Comments worldwide supply and demand of agricultural machinery – agricultural machinery – Machinery

Article by jekky

Since the beginning of human civilization, cultivation of land is a basic task of all mankind. But today many countries in agricultural production and crop varieties, there is a huge difference. In many developed countries, small farms have been transformed into agricultural companies, only less than 5% of the labor force engaged in agricultural production, mainly by capital investment, technological progress, intensive agriculture and the resulting higher labor productivity. North America, Western Europe and certain Pacific Rim adequate farm income, and farmers to buy Agricultural machinery There are adequate safeguards in loans and financial support. In Africa, Asia and Latin America the situation is just the opposite, agricultural income is still low, lack of funds, many are still using hand plows production. Irony and tragedy means that if the less developed areas of agricultural productivity can improve, then many of these countries will benefit, but now they get no money for capital equipment investment. However, there are positive changes taking place in this situation, many countries with different levels of economic growth emerged. Thus, while the developed countries in the global agricultural machinery market accounted for a large share, but in 2005 and 2010, the United States, Japan and Western Europe will slow market growth (average annual growth of 1.0% ~ 2.3%). Asia-Pacific, Latin America, Africa / Middle East and Eastern Europe the growth of the four regions will be significantly accelerated, including the Asia-Pacific region will achieve an average annual growth of 7.9%, 6.2% Latin America, Africa / Middle East 5.5%, 5.8% in Eastern Europe. The world’s fastest growing market is China, the average annual growth rate of 11%. Demand and supply A particular region or country does not mean that a larger proportion of agricultural production will become the largest market for agricultural machinery. This phenomenon is particularly common in developing countries, these countries the human and draft animals used for agricultural production has centuries of history. In fact, the world’s largest agricultural output in 5 countries, 4 countries (Brazil, Russia, India and China) the utilization rate of agricultural machinery below the world average. Of these, India Agricultural Machinery Of the largest gap, 60% of the country’s labor force engaged in agricultural production, but the share of agriculture in GDP is only 20%. In the above-mentioned four countries, most basic type of agricultural self-limited income, even the most low-end machinery and equipment also can not afford. However, the agricultural sector groups in these countries are emerging, some of their equipment manufacturer has a foothold in the market. India’s Mahindra & Mahindra is the leader of these enterprises, which is now the world’s fourth largest tractor manufacturer, and may in 2010 to become the world’s largest tractor manufacturer. 2005 ~ 2010, the global demand for agricultural machinery will achieve average annual growth of 4.8%, the total market in 2010 will reach 89 billion U.S. dollars. Weakness in the U.S. market, the impact of growth in this period than from 2000 to 2005, growth has slowed. 2005 to 2010, hoping to promote a favorable economic conditions in developing regions and agricultural production and farmers income growth, so that the demand for agricultural machinery of growth. Asia-Pacific, Latin America, Eastern Europe, Africa / Middle East region, the use of advanced equipment and technology to help farmers increase productivity potential. Rising labor costs and small farms alliance will promote investment in new products and the growth of automation. But it is undeniable that many small farms will choose cheap and used equipment, which will certainly make the new equipment Pin Sale blocked. 2005, the global demand for agricultural machinery market total 70.2 billion U.S. dollars, in addition to Western Europe and Japan, import and export trade in agricultural machinery to achieve a surplus of foreign (Western Europe, 2.1 billion surplus, the Japanese surplus of 800 million U.S. dollars), other regions are deficit. The world’s largest agricultural machinery producers are the United States, China, Germany and Italy, every country total shipments in 2005 exceeded 45 billion U.S. dollars. Position was that India, France, Brazil, Canada, South Korea and the United Kingdom, each country total amount shipped in 2005 over 15 billion dollars. The manufacturer of the major developed countries has a huge and volatile domestic market, all with technical, management and marketing expertise, and make the access to capital and labor market preparation. However, manufacturers in developing countries a large number of investments, and / or with local manufacturers to establish partnerships. Asia-Pacific and Latin America’s rapid economic growth and relatively cheap labor costs are a significant investment attraction.

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