 485 Million Euros 470 200 389
100
0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Source: Eurostat, AXEMA AGRICULTURAL TELESCOPIC HANDLER REGISTRATIONS IN FRANCE
Registrations of telescopic handlers in France decreased by 15% compared to 2016. In 2017, the market was 3,403 units as against 3,999 the previous year. After losing its number one rank in 2016, JCB returned to lead the rankings, with a sharp increase of 7.7 points and 33.4% of the market share. Manitou lost a spot in the ranking and ended the year at 29.8% of market share. Merlo retained its third position and stabilised its market share at 14.6%. Claas climbed up by 1.8 point and ended the year at 8.0%.
REGISTRATION OF AGRICULTURAL MARKET SHARES OF MANUFACTURERS 2017 2017 TELESCOPIC HANDLERS OF TELESCOPIC HANDLERS
1 200 2014 2015 2016 2017
JCB 30.4% 31.4% 25.7% 33.4% 1 000 MANITOU 26.8% 28.2% 33.9% 29.8% 4 703 MERLO 14.6% 14.7% 15.8% 14.6% 800 CLAAS 8.3% 9.0% 6.2% 8.0% 3 403 3 999 BOBCAT 1.5% 2.3% 4.0% 4.2% 600 3 205 MASSEY FERGUSON 3.8% 2.7% 2.4% 2.8% 3 899 3 563 2 948 CATERPILLAR 4.9% 5.7% 5.7% 2.6% 400 2 424 NEW HOLLAND 2.2% 2.3% 2.3% 1.9%
DIECI 5.1% 1.9% 2.3% 1.6% 200 DEUTZ-FAHR 1.9% 1.3% 1.4% 0.5%
0 Other 0.4% 0.6% 0.5% 0.7%
2010 2011 2012 2013 2014 2015 2016 2017 General total 100% 100% 100% 100%
Source: SIV-DIVA, AXEMA Source: SIV-DIVA, AXEMA
Economic report 2017 - AXEMA 37 2.10 ► LIVESTOCK EQUIPMENT
EUROPEAN PRODUCTION - 3.5% FRENCH PRODUCTION - 3.0% FRANCE'S RANK 1st 7th 4th
EUROPEAN INTERNATIONAL INTERNATIONAL CONTRIBUTOR EXPORTER IMPORTER PRICE INDEX FRENCH TRADE - 0.2% €55.8 m €49.8 m + 4.1% in 2017 + 15.2% in 2017 EXPORTS IMPORTS
EUROPEAN PRODUCTION OF LIVESTOCK EQUIPMENT
European production of livestock equipment was worth a total of €1.9 bn in 2016, down 4% on 2015. Machinery production for feed preparation and poultry breeding machines fell by 13% and 3% respectively. Production of other livestock equipment remained stable (€1.0 bn).
2016 EUROPEAN PRODUCTION OF LIVESTOCK EQUIPMENT
2 500 2 257 250 2 082 2 071 2 111 2 007 2 021 476 1 956 1 875 1 887 2 000 324 317 350 347 498 395 296 343 1 515 Poultry breeding equipment 1 500 540 581 554 561 459 Feed preparation equipment 480 271 523 561 544 Other livestock equipment 444 1 000 Million of euros
1 218 1 200 1 200 1 200 1 200 1 098 1 000 1 000 1 000 500 800
0 2007 2008 2009 2010 2011 2012 2013 3014 2015 2016 Source: Eurostat, AXEMA
38 Economic report 2017 - AXEMA INTERNATIONAL TRADE IN FEED PREPARATION EQUIPMENT
2017 INTERNATIONAL TRADE IN LIVESTOCK FEED PREPARATION EQUIPMENT
Germany 7.0% 13.2% Globally, exports of machinery for feed Netherlands United States preparation were up again in 2017 Italy 1.1% 11.9% China (+10%). They were worth €490.4 m at Canada France 4.4% 5.1% the end of September 2017. The largest Denmark Ireland exporters were Germany (13%), Italy Poland Vietnam (12%), the Netherlands (12%) and China Spain Switzerland (10%). It should be noted that China's United Kingdom Bangladesh exports grew 52% over the period. Russia Belgium Slovakia Germany stood first in the rankings of Austria Algeria the world's leading importer (€537.5 m), Mexico Czech Republic ahead of the United States (€495.7 m), Turkey Japan Vietnam (€396.7 m) and France Israël India (€333.9 m). South Korea Australia Thailand
10% 5% 0% 5% 10% 15% 20%
Imports Exports Source: Customs - IHS Maritime & Trade, AXEMA
FRENCH REGISTRATIONS OF SELF-PROPELLED FEED MIXERS
Registrations of brands of self-propelled feed mixers are increasingly on the rise and should become a reliable source for tracking the performance of players in 2018. Registrations in 2017 increased by 20% to 72 units. Over the 2016/2017 period, Lucas G significantly increased its registrations with a 22% market share (compared to 3.2% in 2014/2015). It is followed by R.M.H. with 21.2% of the market, down by 10.8 points, then Kuhn with 17.4% up by 2.3 points.
REGISTRATIONS OF SELF-PROPELLED MARKET SHARES OF MANUFACTURERS OF 2017 2017 FEED MIXERS IN FRANCE SELF-PROPELLED FEED MIXERS IN FRANCE
40 2014/2015 2016/2017
LUCAS G. 3.2% 22.0% 35
117 R.M.H. 32.0% 21.2%
30 KUHN 15.1% 17.4%
95 STORTI 18.3% 11.4% 25 FARESIN 10.5% 10.6% 102 20 TRIOLIET 3.7% 6.8% 42 72 15 SILOKING TAARUP 9.1% 6.1% 60 51 MATRIX 0.9% 1.5% 10 FACCIA 0.9% 0.8% 27 5 SGARIBOLDI 0.0% 0.8%
Other 6.4% 1.5% 0 2010 2011 2012 2013 2014 2015 2016 2017 General total 100% 100% Source: SIV-DIVA, AXEMA Source: SIV-DIVA, AXEMA Economic report 2017 - AXEMA 39 2.11 ► DAIRY EQUIPMENT
EUROPEAN PRODUCTION - 7.3% FRENCH PRODUCTION - 1.2% FRANCE'S RANK 1st 15th 3st
EUROPEAN CON- INTERNATIONAL INTERNATIONAL TRIBUTOR EXPORTER IMPORTER PRICE INDEX FRENCH TRADE - 10.7% €41.4 m €46.8 m + 32.7% in 2017 - 22.0% in 2017 EXPORTS IMPORTS
EUROPEAN PRODUCTION OF DAIRY EQUIPMENT
European production of dairy equipment was worth €1.1 bn in 2016, down 7% on 2015. Dairy equipment, which represents approximately 2/3 of equipment manufactured in this product category, fell by 3%. The production of milking machines also dropped by 16% in 2016.
