In 2022, the value of the wheeled tractor market in Latin America amounted to 5.78 billion U.S. dollars. On the account of rapid urbanization in the region, the market is expected to rise to about 8.2 billion U.S. dollars by 2027, with a compound annual growth rate of 7.23 percent.
Projected wheeled tractor market value in Latin America from 2022 to 2027
(in billion U.S. dollars)
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Value in billion U.S. dollars
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Figures have been rounded.
An exponential development of the values was assumed to estimate the annual values between 2022 and 2027, which were provided by the source.
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Statista. (April 4, 2022). Projected wheeled tractor market value in Latin America from 2022 to 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 17, 2024, from https://www.statista.com/statistics/984576/wheeled-tractor-market-value-latin-america/
Statista. "Projected wheeled tractor market value in Latin America from 2022 to 2027 (in billion U.S. dollars)." Chart. April 4, 2022. Statista. Accessed September 17, 2024. https://www.statista.com/statistics/984576/wheeled-tractor-market-value-latin-america/
Statista. (2022). Projected wheeled tractor market value in Latin America from 2022 to 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 17, 2024. https://www.statista.com/statistics/984576/wheeled-tractor-market-value-latin-america/
Statista. "Projected Wheeled Tractor Market Value in Latin America from 2022 to 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 4 Apr 2022, https://www.statista.com/statistics/984576/wheeled-tractor-market-value-latin-america/
Statista, Projected wheeled tractor market value in Latin America from 2022 to 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/984576/wheeled-tractor-market-value-latin-america/ (last visited September 17, 2024)
Projected wheeled tractor market value in Latin America from 2022 to 2027 (in billion U.S. dollars) [Graph], Statista, April 4, 2022. [Online]. Available: https://www.statista.com/statistics/984576/wheeled-tractor-market-value-latin-america/
