Price for Tractors; (Other than Tractors of Heading No 8709) in Bolivia - 2023
Contents:
- Price for Tractors; (Other than Tractors of Heading No 8709) in Bolivia (CIF) - 2023
- Price for Tractors; (Other than Tractors of Heading No 8709) in Bolivia (FOB) - 2022
- Imports of Tractors; (Other than Tractors of Heading No 8709) in Bolivia
- Exports of Tractors; (Other than Tractors of Heading No 8709) in Bolivia
Price for Tractors; (Other than Tractors of Heading No 8709) in Bolivia (CIF) - 2023
The average import price for tractors; (other than tractors of heading no 8709)s stood at $45,784 per unit in November 2023, shrinking by -4.8% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 35% month-to-month. The import price peaked at $58,303 per unit in June 2023; however, from July 2023 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($80,055 per unit), while the price for China ($11,066 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tractors; (Other than Tractors of Heading No 8709) in Bolivia (FOB) - 2022
In 2022, the average export price for tractors; (other than tractors of heading no 8709)s amounted to $9,344 per unit, shrinking by -35.5% against the previous year. In general, the export price recorded a precipitous decline. The most prominent rate of growth was recorded in 2019 an increase of 331% against the previous year. The export price peaked at $92,781 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($45,505 per unit), while the average price for exports to Peru ($125 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (-9.2%), while the prices for the other major destinations experienced a decline.
Imports of Tractors; (Other than Tractors of Heading No 8709) in Bolivia
In 2022, approx. 3.3K units of tractors; (other than tractors of heading no 8709)s were imported into Bolivia; with an increase of 25% against 2021 figures. Overall, imports, however, showed a deep downturn. Imports peaked at 4.2K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of tractors; (other than tractors of heading no 8709)s surged to $149M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tractors; (Other than Tractors of Heading No 8709) in Bolivia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 24.8 | 15.3 | 21.9 | 48.8 | 25.3% |
| Sweden | 43.7 | 35.4 | 42.6 | 45.8 | 1.6% |
| France | 10.1 | 7.0 | 7.6 | 11.4 | 4.1% |
| Mexico | 18.4 | 1.6 | 3.9 | 6.2 | -30.4% |
| India | 1.1 | 0.9 | 1.3 | 5.7 | 73.0% |
| China | 1.2 | 0.5 | 1.5 | 4.6 | 56.5% |
| Japan | 2.1 | 1.9 | 1.7 | 3.3 | 16.3% |
| United States | 4.6 | 2.8 | 2.5 | 3.3 | -10.5% |
| Germany | 0.7 | 0.3 | 1.5 | 2.6 | 54.9% |
| Poland | 1.5 | 2.0 | 0.1 | 1.8 | 6.3% |
| Italy | 2.3 | 2.7 | 2.0 | 1.6 | -11.4% |
| Others | 8.3 | 8.9 | 10.1 | 14.4 | 20.2% |
| Total | 119 | 79.3 | 96.6 | 149 | 7.8% |
Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to Bolivia in 2022:
- Brazil (1071.0 units)
- Sweden (431.0 units)
- France (371.0 units)
- Japan (287.0 units)
- India (258.0 units)
- China (164.0 units)
- Germany (99.0 units)
- Mexico (83.0 units)
- Poland (68.0 units)
- Italy (61.0 units)
- United States (56.0 units)
Exports of Tractors; (Other than Tractors of Heading No 8709) in Bolivia
Exports of tractors; (other than tractors of heading no 8709)s from Bolivia dropped rapidly to 5 units in 2022, declining by -78.3% against 2021. In general, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, the exports of hit record highs at 32 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of tractors; (other than tractors of heading no 8709)s fell rapidly to $47K in 2022. Overall, exports showed a precipitous setback. The smallest decline of -53.5% was in 2021. The exports peaked at $2.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Tractors; (Other than Tractors of Heading No 8709) in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 1,681 | 543 | 294 | 45.5 | -70.0% |
| Ecuador | N/A | N/A | N/A | 0.5 | 0% |
| Paraguay | 40.8 | 4.5 | 2.0 | 0.4 | -78.6% |
| Chile | 299 | 154 | 2.2 | 0.2 | -91.3% |
| Peru | 77.4 | 11.8 | 3.0 | 0.1 | -89.1% |
| Brazil | N/A | N/A | 31.8 | N/A | 0% |
| Others | N/A | 2.8 | N/A | N/A | 0% |
| Total | 2,098 | 716 | 333 | 46.7 | -71.9% |
Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from Bolivia in 2022:
- Paraguay (1.0 units)
- Argentina (1.0 units)
- Chile (1.0 units)
- Ecuador (1.0 units)
- Peru (1.0 units)
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