2016 EUROPEAN PRODUCTION OF DAIRY EQUIPMENT
1 400 1 223 1 206 1 184 1 157 1 200 1 103 1 093 1 072
974 423 418 937 421 1 000 403 377 854 382 339 Milking machines 237 291 800 285
Dairy equipment 600 Million of euros 783 805 754 700 716 721 763 734 400 683 579
200
0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Source: Eurostat, AXEMA
40 Economic report 2017 - AXEMA INTERNATIONAL TRADE IN MILKING MACHINES
2017 INTERNATIONAL TRADE IN MILKING MACHINES
Netherlands Exports of milking machines Germany 10.4% 13.8% amounted to €282.6 million at the Sweden Canada end of September 2017, an increase United States France 7.0% 0.8% of 4% over one year (€271.1 m). The Japan Russia Netherlands continue to be the main Norway supplier of milking machines, with Belgium Denmark exports worth €95.7 m. France was United Kingdom th Ireland ranked 15 . Italy 1.4% 2.1% China Imports have remained stable over the Israël Turkey period (€219.4 m). Leading importers New Zealand Switzerland of milking machines are Canada Poland Austria (18%), Germany (10%) and France India (7%). Imports from some European Spain Cuba countries have risen sharply: they Finland Ukraine have increased three times for Ukraine, Mexico Qatar twice for Ireland, six times for Croatia Romania and 1.5 time for Greece. 25% 20% 15% 10% 5% 0% 5% 10% 15% 20% 25% 30% 35% 40%
Imports Exports
Source: Customs - IHS Maritime & Trade, AXEMA
THE ROBOTISATION OF FRENCH AGRICULTURAL HOLDINGS
2016 NUMBER OF FARMS EQUIPPED WITH AT LEAST ONE MILKING ROBOT IN FRANCE
6 000 The number of farms equipped with at 5 267 5 500 least one milking robot has increased 5 000 4 806 substantially since the first decade of 4 500 this century. 3 815 4 000 In 2016, 5,267 farms were equipped, 3 500 i.e. 5 times more than in 2007 and
3 000 almost 2.5 times the 2010 figure.
2 500 2 194
2 000
1 500 877 1 000 400 500 40 0 2011 2013 2012 2014 2015 2010 2001 2007 2003 2002 2004 2005 2009 2006 2008 2000 2016e
Source: Institut de l’Elevage, national database checking electronic milk meters installed at farms - e: estimations
Economic report 2017 - AXEMA 41 2.12 ► GARDEN MACHINERY
EUROPEAN PRODUCTION + 0.5%
FRANCE'S RANK 9th 2th
INTERNATIONAL INTERNATIONAL EXPORTER IMPORTER
PRICE INDEX FRENCH TRADE + 1.2% €357.5 m €728.7 m + 10.9% in 2017 + 9.3% in 2017 EXPORTS IMPORTS
EUROPEAN PRODUCTION OF GARDEN MACHINERY
The production of garden machinery was worth €2.9 billion in 2016, up 0.5% on 2015. This increase mainly pertains to forestry equipment (+11%). Rototillers/rotovators, chainsaws and mowers fell by 18%, 5% and 1% respectively.
2016 EUROPEAN PRODUCTION OF GARDEN MACHINERY
4 000 3 644 250 3 500 3 171 951 2 994 2 940 2 901 2 855 2 864 2 878 3 000 856 2 512 128 734 748 2 321 708 631 2 500 807 892 Forestry equipment 738 166 540 107 Rototillers or rotovators 437 177 124 126 100 2 000 528 135 82 157 Chainsaws 718 764 737 763 774 734 Lawn mowers, mowers 1 500 555 676 Million of euros
1 827 1 000 1 620 1 292 1 306 1 380 1 376 1 171 1 161 1 184 1 170 500
0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Source: Eurostat, AXEMA 42 Economic report 2017 - AXEMA MAIN LAWNMOWER MARKETS
2017 INTERNATIONAL TRADE IN LAWNMOWERS
United States At end-September 2017, exports of China mowers were worth a total of €4.0 bn Germany 16.7% 4.6% France 13.0% 3.8% (+10% in a year). The United States and United Kingdom Italy 2.5% 6.7% China supply close to half of the market Netherlands Austria (each with 22% of market share). France Sweden th Canada is ranked 9 with €151.1 m (up by 26%). Poland Belgium Imports have recorded an increase of Mexico Australia 10% at end September 2017. Germany is Japan st Hungary ranked as the 1 customer (€700.0 m), Slovakia Czech Republic followed by France (€544.2 m) and the Denmark United States (€354.8 m). The three Switzerland Norway leading importers are worth 38% and, Spain New Zealand the top 10 73%, of international imports. Russia Ireland Imports from Denmark, that increased by Finland Estonia 23% in 2016, remained at €66.1 m. Argentina Thailand
25% 20% 15% 10% 5% 0% 5% 10% 15% 20% 25% 30%
Imports Exports Source: Customs - IHS Maritime & Trade, AXEMA FRENCH REGISTRATIONS OF GARDEN MACHINERY
Registrations of garden machinery in France climbed substantially in 2017: +86% compared to 2016. Registrations of mowers, compact tractors and utility vehicles respectively increased by 14%, 82% and 127%. Kubota lost 6.5 points of market share and maintained its leading rank ahead of Iseki with 18.9%. Yamaha lost its third rank to Polaris that gained 4.7 points and obtained 16.1% of the market share.
