Demand and Supply Trend of Agricultural Machinery

Abstract

Purpose:This study was performed in order to obtain basic data for policy development and R&D to sharpen competitiveness in domestic agricultural machinery industry by analyzing the recent status of demand and supply for tractor, rice transplanter(riding type), and combine. Methods: Basic data from 199,275 units of tractor, rice transplanter (riding type), and combine was offered by the National Agricultural Cooperative Federation and Korea Agricultural Machinery Industry Cooperative. Those agricultural machines were supplied by the government's loan support from 2003 to 2012. Results: Recent supply of tractor is only 13,000 units or so per annum, thereby being stagnated. Rice transplanter and combine in 2012 corresponded to 3,810 units and 2,490 units, respectively. The domestic market share of the imported agricultural machinery accounted for 60.0% in tractor, 99.5% in saddle rice transplanter, and 80.9% in combine, thereby having been sharply increased 33.1%p, 42.0%p and 53.6%p compared to the ones in 2003. Life spans of tractor, combine and saddle rice transplanter are 3.7, 3.7 and 4.2 years, respectively. Among the discontinued models, the one less than 300 units supplied was occupied up to 70~85%. Conclusions: The domestic demand and the export expansion are needed through developing a model of agricultural machinery of having competitiveness to domestically activate agricultural machinery industry.

Satisfaction with the Quality of Agricultural Machinery and the Propensity for Replacement Purchases

“…In 2012, the domestic market share for imported agricultural machinery (finished products) was 13.2% for tractors, 57.5% for rice transplanters, and 27.3% for combine harvesters. Compared with 2003, the share for tractors decreased by 4.4% whereas that of rice transplanters and combine harvesters increased by 31.5% and 20.2%, respectively (Shin et al, 2013 Therefore, this study was conducted to serve as a basis for policy, distribution, export, and research and development (R&D) to improve the competitiveness of domestic agricultural machinery. Levels of satisfaction among farmers and service engineers were analyzed in relation to the current quality of agricultural machinery and primary consumers' propensity for replacement purchases.…”