Agricultural Self-Loading Trailer Market Overview in Iran
In value terms, agricultural self-loading trailer production fell modestly to $ in 2019 estimated in export prices. Overall, production showed a deep downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by % year-to-year. Iran production peaked at $ in 2008; however, from 2009 to 2019, production failed to regain the momentum.
The size of the agricultural self-loading trailer market in Iran reached $ in 2019, remaining stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 with an increase of % y-o-y. Over the period under review, the market reached the peak level at $ in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.