REGISTRATIONS OF GARDEN MARKET SHARES OF MANUFACTURERS 2017 2017 MACHINERY IN FRANCE OF GARDEN MACHINERY IN FRANCE
1 500 2014 2015 2016 2017 7 773 1 350 KUBOTA 33.2% 32.4% 28.8% 22.3%
1 200 4 458 ISEKI 17.3% 19.5% 15.8% 18.9% 4 517 4 386 4 243 4 263 4 321 POLARIS 2.1% 2.1% 11.4% 16.1% 1 050 4 293 6 868 YAMAHA 16.4% 15.1% 13.4% 9.0% 900 BRP 0.0% 0.0% 1.2% 8.9% 2 045 3 029 2 019 1 702 JOHN DEERE 11.5% 10.5% 9.7% 5.8% 750 1 844 1 799 1 677 1 691 LINHAI 0.7% 1.7% 1.8% 4.3% 600 1 260 1 112 1 198 1 228 1 203 1 647 1 500 KIOTI 4.5% 3.8% 3.2% 3.0%
450 SOLIS 1.0% 1.6% 2.2% 1.9% ARCTIC CAT 0.0% 0.0% 0.1% 1.5% 300 GRILLO 1.5% 2.1% 2.3% 1.5% 150 YANMAR 1.1% 1.2% 0.9% 1.1% 0 LS MTRON 1.5% 0.9% 0.8% 0.5% 2010 2011 2012 2013 2014 2015 2016 2017 Other 9.3% 9.1% 8.4% 4.9% Landscaping tractors Utility vehicles (including quads) General total 100% 100% 100% 100% Lawn mowers Source: SIV-DIVA, AXEMA Source: SIV-DIVA, AXEMA Economic report 2017 - AXEMA 43 03 ►
AGRICULTURAL MACHINERY OUTLOOK ►EVOLUTION OF INVESTMENT IN AGRICULTURAL MACHINERY PER REGION: 1990 - 2015
180 000
160 000
140 000
120 000 $ 100 000
Million of 80 000
60 000 Source: FAO, AXEMA estimates FAO, Source: 40 000
20 000
0
1991 2011 1990 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2012 2013 2014 2015
EU Rest of Europe North America Rest of America
Asia Africa Oceania
►THE FRENCH AGRICULTURAL MACHINERY MARKET: 2009 - 2018
7000 +8% +16% 6000 -14% -2% +23% +5% -9% +1% 5000 -15% 4000
6 523 3000 6 043
f: forecast - Source: AXEMA - Source: f: forecast 5 579 5 206 5 489 5 053 Million of euros 4 968 4 999 5 295 4 230 2000
1000
0 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018f 3.1 ► GLOBAL BUSINESS CLIMATE
The indicator summarising the global business climate From mid-2014 to the end of 2016, the business reflects the opinions declared in economic surveys climate of agricultural machinery was degraded carried out twice annually by Agrievolution - Global (negative balance of opinions) indicating a slowdown Alliance. in worldwide sales. Almost 250 companies on all continents fill out the The index thus again turned positive in early 2017 survey. The results are interpreted as follows: the higher and even increased by the end of 2017, driven by a it is, greater is the number of industrial operators who recovery in mature markets (the United States and expect their activity to grow over the next 6 months. Europe) and renewed growth in the emerging markets (China and India, but not Brazil).
2017 GLOBAL BUSINESS CLIMATE
80
60
40
20
0 ct-11 pr-11 ct-17 ct-14 ct-13 ct-12 ct-15 ct-16 ct-10 pr-17 pr-14 pr-13 pr-12 pr-15 pr-16 pr-10 o a o a o o o o a a a o a o a a -20
-40
World business climate index Future situation
Current situation
Balance of opinions - Source: Agrievolution Business Climate Index
46 Economic report 2017 - AXEMA 3.2 ► EUROPEAN BUSINESS CLIMATE
The European business climate index assesses the Leading markets are also those that contribute to month-by-month situation of the Agricultural Machinery the recovery. In that order, the business climate index markets on the basis of a survey of 140 directors from 9 reached 39 in Germany, 33 in Poland, 31 in France and of the main EU countries. 30 in Italy during February 2018. It should be noted that Growth in the current situation throughout 2017 and all surveyed countries have positive balances. the very favourable 6 month sales outlook in early 2018 (balance of opinions at 60) seem to confirm a real expected growth in 2018.
2018 EUROPEAN BUSINESS CLIMATE
100
80
60
40
20
0 v-11 v-17 v-14 v-13 v-12 v-15 v-16 v-10 o v-09 v-08 o o o o o o o eb r-11 n aug-11 o o eb r-17 eb r-14 eb r-13 eb r-12 eb r-15 eb r-16 eb r-18 eb r-10 n aug-17 n n n f aug-14 aug-13 aug-12 n n aug-15 aug-16 n aug-10 may-11 eb r-09 f f f f f f f f may-17 n n aug-09 aug-08 may-14 may-13 may-12 may-15 may-16 may-10 f may-09 -20 may-08
-40
-60
-80
-100
European business climate index Future situation
Current situation
Balance of opinions - Source: CEMA Business Climate Index, CEMA
Economic report 2017 - AXEMA 47 3.3 ► FRENCH AGRICULTURAL MACHINERY MARKET
The French agricultural machinery market Thus the trade deficit in agricultural machinery (except (production - exports + imports) in 2017 ended at exports of greenhouses and second-hand tractors) was €5.1 bn, up 1.1%. only €270 m in 2017. This good result is on account of the French production Early estimates for 2018 indicate consolidation of growth, that grew by 8%, driven by the French market and exports. with a market that would increase by 4.8% to reach At the same time, imports continued to decline by 5%. €5.3 bn.
2018 CHANGES AND OUTLOOK FOR THE FRENCH AGRICULTURAL MACHINERY MARKET
50% 5.1 Bn € 4.2 Bn € 5.2 Bn € 6.0 Bn € 6.5 Bn € 5.6 Bn € 5.5 Bn€ 5.0 Bn € 5.1 Bn € 5.3 Bn € 40%
30%
20%
10%
0%
-10%
-20%
-30%
-40% 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018(f)
Exports Imports Production Market
Annual variation in the 12-month total - f: forecast - Source: AXEMA
48 Economic report 2017 - AXEMA 3.4 ► ROBOTICS IN 2035
Development of agricultural automation will be one of the drivers of global growth in agricultural machinery sales. We estimate that the global market could reach $196 bn in 2035 from $131 bn in 2016. Robotics, presently still underdeveloped, is expected to increase considerably to reach 58% of global investments in 2035. These new technologies are likely to spread based to the following use (as % of the total robots in 2035): autonomous tractors (42%), tillage (20%), dairy management (20%), crop protection (11%), drones and equipment management (3% respectively) and livestock management (1%).
2035 AGRICULTURAL MACHINERY SALES OUTLOOK FOR AGRICULTURAL ROBOTS
250 000 120 000
200 000 100 000
80 000 150 000 60 000
100 000 40 000 Million $ 20 000
50 000 0 2035 Self-driven tractors Tillage, seeding, plantation 0 Agricultural drones Animal management Equipment management Dairy management 2017 2016 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Fertilization, crop and forest protection work
Robot sales Agro-equipment sales
Source: AXEMA, calculations based on Tractica
2035 ROBOTS PER CATEGORY OF AGRICULTURAL MACHINERY IN FRANCE
Million $ 2035 In France, half of an estimated market of $8.3 bn in 2035 ($5.5 bn Agricultural Machinery market 8,300 in 2016), is likely to be driven by Dairy management 840 sales in robotics. Livestock management 30 Autonomous tractors would account Tillage, seeding, planting 840 for 20% of the market value i.e.
Fertilisation work, crop protection, forest protection 460 $1.7 bn and tillage robots would be worth $800 m in sales. Equipment management 140
Farm drones 115
Autonomous tractors 1,700 TOTAL Robot 4,125
Source: AXEMA, calculations based on Tractica
Economic report 2017 - AXEMA 49 3.5 ► AGRICULTURAL PROSPECTS FOCUS ARGENTINA 9th country in terms of surface area, Argentina has a high farming potential (54% of agricultural land). Farms are large in size (average 560 ha) and the population will increase by 25% by 2050. Agricultural needs as well as needs for agricultural machinery will therefore grow for this net exporter of agricultural products (unsaturated market).
THE POPULATION OF ARGENTINA WILL INCREASE BY 24.8% BY 2050: 2017 44,271,000 2050 55,228,913
274 million ha th US$ 36,650 million Country ranking 9 of surface area (total of agricultural production (2014) country) or 13.5% of the production of 53.9% of the overall South America 148 million ha surface area of the country of agricultural land 13%
87% 87% 13% of crop production of livestock production 148 million ha 13.9% of arable land of agricultural land 276,581 farms (2008) 560 ha Average size of professional farms
12,00012000 14001,400 Credits granted to agriculture (Mn $) GDP (purchasing power parity): GFCF (Gross Fixed Capital Formation) in agricultural machinery 1,200 10,00010000 1200
10001,000 8,0008000 800800 Tertiary sector 6,0006000 600600 30.2% 4,0004000 Secondary sector 200400 58.4%
2,0002000 400 Primary sector 200 11.4% 0 0 2011 1991 1997 2013 2012 1993 1992 2014 2015 1994 1995 2016 1996 1999 1998 2010 2001 1990 2007 2003 2002 2004 2005 2009 2006 2008 2000 2011 1991 1997 2013 2012 1993 1992 2014 2015 1994 1995 2016 1996 1999 1998 2001 2010 1990 2007 2003 2002 2004 2005 2006 2009 2008 2000
AMERICA MAIN IMPORTS - VOLUME (2016) Imports ARGENTINA 2016 Sprayers and similar 18,399,551 Agricultural machinery market (Mn $ - 2015) 1,908 * 42,806 Lawnmowers 59,306 Agricultural machinery production (Mn $ - 2015) Agricultural tractors 10,407 1,497 * 38,275 Rototillers 1,883 M-X US $ bn (Mn $ - 2015) 411 4,531 Presses (wine, cider, juice) 1,237 M-X US $ bn (Mn $ - 2016) Incubators 823 555 - Fertilizer spreaders / distributors 711 Stock value in 2007 10,835 - Combine harvesters 280 ($ Mn, constant price 2005) (*: AXEMA estimate) (M-X) = Imports - Exports - Sources: FAO, World Bank, IHS, UN, Axema
50 Economic report 2017 - AXEMA FOCUS IRAN Iran produces 2.3% of Asia’s agricultural resources. The country has several small farms and investments in agricultural machinery has increased 2.3 times over ten years, signalling a willingness to mechanize the sector. The agricultural equipment market is important here ($ 628 million).
THE POPULATION OF IRAN WILL INCREASE BY 15.3% BY 2050: 2017 81,162,800 2050 93,553,405
153 million ha th US$ 40,513 million Country ranking 19 of surface area (total of (2014) agricultural production country) or 2.3% 30.1% of the overall of Asia’s production 46 million ha surface area of the country of agricultural land 13%
87% 87% 13% of crop production of livestock production 10.8% 17 million ha of agricultural land of arable land 4,332,423 farms (2008) 5 ha Average size of professional farms (crops only)
35,00035 000 800800 Credits granted to agriculture (Mn $) GDP (purchasing power parity): GFCF (Gross Fixed Capital Formation) in agricultural machinery 700 30,00030 000 700 600600 25,00025 000 500500 20,00020 000 Tertiary sector 400400 15,00015 000 39.9% 300300 51.0% Secondary sector 10,00010 000 200200 Primary sector 5,0005 000 100100 00 00 2011 1991 1997 2013 2012 1993 1992 2014 2015 1994 1995 2016 1996 1999 1998 2001 2010 2007 2003 2002 2004 2005 2009 2006 2008 2000 9.1% 2011 1991 1997 2013 2012 1993 1992 2014 2015 1994 1995 2016 1996 1999 1998 2001 2010 2007 2003 2002 2004 2005 2006 2009 2008 2000
ASIA MAIN IMPORTS - VOLUME (2016) Imports IRAN 2016 Sprayers and similar 1,090,984 Agricultural machinery market (Mn $ - 2009) 628 * 46,481 Lawnmowers 56,860 Poultry breeding machines 40,101 Agricultural machinery production (Mn $ - 2009) 432 * 48,384 Tractors 2,236 Presses (wine, cider, juice) 1,484 M-X US $ bn (Mn $ - 2009) 196 - 1,903 Ploughs 1,409 Rototillers 1,348 M-X US $ bn (Mn $ - 2016) 189 - Combine harvesters 1,159 Seeders 1,134 Agricultural tractor fleet in 2007 308,422 - Incubators 385
(M-X) = Imports - Exports - Sources: FAO, World Bank, IHS, UN, Axema (*: AXEMA estimate)
Economic report 2017 - AXEMA 51 FOCUS NIGERIA The agricultural sector accounts for 1/5 of Nigeria's GDP. With a return to agriculture in recent years (linked to a decline in revenue from oil), as well as the forthcoming demographic boom (+115% by 2050), the importance of this sector can only increase. While Nigerian agriculture is still poorly mechanized (85% of farms are family-owned), it has high potential for development.
THE POPULATION OF NIGERIA WILL INCREASE BY 115.1% BY 2050: 2017 190,886,000 2050 410,637,864
91 million ha th US$ 64,182 million Country ranking 33 of surface area (total of (2014) agricultural production country) or 26.8% 78.0% of the overall of Africa’s production 71 million ha surface area of the country 2.5% of agricultural land
97.5% 97.5% 2.5% 37.3% of crop production of livestock production 34 million ha of agricultural land of arable land 308,000 farms (1960)
< 1.5 ha Average size of 85% of the family farms
50 ha Average size of the other farms that are of agro-industrial type
33,500 500 Credits granted to agriculture (Mn $) 350350 GFCF (Gross Fixed Capital Formation) in agricultural machinery GDP (purchasing power parity): 33,000 000 300300
22,500 500 250250
200 22,000 000 200 18.3% Tertiary sector
11,500 500 150150 Secondary sector 11,000 000 100100 60.1% 21.6% Primary sector 500500 5050
0 0 2011 1991 1997 2013 2012 1993 1992 2014 2015 1994 1995 2016 1996 1999 1998 2001 2010 2007 2003 2002 2004 2005 2006 2009 2008 2000
AFRICA MAIN IMPORTS - VOLUME (2016) Imports NIGERIA 2016 Sprayers and similar 1,197,985 Agricultural machinery market (Mn $ - 2016) 94 * 2,204 Poultry breeding machines 345,312 Lawnmowers 6,126 Agricultural machinery production (Mn $ - 2016) Seeders 2,402 8 * 246 Incubators 1,198 M-X US $ bn (Mn $ - 2016) Rototillers 754 86 1,958 Presses (wine, cider, juice) 741 Ploughs Agricultural machines in operation in 2007 476 (no.) 52,929 Agricultural tractors 457 Trailers and semi-trailers 195 Of which agricultural tractors in 2007 24,800 Combine harvesters 142 (*: AXEMA estimate) (M-X) = Imports - Exports - Sources: FAO, World Bank, IHS, UN, Axema
52 Economic report 2017 - AXEMA FOCUS UKRAINE The agricultural sector holds an important place in the Ukrainian economy (14% of GDP). Here, agriculture is partly mechanized, but investments in the agricultural sector are strong (1.5 billion in 2014). The agricultural equipment market is quite important here ($ 740 million). Only one third of the demand is made up by the national supply.
THE POPULATION OF UKRAINE WILL DECREASE BY 17.7% BY 2050: 2017 44,222,900 2050 34,415,706
58 million ha th US$ 27,893 million Country ranking: 47 of surface area (total of (2014) agricultural production country)
17% 71.2% of the overall million ha 83% 83% 17% 41 surface area of the country of crop production of livestock production of agricultural land
150 farms: 56.1% 33 million ha of agricultural land > 10,000 ha of arable land
40,000 farms: > 10 ha and < 1000 ha
4,1 Million of micro farms: < 10 ha (average 1 ha)
6,0006000 800800 Credits granted to agriculture (Mn $) GDP (purchasing power parity): GFCF (Gross Fixed Capital Formation) in agricultural machinery 700700 5,5005000 600600 4,0004000 500500 Tertiary sector 3,0003000 400400 27.5% Secondary sector 300300 2,0002000 58.5% 200200 Primary sector 1,0001000 15.0% 100100
00 00 2011 1991 1997 2013 2012 1993 2014 2015 1992 1994 1995 2016 1996 1999 2010 1998 2001 1990 2007 2003 2002 2004 2005 2009 2006 2008 2000 2011 1991 1997 2013 2012 1993 1992 2014 2015 1994 1995 2016 1996 1999 1998 2001 2010 1990 2007 2003 2002 2004 2005 2006 2009 2008 2000
EUROPE MAIN IMPORTS - VOLUME (2016) Imports UKRAINE 2016 Sprayers and similar 882,812 Agricultural machinery market (Mn $ - 2015) Lawnmowers 91,980 740 * 44,460 Ploughs 17,428 Agricultural machinery production (Mn $ - 2015) Agricultural tractors 17,241 228 * 43,894 Rototillers 16,674 M-X US $ bn (Mn $ - 2015) Poultry breeding machines 6,283 512 566 Haymaking equipment 4,290 Agricultural machines in operation in Seeders 3,703 2007 (no.) 536,690 - Combine harvesters 2,650 Cereal processing machines 2,425 Of which agricultural tractors in 2007 336,848 - Fertilizer spreaders / distributors 1,647 (*: AXEMA estimate) (M-X) = Imports - Exports - Sources: FAO, World Bank, IHS, UN, Axema
Economic report 2017 - AXEMA 53 3.6 ► ECONOMIC OVERVIEW OF FARMS IN FRANCE
Farms are highly fragmented. In 2015, on an average, they comprised 3 annual workers and 67% of them had a turnover less than € 250,000. Among the 15 economic and technical orientations (ETO), the first five represent 71% of the 296,800 farms existing in 2015. These are, in decreasing order, producers of cereals, oilseeds and protein crops (18%), milk cattle (15%), wine (15%), mixed farming (12%) and beef cattle (11%). These five categories however contributed only 61% of the standard gross output in 2015. In 2016, operating agricultural income before taxes (EBT) fell by 29% on average to €18,293 compared to €25,765 in 2015. The evolution of prices and climatic uncertainties help to explain this downward trend in the cereal, oilseed and protein crops. In 2016, their average EBT was the only one in the negative, by €-5,298, on account of the drop in their production and yield. Nevertheless, some farms such as pig breeders and tree crops performed well with an EBT in 2016 up 198% and 18% on 2015.
2016 OPERATING INCOME BEFORE TAXES PER FARM IN FRANCE FROM 2005 TO 2016
110 100 90 80 70 60 50 40 Thousand € 30 20 10 0 -10 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Cereals, oilseeds, protein crops Viticulture Mixed farming
General crops Dairy
Market gardening Beef cattle
Source: SSP, RICA 2017 - Provisional 2016 results
54 Economic report 2017 - AXEMA 2016 KEY OPERATING FIGURES IN 2016
Technical and economic Average UAA Variation Farms with negative Gross operating Number of farms EBT in € orientation in 2016 (ha) 2016/2015 EBT without subsidies profit/Turnover
Cereals, oil seeds, protein crops 52,363 107 -5,298 -125% 89% 23%
Viticulture 45,804 17 55,727 -10% 15% 37%
Milk cattle 45,223 79 23,671 -20% 64% 37%
Mixed farming, mixed-livestock 37,048 103 12,410 -58% 79% 31%
Beef cattle 28,825 80 24,837 -7% 85% 59%
General crops 19,722 109 26,863 -53% 60% 30%
Market gardening 4,909 8 57,385 3% 21% 26%
Together 297,886 72 25,569 -29% 60% 33%
Gross operating profit/Turnover: Gross Operating Profit / Turnover - Source: SSP, RICA 2017 - Provisional 2016 results
The drop in results is contained by subsidies of on average €32,068 received by farms in 2016. 89% of the farms received subsidies in 2016. This aid enabled 39% of French farms to obtain a positive EBT. Without subsidies, with the exception of farms in viticulture, tree crops and pig breeding, all the others would have a negative rate of return since 2012.
2015 COMPOSITION OF FIXED ASSETS PER TYPE AND PER FARM IN 2015
450
400
350 137 20 300 32
84 88 23 16 250 66 8 1 124 7 45 47 200 57 27
Thousand € 76 7 110 61 26 11 1 70 150 36 50 39 54 77 100 25 84 44 47 123 21 87 99 50 91 79 58 53 56
0 Beef Dairy Mixed General Viticulture Cereals, Vegetable Total cattle farms crops oilseeds crops protein crops
Equipment Constructions Plantations
Land Breeding animals Other assets
Source: SSP, RICA 2017 - Provisional 2016 results In 2016, fixed assets on average by farm comprised 59% of all assets (current and fixed), and were worth €439,500. Within the fixed farm assets, greatest growth was seen in the assets related to equipment by an average of 59% from 2005 to 2015. During the same period, fixed assets related to construction, breeding animals and land respectively grew by 52%, 42% and 2%. For cereal, oilseed and protein crop farms and general crop farms, equipment continues to hold the greatest share of their capital assets, 44% and 39% respectively.
Economic report 2017 - AXEMA 55 2016 VARIATION IN PURCHASE AND OPERATING COSTS SINCE 2005
140 Personnel charges
Taxes
120 Insurance
Rent and tenant farming 100 Equipment maintenance and repairs
Third party work 80
60 Supplies Fuel and lubricants Thousand Euros 40 Veterinary products
Cattle feed
20 Phytosanitary products
Seeds and plants 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 * Fertilizers and amendmentssoil improvers
Source: SSP, RICA 2017 - Provisional 2016 results
Spending on intermediate consumption decreased in 2016. This was mainly on account of the drop in the price of oil resulting in 18% decrease in expenses between 2012 and 2015. These savings do not offset the 11% increase in operating costs from 2012 to 2015. Largest increases of 16% and 12% were for work by third-parties, and rents and tenant farming respectively.
2016 VARIATION IN GROSS AND NET INVESTMENTS AFTER ALLOCATIONS SINCE 2005
35 4
30 2
25 0 Total net investment (Inv – deprec)
20 -2 Other investments
Total investments – Constructions 15 -4 Total investments – Land Thousand Euros Total investments – Equipment 10 -6
5 -8
0 -10 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 *
Source: SSP, RICA 2017 - Provisional 2016 results In 2016, financial resources of farms (Gross operating profit) decreased by 16% on average to reach €60,198. Its immediate consequence was the increase in debt burden on farms by 11% (debt repayments in Gross operating profit). Debt ratio remained high, at 43%, exceeding its 2009 record level (42%). Medium and long-term debt averaged €190,000 in 2016, higher than the average turnover of €183,800. Second consequence of this weakening financial equilibrium was a sharp fall in investments, which dropped to €26,500 in 2016, down 13% on 2015. Average investments had not fallen below the €27,000 mark since 2010. Topmost investment item (59% of the total) for equipment and tools decreased by 12% between 2015 and 2016.
56 Economic report 2017 - AXEMA 2018 WHAT IS THE INVESTMENT POTENTIAL PER FARM IN 2018?
-8 Cereals, oil seeds, protein crops -7 General crops
-6
-5 Mixed farming, mixed-livestock
-4 -120 -100 -80 -60 -40 -20 20 40 60 80 100
Milk cattle Beef cattle -3 Mixed grain-eaters Mixed cattle
-2 Horticulture in €k in equipment (gross investment - allocations) - allocations) investment (gross in €k equipment
Need for net investment: average from 2010 to 2015, from average investment: net Need for Sheep and goats Arboriculture -1 Poultry Vegetable growers
Viticulture Pigs 0
Investment capacity: 2016 growth rate of EBT on an average from 2010 to 2015
Source: SSP, RICA 2017 - Provisional 2016 results
Top right: In 2016, no farm combined a need for mechanisation and good economic result compared to the previous years. At the top left of the table: With an increase in agricultural production and prices in 2017 and 2018, these farms would be able to reinvest in equipment in 2018. Uncertain climatic conditions have weighed heavily on the cereal, oilseed and protein crop farms in 2016. Farms in Île-de-France, Centre, Bourgogne-Franche-Comté and in the Grand- Est depicted an EBT per asset under €-10,000 in 2016. The gross operating profit of general crops was down by 30% on 2015. Higher potato prices and increase in production helped to offset the 11% drop in subsidies and the 4% increase in the costs of phytosanitary products. Bottom right of the table: Some of these farms delivered good results in 2016, for example, winemakers in Alsace, farms specialising in the production of pears and even pig farmers. But they have already started reinvesting since 2015. In 2016, 25% of vegetable growers had achieved an EBT per asset of more than €55,104, they therefore have potential resources to invest. Bottom left of the table: A delay in investment in equipment is attributed to the decline in results of livestock farms in 2016 and the efforts made to make buildings compliant with the standard in the recent years. There is a greater spread of results among wine growers. Climatic conditions have caused a decline in the production of wine-growing holdings, particularly 10% in Charente, 9% in Burgundy and 6% in Languedoc-Roussillon. All other regions showed an increase, topped by Alsace with 8%.
Economic report 2017 - AXEMA 57 04 ►
APPENDICES ►FRENCH AND EUROPEAN PRODUCTION PER TYPE OF AGRICULTURAL MACHINERY IN 2016
►FRENCH EXPORTS / IMPORTS OF AGRICULTURAL MACHINERY PER CATEGORY
►FRENCH EXPORTS OF AGRICULTURAL MACHINERY PER REGION
►FRENCH IMPORTS OF AGRICULTURAL MACHINERY PER REGION
►FRENCH EXPORTS OF AGRICULTURAL MACHINERY PER COUNTRY
►FRENCH IMPORTS OF AGRICULTURAL MACHINERY PER COUNTRY 2016 FRENCH AND EUROPEAN PRODUCTION PER TYPE OF AGRICULTURAL MACHINERY IN 2016 EU (28) France French contribution Weighting of each Weighting of each Value (€ m) Value (€ m) (as a %) category category New agricultural tractors 7,575 20% 1,405 33% 18.5% Parts and accessories 4,473 12% 499 12% 11.2%
Harvesting and viticulture equipment 3,995 11% 131 3% 3.3%
Garden machinery 2,878 8% 75 2% 2.6% Miscellaneous agricultural equipment 2,666 7% 112 3% 4.2% Livestock equipment 1,887 5% 342 8% 18.1% Transport and handling equipment 1,483 4% 345 8% 23.2% Haymaking equipment 1,155 3% 135 3% 11.7% Irrigation and crop protection equipment 1,202 3% 227 5% 18.9% Dairy equipment 1,072 3% 221 5% 20.6% Seeding and planting equipment 1,048 3% 94 2% 8.9% Tillage equipment 1,090 3% 354 8% 32.5% Products with statistical confidentiality 7,341 19% 344 8% 4.7%
Total 37,864.7 100% 4,281.6 100% 11.3% Source: EUROSTAT, INSEE, AXEMA calculations
2017 FRENCH EXPORTS / IMPORTS OF AGRICULTURAL MACHINERY PER CATEGORY
EXPORTS IMPORTS Variation for Variation for In thousands of € 2015 2016 2017 2015 2016 2017 2017 / 2016 2017 / 2016 New agricultural tractors 1,026,513 1,126,208 - - 1,330,332 1,162,021 - - New and second-hand agricultural tractors - - 1,318,733 - - - 1,035,318 - Miscellaneous machines 18,744 27,254 - - 53,630 46,489 - - Tillage equipment 116,522 113,188 135,552 19.8% 110,544 105,536 112,288 6.4% Seeding and planting equipment 120,831 120,380 - - 126,509 126,082 - - Seeding and planting equipment - - 135,666 12.7% 116,388 -7.7% Garden machinery 324,831 322,281 357,474 10.9% 668,498 666,650 728,698 9.3% Haymaking equipment 158,619 139,508 165,216 18.4% 102,565 95,672 107,175 12.0% Harvesting equipment 211,878 207,389 239,811 15.6% 516,616 419,255 310,042 -26.0% Irrigation and crop protection equipment 64,818 69,708 - - 130,285 119,566 - - Irrigation and crop protection equipment - - 69,329 -0.5% - - 108,480 -9.3% Grape harvesting equipment 29,264 32,451 31,792 -2.0% 11,033 14,394 17,141 19.1% Dairy equipment 30,695 31,220 41,439 32.7% 73,740 60,025 46,850 -22.0% Livestock equipment 54,559 53,576 55,773 4.1% 50,593 43,272 49,835 15.2% Miscellaneous agricultural equipment 112,803 120,594 156,892 30.1% 179,899 180,761 168,279 -6.9% Transport and handling equipment 200,854 185,695 150,717 -18.8% 104,412 98,286 86,717 -11.8% Parts and accessories 458,413 480,965 439,796 -8.6% 623,955 610,369 655,078 7.3% Total 2,929,342 3,030,420 3,298,190 8.8% 4,082,611 3,748,378 3,567,557 -4.8%
Source: Customs-IHS Maritime & Trade, AXEMA
2017 FRENCH EXPORTS OF AGRICULTURAL MACHINERY PER REGION
IN THOUSANDS OF € % MARKET SHARE VARIATION FOR 2015 2016 2017 2015 2016 2017 2017/2016
Europe 2,328,602 2,321,637 2,419,756 79.5% 76.6% 73.4% 4.2% Asia 134,192 172,726 316,795 4.6% 5.7% 9.6% 83.4%
Americas 222,528 290,796 256,924 7.6% 9.6% 7.8% -11.6%
Oceania 104,270 119,973 171,883 3.6% 4.0% 5.2% 43.3% Africa 139,527 125,097 132,680 4.8% 4.1% 4.0% 6.1% Other 223 191 151 0.0% 0.0% - - International 2,929,342 3,030,420 3,298,190 100% 100% 100% 8.8%
Source: Customs-IHS Maritime & Trade, AXEMA 60 Economic report 2017 - AXEMA 2017 FRENCH IMPORTS OF AGRICULTURAL MACHINERY PER REGION
IN THOUSANDS OF € % MARKET SHARE VARIATION FOR 2015 2016 2017 2015 2016 2017 2017/2016
Europe 3,352,315 3,085,992 2,878,794 82.1% 82.3% 80.7% -6.7% Asia 397,361 376,952 438,252 9.7% 10.1% 12.3% 16.3%
Americas 300,370 265,284 239,249 7.4% 7.1% 6.7% -9.8%
Oceania 3,149 2,319 3,375 0.1% 0.1% 0.1% 45.5% Africa 838 888 1,871 0.0% 0.0% 0.1% 110.7% Other 28,578 16,942 6,016 0.7% 0.5% 0.2% -64.5% International 4,082,611 3,748,378 3,567,557 100% 100% 100% -4.8% Source: Customs-IHS Maritime & Trade, AXEMA 2017 FRENCH EXPORTS OF AGRICULTURAL MACHINERY PER COUNTRY
Variation for In thousands of € 2015 % of total 2016 % of total 2017 % of total 2017/2016 Germany 601,518 20.5% 551,461 18.2% 558,857 16.9% 1.3% United Kingdom 232,660 7.9% 264,377 8.7% 245,211 7.4% -7.2%
Spain 164,046 5.6% 177,186 5.8% 173,573 5.3% -2.0%
Belgium 143,545 4.9% 177,112 5.8% 167,855 5.1% -5.2% Italy 169,505 5.8% 151,417 5.0% 139,996 4.2% -7.5% Poland 143,709 4.9% 136,129 4.5% 139,886 4.2% 2.8% USA 132,381 4.5% 106,396 3.5% 129,068 3.9% 21.3% Russia 101,234 3.5% 81,468 2.7% 123,170 3.7% 51.2% Australia 62,603 2.1% 80,265 2.6% 104,753 3.2% 30.5% Ukraine 44,235 1.5% 75,573 2.5% 98,979 3.0% 31.0% Netherlands 83,598 2.9% 73,332 2.4% 90,348 2.7% 23.2% Austria 69,009 2.4% 71,643 2.4% 81,645 2.5% 14.0% Japan 74,884 2.6% 71,181 2.3% 73,892 2.2% 3.8% Sweden 49,990 1.7% 69,420 2.3% 70,083 2.1% 1.0% Turkey 25,293 0.9% 60,426 2.0% 69,852 2.1% 15.6% Switzerland 59,805 2.0% 59,443 2.0% 66,549 2.0% 12.0% Other 771,328 26.3% 823,592 27.2% 964,472 29.2% 17.1% Total 2,929,342 100% 3,030,420 100% 3,298,190 100% 8.8% Source: Customs-IHS Maritime & Trade, AXEMA 2017 FRENCH IMPORTS OF AGRICULTURAL MACHINERY PER COUNTRY
Variation for In thousands of € 2015 % of total 2016 % of total 2017 % of total 2017/2016 Germany 1,345,018 32.9% 1,151,980 30.7% 1,248,253 35.0% 8.4% Italy 538,134 13.2% 506,187 13.5% 448,124 12.6% -11.5%
China 276,934 6.8% 240,977 6.4% 240,729 6.7% -0.1%
USA 235,138 5.8% 227,391 6.1% 218,209 6.1% -4.0% Austria 208,655 5.1% 212,258 5.7% 203,919 5.7% -3.9% Netherlands 222,716 5.5% 212,241 5.7% 187,217 5.2% -11.8% Japan 209,090 5.1% 187,704 5.0% 134,431 3.8% -28.4% Finland 184,828 4.5% 186,167 5.0% 117,793 3.3% -36.7% Belgium 117,296 2.9% 131,612 3.5% 112,560 3.2% -14.5% United Kingdom 153,771 3.8% 131,368 3.5% 100,857 2.8% -23.2% Hungary 96,776 2.4% 75,998 2.0% 75,974 2.1% 0.0% Spain 57,950 1.4% 69,379 1.9% 63,108 1.8% -9.0% Sweden 66,130 1.6% 68,030 1.8% 60,912 1.7% -10.5% Poland 52,624 1.3% 59,785 1.6% 60,344 1.7% 0.9% Slovakia 40,267 1.0% 39,247 1.0% 48,284 1.4% 23.0% Denmark 49,871 1.2% 37,868 1.0% 46,776 1.3% 23.5% Other 227,414 5.6% 210,183 5.6% 200,065 5.6% -4.8% total 4,082,611 100% 3,748,378 100% 3,567,557 100% -4.8% Source: Customs-IHS Maritime & Trade, AXEMA Economic report 2017 - AXEMA 61 05 ►
INDEX 5.1 ►INDEX OF PICTOGRAMS & SYMBOLS
PICTOGRAMS FOR GRAPHICS:
International Europe France 2017 Year
PICTOGRAMS OF PRODUCT / EQUIPMENT CATEGORIES:
Agricultural tractors Tillage equipment
Harvesting equipment for Seeding, planting and fertilizing large-scale crops equipment
Irrigation and crop protection Other harvesting equipment equipment
Transport and handling Viticulture equipment equipment
Haymaking equipment Livestock equipment
Dairy equipment Garden machinery
PICTOGRAMS FOR INFORMATION FRAMES:
Manufacturers France's rank Exports Imports
PICTOGRAMS FOR GRAPHICS IN CHAPTER HEADERS:
Parts and accessories Production of agricultural machinery Miscellaneous agricultural equipment France
Storage equipment Europe Crop production International imports of agricultural Agricultural services machinery International exports of agricultural Livestock production machinery
Economic report 2017 - AXEMA 63 5.2 ►INDEX OF GRAPHICS
INTERNATIONAL
Agricultural Machinery sales outlook for agricultural robots 49
Agricultural outlook, focus Argentina 50
Agricultural outlook, focus Iran 51
Agricultural outlook, focus Nigeria 52
Agricultural outlook, focus Ukraine 53
Evolution of investment in agricultural machinery per region: 1990 - 2015 45
Global business climate in the Agricultural Machinery sector 46
International exports of Agricultural machinery per category in 2017 7
International trade in agricultural machinery in 2017 7
International trade in agricultural tractors 19
International trade in agricultural trailers 35
International trade in balers 23
International trade in combine harvesters 21
International trade in haymaking equipment 27
international trade in lawnmowers 43
international trade in livestock feed preparation equipment 39
international trade in milking machines 41
international trade in ploughs, scarifiers and cultivators 29
international trade in presses 25
international trade in seeders, planters and transplanters 31
international trade in sprayers 33
EUROPE
European Agricultural Machinery markets in 2016 15
European business climate in the Agricultural Machinery sector 47
European production of agricultural handling equipment 37
European production of agricultural tractors 18
European production of agricultural trailers 34
European production of cereal and root crop harvesting equipment 20
European production of dairy equipment 40
European production of garden machinery 42
European production of haymaking equipment 26
European production of irrigation and crop protection equipment 32
European production of livestock equipment 38
64 Economic report 2017 - AXEMA European production of other harvesting equipment 22
European production of presses 24
European production of seeding, planting and fertilizing equipment 30
European production of tillage equipment 28
Production and trade in agricultural machinery per EU country 16
Structure of the agricultural machinery industry in the European Union 10
Structure of the agricultural machinery trade in the European Union 11
Trade balance for agricultural machinery per EU country 17
FRANCE
Agricultural tractors 18
Breakdown of industrial operators by company size and type in France 12
Changes and outlook for the French Agricultural Machinery market 48
Comparative variation in jobs in the Industry and Agricultural Machinery in France 13
Composition of fixed assets per type and per farm in 2015 55
Dairy equipment 40
French and European production per type of Agricultural Machinery in 2016 60
French Exports / Imports of Agricultural Machinery per category 60
French exports of Agricultural Machinery per country 61
French exports of Agricultural Machinery per region 60
French imports of Agricultural Machinery per country 61
French imports of Agricultural Machinery per region 61
Garden machinery 42
Harvesting equipment for large-scale crops 20
Haymaking equipment 26
Irrigation and crop protection equipment 32
Key operating figures in 2016 55
Livestock equipment 38
Margins in the Industry and agricultural machinery in France 13
Market shares of manufacturers of agricultural trailers 36
Market shares of manufacturers of cereal seeders 31
Market shares of manufacturers of combine harvesters 21
Market shares of manufacturers of garden machinery 43
Market shares of manufacturers of independent disc tillage machinery 29
Market shares of manufacturers of manure spreaders 36
Market shares of manufacturers of round balers 23
Market shares of manufacturers of self-loading feed trailers 27
Market shares of manufacturers of self-propelled feed mixers 39
Market shares of manufacturers of self-propelled sprayers 33
Economic report 2017 - AXEMA 65 Market shares of manufacturers of self-propelled viticulture equipment 25
Market shares of manufacturers of standard tractors 19
Market shares of manufacturers of telescopic handlers 37
Number of farms equipped with at least one milking robot in France 41
Operating income before taxes per farm in France from 2005 to 2016 54
Other harvesting equipment 22
Profile of AXEMA member companies 7
Registrations in cereal and single grain seeders in France 31
Registrations of agricultural trailers in France 35
Registrations of agricultural trailers per category 35
Registrations of feed harvesting equipment in France 23
Registrations of garden machinery in France 43
Registrations of independent disc and roller tillage machinery in France 29
Registrations of self-loading feed trailers in France 27
Registrations of self-propelled feed mixers in France 39
Registrations of self-propelled harvesting equipment in France 21
Registrations of self-propelled sprayers in France 33
Registrations of self-propelled viticulture and arboriculture equipment in France 25
Registrations of standard agricultural tractors in France 19
Registrations of telescopic handlers in France 37
Robots per category of Agricultural Machinery in France 49
Seeding, planting and fertilizing equipment 30
The French Agricultural Machinery market: 2009-2018 45
The French contribution to European production 15
Tillage equipment 28
Transport and handling equipment 34 variation in average purchase and operating costs since 2005 56 variation in gross and net investments after allocations since 2005 56 variation in industrial production in France 8 variation in turnover in France 9
Viticulture equipment 24
What is the investment potential per farm in 2018? 57
66 Economic report 2017 - AXEMA published by AXEMA With support from AXEMA PROMOTION & SERVICES
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